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No-follow generally doesn't pass link juice in SEO. However, they may still be valuable if they are linking to pages that are relevant to your website's content.
A no-follow tag is a code that can be placed on links that tells search engines not to follow the link. In other words, a no-follow tag simply indicates that the link should not be used as a factor in search engine rankings.
Here is an extract from Google's perspective:
“All the link attributes—sponsored, ugc, and nofollow—are treated as hints about which links to consider or exclude within Search. We'll use these hints—along with other signals—as a way to better understand how to appropriately analyze and use links within our systems.
Why not completely ignore such links, as had been the case with nofollow? Links contain valuable information that can help us improve search, such as how the words within links describe content they point at. Looking at all the links we encounter can also help us better understand unnatural linking patterns. By shifting to a hint model, we no longer lose this important information, while still allowing site owners to indicate that some links shouldn't be given the weight of a first-party endorsement” - Google Search Central
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