235.45 USD
+1.02 (+0.44%)
235.45 USD
0 (0%)
Overall NDSN gets a fundamental rating of 5 out of 10. We evaluated NDSN against 130 industry peers in the Machinery industry. While NDSN has a great profitability rating, there are some minor concerns on its financial health. NDSN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NDSN was profitable.
NDSN had a positive operating cash flow in the past year.
NDSN had positive earnings in each of the past 5 years.
NDSN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 8.19%, NDSN is doing good in the industry, outperforming 74.62% of the companies in the same industry.
The Return On Equity of NDSN (15.92%) is better than 76.15% of its industry peers.
NDSN has a Return On Invested Capital of 11.29%. This is in the better half of the industry: NDSN outperforms 76.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NDSN is in line with the industry average of 10.46%.
The 3 year average ROIC (10.93%) for NDSN is below the current ROIC(11.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.19% | ||
| ROE | 15.92% | ||
| ROIC | 11.29% |
ROA(3y)8.42%
ROA(5y)10.13%
ROE(3y)16.87%
ROE(5y)18.81%
ROIC(3y)10.93%
ROIC(5y)13.3%
1.3 Margins
With an excellent Profit Margin value of 17.35%, NDSN belongs to the best of the industry, outperforming 93.08% of the companies in the same industry.
In the last couple of years the Profit Margin of NDSN has grown nicely.
NDSN's Operating Margin of 25.94% is amongst the best of the industry. NDSN outperforms 97.69% of its industry peers.
NDSN's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 55.16%, NDSN belongs to the best of the industry, outperforming 95.38% of the companies in the same industry.
In the last couple of years the Gross Margin of NDSN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.94% | ||
| PM (TTM) | 17.35% | ||
| GM | 55.16% |
OM growth 3Y-1.46%
OM growth 5Y4.72%
PM growth 3Y-4.31%
PM growth 5Y8.09%
GM growth 3Y0.05%
GM growth 5Y0.69%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NDSN is creating some value.
Compared to 1 year ago, NDSN has less shares outstanding
The number of shares outstanding for NDSN has been reduced compared to 5 years ago.
Compared to 1 year ago, NDSN has an improved debt to assets ratio.
2.2 Solvency
NDSN has a debt to FCF ratio of 3.02. This is a good value and a sign of high solvency as NDSN would need 3.02 years to pay back of all of its debts.
NDSN has a better Debt to FCF ratio (3.02) than 69.23% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that NDSN is somewhat dependend on debt financing.
The Debt to Equity ratio of NDSN (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | N/A |
ROIC/WACC1.2
WACC9.42%
2.3 Liquidity
A Current Ratio of 1.64 indicates that NDSN should not have too much problems paying its short term obligations.
The Current ratio of NDSN (1.64) is worse than 68.46% of its industry peers.
NDSN has a Quick Ratio of 1.05. This is a normal value and indicates that NDSN is financially healthy and should not expect problems in meeting its short term obligations.
NDSN's Quick ratio of 1.05 is on the low side compared to the rest of the industry. NDSN is outperformed by 62.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
NDSN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.13%.
Measured over the past years, NDSN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.32% on average per year.
The Revenue has been growing slightly by 3.78% in the past year.
Measured over the past years, NDSN shows a small growth in Revenue. The Revenue has been growing by 5.65% on average per year.
EPS 1Y (TTM)5.13%
EPS 3Y2.78%
EPS 5Y13.32%
EPS Q2Q%8.99%
Revenue 1Y (TTM)3.78%
Revenue growth 3Y2.53%
Revenue growth 5Y5.65%
Sales Q2Q%0.99%
3.2 Future
NDSN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.58% yearly.
NDSN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.64% yearly.
EPS Next Y10.38%
EPS Next 2Y9.64%
EPS Next 3Y11.99%
EPS Next 5Y10.58%
Revenue Next Year4.45%
Revenue Next 2Y5.22%
Revenue Next 3Y8.73%
Revenue Next 5Y8.64%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.99, NDSN is valued on the expensive side.
NDSN's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.54, NDSN is valued at the same level.
With a Price/Forward Earnings ratio of 20.83, NDSN is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as NDSN.
When comparing the Price/Forward Earnings ratio of NDSN to the average of the S&P500 Index (23.78), we can say NDSN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.99 | ||
| Fwd PE | 20.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NDSN is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, NDSN is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.01 | ||
| EV/EBITDA | 17.22 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NDSN does not grow enough to justify the current Price/Earnings ratio.
NDSN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.21
PEG (5Y)1.73
EPS Next 2Y9.64%
EPS Next 3Y11.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.39%, NDSN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.79, NDSN pays a bit more dividend than its industry peers.
NDSN's Dividend Yield is slightly below the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
5.2 History
The dividend of NDSN is nicely growing with an annual growth rate of 14.76%!
NDSN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)14.76%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
36.96% of the earnings are spent on dividend by NDSN. This is a low number and sustainable payout ratio.
NDSN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.96%
EPS Next 2Y9.64%
EPS Next 3Y11.99%
235.45
+1.02 (+0.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners78.37%
Inst Owner Change-1.98%
Ins Owners0.28%
Ins Owner Change0.23%
Market Cap13.23B
Revenue(TTM)2.79B
Net Income(TTM)484.47M
Analysts75.56
Price Target262.57 (11.52%)
Short Float %2.49%
Short Ratio4.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
Yearly Dividend2.83
Dividend Growth(5Y)14.76%
DP36.96%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.47%
Min EPS beat(2)1.44%
Max EPS beat(2)1.49%
EPS beat(4)3
Avg EPS beat(4)0.07%
Min EPS beat(4)-3.19%
Max EPS beat(4)1.49%
EPS beat(8)6
Avg EPS beat(8)1.52%
EPS beat(12)8
Avg EPS beat(12)1.19%
EPS beat(16)12
Avg EPS beat(16)1.73%
Revenue beat(2)1
Avg Revenue beat(2)-1.33%
Min Revenue beat(2)-3.2%
Max Revenue beat(2)0.54%
Revenue beat(4)1
Avg Revenue beat(4)-2.23%
Min Revenue beat(4)-5.61%
Max Revenue beat(4)0.54%
Revenue beat(8)1
Avg Revenue beat(8)-2.01%
Revenue beat(12)1
Avg Revenue beat(12)-2.08%
Revenue beat(16)2
Avg Revenue beat(16)-1.69%
PT rev (1m)0%
PT rev (3m)0.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.02%
EPS NY rev (1m)0%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.99 | ||
| Fwd PE | 20.83 | ||
| P/S | 4.74 | ||
| P/FCF | 20.01 | ||
| P/OCF | 18.4 | ||
| P/B | 4.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.22 |
EPS(TTM)10.24
EY4.35%
EPS(NY)11.3
Fwd EY4.8%
FCF(TTM)11.77
FCFY5%
OCF(TTM)12.8
OCFY5.44%
SpS49.68
BVpS54.17
TBVpS-4.65
PEG (NY)2.21
PEG (5Y)1.73
Graham Number111.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.19% | ||
| ROE | 15.92% | ||
| ROCE | 14.04% | ||
| ROIC | 11.29% | ||
| ROICexc | 11.53% | ||
| ROICexgc | 33.36% | ||
| OM | 25.94% | ||
| PM (TTM) | 17.35% | ||
| GM | 55.16% | ||
| FCFM | 23.68% |
ROA(3y)8.42%
ROA(5y)10.13%
ROE(3y)16.87%
ROE(5y)18.81%
ROIC(3y)10.93%
ROIC(5y)13.3%
ROICexc(3y)11.18%
ROICexc(5y)13.96%
ROICexgc(3y)41.1%
ROICexgc(5y)51.22%
ROCE(3y)13.59%
ROCE(5y)16.53%
ROICexgc growth 3Y-25.92%
ROICexgc growth 5Y-1.39%
ROICexc growth 3Y-16.78%
ROICexc growth 5Y0.37%
OM growth 3Y-1.46%
OM growth 5Y4.72%
PM growth 3Y-4.31%
PM growth 5Y8.09%
GM growth 3Y0.05%
GM growth 5Y0.69%
F-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.02 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 38.57% | ||
| Cap/Sales | 2.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.21% | ||
| Profit Quality | 136.46% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | N/A |
F-Score7
WACC9.42%
ROIC/WACC1.2
Cap/Depr(3y)38.93%
Cap/Depr(5y)41.02%
Cap/Sales(3y)1.93%
Cap/Sales(5y)1.88%
Profit Quality(3y)122.05%
Profit Quality(5y)113.57%
High Growth Momentum
Growth
EPS 1Y (TTM)5.13%
EPS 3Y2.78%
EPS 5Y13.32%
EPS Q2Q%8.99%
EPS Next Y10.38%
EPS Next 2Y9.64%
EPS Next 3Y11.99%
EPS Next 5Y10.58%
Revenue 1Y (TTM)3.78%
Revenue growth 3Y2.53%
Revenue growth 5Y5.65%
Sales Q2Q%0.99%
Revenue Next Year4.45%
Revenue Next 2Y5.22%
Revenue Next 3Y8.73%
Revenue Next 5Y8.64%
EBIT growth 1Y7.46%
EBIT growth 3Y1.03%
EBIT growth 5Y10.64%
EBIT Next Year26.52%
EBIT Next 3Y15.6%
EBIT Next 5Y13.18%
FCF growth 1Y34.43%
FCF growth 3Y12.71%
FCF growth 5Y7.91%
OCF growth 1Y29.3%
OCF growth 3Y11.91%
OCF growth 5Y7.44%
NORDSON CORP / NDSN FAQ
Can you provide the ChartMill fundamental rating for NORDSON CORP?
ChartMill assigns a fundamental rating of 5 / 10 to NDSN.
What is the valuation status of NORDSON CORP (NDSN) stock?
ChartMill assigns a valuation rating of 3 / 10 to NORDSON CORP (NDSN). This can be considered as Overvalued.
What is the profitability of NDSN stock?
NORDSON CORP (NDSN) has a profitability rating of 8 / 10.
What is the expected EPS growth for NORDSON CORP (NDSN) stock?
The Earnings per Share (EPS) of NORDSON CORP (NDSN) is expected to grow by 10.38% in the next year.
Can you provide the dividend sustainability for NDSN stock?
The dividend rating of NORDSON CORP (NDSN) is 5 / 10 and the dividend payout ratio is 36.96%.