What are the key financial metrics for Nucor investors?
After analyzing the historical facts and key operations for Nucor we’ll now discuss the financial performance of a company. We’ll look at key ratios to understand the financial health of the company. There are the five-year average sales growth rate and Return on Assets (or ROA) that will be used to compare Nucor (NUE) to other steel companies. We have selected ArcelorMittal (MT), U.S. Steel Corporation (X), and Reliance Steel & Aluminum (RS) for our analysis. Apart from these companies, the SPDR S&P Metals and Mining ETF (XME) is an alternate way to invest in the steel sector.
On most of the metrics, Nucor displays above average performance. We’ll look at the possible reasons for this as well as its impact on valuation and the share price of Nucor in the next sections.
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