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STOCK COMPARISON

Nucor vs SSAB AB (publ): Fair Value & Quality

Both stocks run through our valuation models. Here is how Nucor (NUE) and SSAB AB (publ) (SSAB-B) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees SSAB AB (publ) as the less overvalued of the two: Nucor trades at $261 versus a fair value of $116 (-56%), while SSAB AB (publ) trades at SEK 106 versus SEK 72.43 (-32%).
Nucor
NUE · USD · Materials
-56%
upside to fair value
overvalued
Price$261
Fair Value$116
Quality60/100
SSAB AB (publ)
SSAB-B.ST · SEK · Materials
-32%
upside to fair value
overvalued
PriceSEK 106
Fair ValueSEK 72.43
Quality54/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

NucorSSAB AB (publ)
Valuation
23.1×P/E (TTM)17.7×
1.56×P/S (TTM)1.00×
2.55×P/B1.41×
11.7×EV/EBITDA8.0×
5.21×PEG3.76×
−55.5%Fair value upside−31.7%
0.9%Dividend yield1.9%
$2.22Dividend per shareSEK 2.00
Profitability
12%Operating margin9%
1.00×EBIT margin trend (5Y)
12%Return on equity8%
6%Return on assets4%
Growth
21%Revenue growth (YoY)-1%
-7.8%Avg. growth/yr (3Y)-8.3%
10.0%Avg. growth/yr (5Y)8.0%
+12.8%Value creation/yr−6.5%
Balance & size
45.1×Interest coverage (EBIT/interest)9.6×
0.32×Debt / equity0.11×
$53BMarket cap$10B
weakGrowth qualitymixed

SSAB AB (publ) leads: 6 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Nucorof which business quality 58 · market factors 72 SSAB AB (publ)of which business quality 54 · market factors 78
ProfitabilityMargins and returns on capital today
40
38
Quality GrowthAre margins and returns improving?
40
10
CashflowEarnings quality: real cash, not paper profit
37
37
Fin. StrengthBalance sheet, leverage, solvency risk
75
83
InvestmentDisciplined investing over empire-building
73
77
Low VolatilityCalm price path (market factor)
31
48
MomentumPrice trend over the last 3–12 months (market factor)
85
85
52W MomentumDistance to the 52-week high (market factor)
97
100
Net IssuanceBuybacks instead of dilution
100
87

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyNucorPrice $261SSAB AB (publ)Price SEK 106
Earnings-Based-70%below the price$79.61-56%below the priceSEK 46.54
Dividend Discount-85%below the price$39.56n/a
Multiples-50%below the price$131-17%below the priceSEK 88.47
Asset-Based-76%below the price$61.59-57%below the priceSEK 45.57
Economic Profit-68%below the price$83.92-41%below the priceSEK 62.95
Growth Earnings-56%below the price$116-32%below the priceSEK 72.43
Minimum-85%below the price$39.56-57%below the priceSEK 45.57
Maximum-50%below the price$131-17%below the priceSEK 88.47
Median-69%below the price$81.77-41%below the priceSEK 62.95
Geometric mean-70%below the price$79.26-42%below the priceSEK 61.16

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Nucor: 16 of 16 models see the stock below the current price.

SSAB AB (publ): 13 of 14 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Nucor
Bear $81.24Fair Value $116Bull $151
$261 = current price (white tick)
SSAB AB (publ)
Bear SEK 54.56Fair Value SEK 72.43Bull SEK 94.15
SEK 106 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Nucor · Materials

Quality score60 · Top 25%
Fair value upside-56% · below median

SSAB AB (publ) · Materials

Quality score54 · above median
Fair value upside-32% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees SSAB AB (publ) as the less overvalued of the two: Nucor trades at $261 versus a fair value of $116 (-56%), while SSAB AB (publ) trades at SEK 106 versus SEK 72.43 (-32%).

Nucor has the higher quality score (60/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.