Nucor Corp (NUE) is overvalued and POSCO Holdings Inc ADR (PKX) is overvalued.
Both trade above our estimate of their intrinsic value. PKX is the closer of the two: -69%, against -84% for NUE.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 12.1% (average of 3 methods) values the shares at $133.22; the price of $245.66 is 84% above that value, and 66% of that value comes from beyond year five.
Leak Score 41/100 on 9 of 12 signals
Discounting its cash flows at 8.2% values the shares at $34.89; the price of $59.05 is 69% above that value, and 78% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | NUE | PKX |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $245.66 | $59.05 |
| Intrinsic value | $133.22 | $34.89 |
| Margin of safety | -84% | -69% |
| Leak Score | 41/100 (9/12) | 0/100 (3/12) |
| Market cap | $55.7B | $17.9B |
| Revenue growth, 5 years | 10.0% | -0.1% |
| Operating margin | 11.5% | 3.0% |
| Net margin | 8.0% | 1.9% |
| Return on equity | 13.5% | 2.4% |
| Debt to equity | 0.32 | 0.55 |
| P/E | 19.6x | 19.4x |
| Forward P/E | 12.6x | 10.7x |
| P/B | 2.5x | 0.5x |
| Dividend yield | 0.9% | 3.0% |