255.26 USD
+2.4 (+0.95%)
255.26 USD
0 (0%)
NDSN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. While NDSN belongs to the best of the industry regarding profitability, 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.
In the past year NDSN had a positive cash flow from operations.
In the past 5 years NDSN has always been profitable.
In the past 5 years NDSN always reported a positive cash flow from operatings.
1.2 Ratios
NDSN has a Return On Assets of 8.19%. This is in the better half of the industry: NDSN outperforms 75.76% of its industry peers.
NDSN has a Return On Equity of 15.92%. This is in the better half of the industry: NDSN outperforms 76.52% of its industry peers.
The Return On Invested Capital of NDSN (11.29%) is better than 78.03% of its industry peers.
NDSN had an Average Return On Invested Capital over the past 3 years of 10.93%. This is in line with the industry average of 10.21%.
The last Return On Invested Capital (11.29%) for NDSN is above the 3 year average (10.93%), which is a sign of increasing profitability.
| 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
The Profit Margin of NDSN (17.35%) is better than 93.18% of its industry peers.
In the last couple of years the Profit Margin of NDSN has grown nicely.
NDSN has a better Operating Margin (25.94%) than 97.73% of its industry peers.
NDSN's Operating Margin has improved in the last couple of years.
NDSN has a better Gross Margin (55.16%) than 95.45% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NDSN is still creating some value.
NDSN has less shares outstanding than it did 1 year ago.
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 an Altman-Z score of 5.06. This indicates that NDSN is financially healthy and has little risk of bankruptcy at the moment.
NDSN's Altman-Z score of 5.06 is fine compared to the rest of the industry. NDSN outperforms 73.48% of its industry peers.
The Debt to FCF ratio of NDSN is 3.04, which is a good value as it means it would take NDSN, 3.04 years of fcf income to pay off all of its debts.
NDSN has a better Debt to FCF ratio (3.04) than 69.70% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that NDSN is somewhat dependend on debt financing.
NDSN has a Debt to Equity ratio (0.56) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 5.06 |
ROIC/WACC1.19
WACC9.48%
2.3 Liquidity
NDSN has a Current Ratio of 1.64. This is a normal value and indicates that NDSN is financially healthy and should not expect problems in meeting its short term obligations.
NDSN has a worse Current ratio (1.64) than 67.42% 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 has a worse Quick ratio (1.05) than 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.13% over the past year.
The Earnings Per Share has been growing by 13.32% on average over the past years. This is quite good.
NDSN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.78%.
The Revenue has been growing slightly by 5.65% on average over the past years.
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
The Earnings Per Share is expected to grow by 10.58% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.64% on average over the next years. This is quite good.
EPS Next Y12.17%
EPS Next 2Y9.9%
EPS Next 3Y9.71%
EPS Next 5Y10.58%
Revenue Next Year3.78%
Revenue Next 2Y4.35%
Revenue Next 3Y5.27%
Revenue Next 5Y8.64%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NDSN is valuated rather expensively with a Price/Earnings ratio of 24.93.
NDSN's Price/Earnings is on the same level as the industry average.
NDSN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.00.
With a Price/Forward Earnings ratio of 22.22, NDSN is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as NDSN.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.70, NDSN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.93 | ||
| Fwd PE | 22.22 |
4.2 Price Multiples
NDSN's Enterprise Value to EBITDA is on the same level as the industry average.
NDSN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NDSN is cheaper than 67.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.7 | ||
| EV/EBITDA | 18.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
NDSN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.05
PEG (5Y)1.87
EPS Next 2Y9.9%
EPS Next 3Y9.71%
5. Dividend
5.1 Amount
NDSN has a Yearly Dividend Yield of 1.36%.
Compared to an average industry Dividend Yield of 0.85, NDSN pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 1.94, NDSN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
On average, the dividend of NDSN grows each year by 15.71%, which is quite nice.
NDSN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)15.71%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NDSN pays out 36.96% of its income as dividend. This is a sustainable payout ratio.
The dividend of NDSN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.96%
EPS Next 2Y9.9%
EPS Next 3Y9.71%
255.26
+2.4 (+0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners78.65%
Inst Owner Change0%
Ins Owners0.31%
Ins Owner Change2.21%
Market Cap14.34B
Revenue(TTM)2.79B
Net Income(TTM)484.47M
Analysts75.56
Price Target276.57 (8.35%)
Short Float %2.83%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend3.17
Dividend Growth(5Y)15.71%
DP36.96%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)5.33%
PT rev (3m)5.74%
EPS NQ rev (1m)-0.1%
EPS NQ rev (3m)1.27%
EPS NY rev (1m)1.62%
EPS NY rev (3m)1.78%
Revenue NQ rev (1m)-0.62%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)-0.64%
Revenue NY rev (3m)-0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.93 | ||
| Fwd PE | 22.22 | ||
| P/S | 5.14 | ||
| P/FCF | 21.7 | ||
| P/OCF | 19.94 | ||
| P/B | 4.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.57 |
EPS(TTM)10.24
EY4.01%
EPS(NY)11.49
Fwd EY4.5%
FCF(TTM)11.77
FCFY4.61%
OCF(TTM)12.8
OCFY5.01%
SpS49.68
BVpS54.17
TBVpS-16.78
PEG (NY)2.05
PEG (5Y)1.87
Graham Number111.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.19% | ||
| ROE | 15.92% | ||
| ROCE | 14.04% | ||
| ROIC | 11.29% | ||
| ROICexc | 11.53% | ||
| ROICexgc | 54.72% | ||
| 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)48.22%
ROICexgc(5y)55.49%
ROCE(3y)13.59%
ROCE(5y)16.53%
ROICexgc growth 3Y-12.63%
ROICexgc growth 5Y8.87%
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 | 0.56 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 1.93 | ||
| Cap/Depr | 38.57% | ||
| Cap/Sales | 2.08% | ||
| Interest Coverage | 7.34 | ||
| Cash Conversion | 82.21% | ||
| Profit Quality | 136.46% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 5.06 |
F-Score7
WACC9.48%
ROIC/WACC1.19
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 Y12.17%
EPS Next 2Y9.9%
EPS Next 3Y9.71%
EPS Next 5Y10.58%
Revenue 1Y (TTM)3.78%
Revenue growth 3Y2.53%
Revenue growth 5Y5.65%
Sales Q2Q%0.99%
Revenue Next Year3.78%
Revenue Next 2Y4.35%
Revenue Next 3Y5.27%
Revenue Next 5Y8.64%
EBIT growth 1Y7.46%
EBIT growth 3Y1.03%
EBIT growth 5Y10.64%
EBIT Next Year27.03%
EBIT Next 3Y12.56%
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 6 / 10 to NDSN.
What is the valuation status for NDSN stock?
ChartMill assigns a valuation rating of 3 / 10 to NORDSON CORP (NDSN). This can be considered as Overvalued.
Can you provide the profitability details for NORDSON CORP?
NORDSON CORP (NDSN) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for NDSN stock?
The Price/Earnings (PE) ratio for NORDSON CORP (NDSN) is 24.93 and the Price/Book (PB) ratio is 4.71.
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 12.17% in the next year.