262.4 USD
+1.18 (+0.45%)
262.4 USD
0 (0%)
Taking everything into account, NDSN scores 6 out of 10 in our fundamental rating. NDSN was compared to 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. While showing a medium growth rate, NDSN is valued expensive at the moment.
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.
Each year in the past 5 years NDSN had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.19%, NDSN is doing good in the industry, outperforming 75.76% of the companies in the same industry.
NDSN has a Return On Equity of 15.92%. This is in the better half of the industry: NDSN outperforms 75.76% of its industry peers.
NDSN's Return On Invested Capital of 11.29% is fine compared to the rest of the industry. NDSN outperforms 78.03% 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 10.25%.
The 3 year average ROIC (10.94%) 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)10.94%
ROIC(5y)13.31%
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.
The Operating Margin of NDSN (25.94%) is better than 97.73% of its industry peers.
NDSN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 55.16%, NDSN belongs to the top of the industry, outperforming 95.45% 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-1.36%
OM growth 5Y4.79%
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.
Compared to 5 years ago, NDSN has less shares outstanding
The debt/assets ratio for NDSN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.13 indicates that NDSN is not in any danger for bankruptcy at the moment.
NDSN has a Altman-Z score of 5.13. This is in the better half of the industry: NDSN outperforms 74.24% of its industry peers.
NDSN has a debt to FCF ratio of 3.04. This is a good value and a sign of high solvency as NDSN would need 3.04 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.04, NDSN is in the better half of the industry, outperforming 68.94% of the companies in the same industry.
NDSN has a Debt/Equity ratio of 0.56. This is a neutral value indicating NDSN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.56, NDSN perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 5.13 |
ROIC/WACC1.22
WACC9.29%
2.3 Liquidity
A Current Ratio of 1.64 indicates that NDSN should not have too much problems paying its short term obligations.
NDSN has a Current ratio of 1.64. This is in the lower half of the industry: NDSN underperforms 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.
With a Quick ratio value of 1.05, NDSN is not doing good in the industry: 62.88% of the companies in the same industry are doing better.
| 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.
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
The Earnings Per Share is expected to grow by 9.84% on average over the next years. This is quite good.
NDSN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.62% yearly.
EPS Next Y12.17%
EPS Next 2Y9.9%
EPS Next 3Y9.71%
EPS Next 5Y9.84%
Revenue Next Year3.78%
Revenue Next 2Y4.35%
Revenue Next 3Y5.27%
Revenue Next 5Y7.62%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 quite expensively with a Price/Earnings ratio of 25.62.
Compared to the rest of the industry, the Price/Earnings ratio of NDSN is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.25. NDSN is around the same levels.
Based on the Price/Forward Earnings ratio of 22.84, the valuation of NDSN can be described as rather expensive.
NDSN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.98. NDSN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.62 | ||
| Fwd PE | 22.84 |
4.2 Price Multiples
NDSN's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NDSN indicates a somewhat cheap valuation: NDSN is cheaper than 65.15% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.3 | ||
| EV/EBITDA | 18.95 |
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)2.11
PEG (5Y)1.92
EPS Next 2Y9.9%
EPS Next 3Y9.71%
5. Dividend
5.1 Amount
NDSN has a Yearly Dividend Yield of 1.28%. Purely for dividend investing, there may be better candidates out there.
NDSN's Dividend Yield is a higher than the industry average which is at 0.80.
NDSN's Dividend Yield is slightly below the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
5.2 History
The dividend of NDSN is nicely growing with an annual growth rate of 15.71%!
NDSN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.71%
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 2Y9.9%
EPS Next 3Y9.71%
262.4
+1.18 (+0.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners78.65%
Inst Owner Change0.09%
Ins Owners0.31%
Ins Owner Change2.75%
Market Cap14.74B
Revenue(TTM)2.79B
Net Income(TTM)484.47M
Analysts76.67
Price Target276.57 (5.4%)
Short Float %2.83%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
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 | 25.62 | ||
| Fwd PE | 22.84 | ||
| P/S | 5.28 | ||
| P/FCF | 22.3 | ||
| P/OCF | 20.5 | ||
| P/B | 4.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.95 |
EPS(TTM)10.24
EY3.9%
EPS(NY)11.49
Fwd EY4.38%
FCF(TTM)11.77
FCFY4.48%
OCF(TTM)12.8
OCFY4.88%
SpS49.68
BVpS54.17
TBVpS-16.78
PEG (NY)2.11
PEG (5Y)1.92
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)10.94%
ROIC(5y)13.31%
ROICexc(3y)11.19%
ROICexc(5y)13.97%
ROICexgc(3y)48.28%
ROICexgc(5y)55.53%
ROCE(3y)13.6%
ROCE(5y)16.54%
ROICexgc growth 3Y-12.54%
ROICexgc growth 5Y8.94%
ROICexc growth 3Y-16.7%
ROICexc growth 5Y0.43%
OM growth 3Y-1.36%
OM growth 5Y4.79%
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 | 5.13 |
F-Score7
WACC9.29%
ROIC/WACC1.22
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 5Y9.84%
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 5Y7.62%
EBIT growth 1Y7.46%
EBIT growth 3Y1.14%
EBIT growth 5Y10.71%
EBIT Next Year27.03%
EBIT Next 3Y12.56%
EBIT Next 5Y11.3%
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 25.62 and the Price/Book (PB) ratio is 4.84.
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.