243.99 USD
+0.52 (+0.21%)
243.99 USD
0 (0%)
Overall NDSN gets a fundamental rating of 6 out of 10. We evaluated NDSN 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NDSN had positive earnings in the past year.
NDSN had a positive operating cash flow in the past year.
In the past 5 years NDSN has always been profitable.
NDSN had a positive operating cash flow in each of the past 5 years.
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 75.76% 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 77.27% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NDSN is in line with the industry average of 10.27%.
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
NDSN has a Profit Margin of 17.35%. This is amongst the best in the industry. NDSN outperforms 93.18% of its industry peers.
NDSN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 25.94%, NDSN belongs to the top of the industry, outperforming 97.73% of the companies in the same industry.
NDSN's Operating Margin has improved in the last couple of years.
NDSN has a Gross Margin of 55.16%. This is amongst the best in the industry. NDSN outperforms 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
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
Compared to 5 years ago, NDSN has less shares outstanding
NDSN has a better debt/assets ratio than last year.
2.2 Solvency
NDSN has an Altman-Z score of 4.92. This indicates that NDSN is financially healthy and has little risk of bankruptcy at the moment.
NDSN's Altman-Z score of 4.92 is fine compared to the rest of the industry. NDSN outperforms 73.48% 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.
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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 4.92 |
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.
The Current ratio of NDSN (1.64) is worse 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.
The Quick ratio of NDSN (1.05) is worse than 62.12% 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
Based on estimates for the next years, NDSN will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.58% on average per year.
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 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
A Price/Earnings ratio of 23.83 indicates a rather expensive valuation of NDSN.
The rest of the industry has a similar Price/Earnings ratio as NDSN.
The average S&P500 Price/Earnings ratio is at 26.57. NDSN is around the same levels.
A Price/Forward Earnings ratio of 21.24 indicates a rather expensive valuation of NDSN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NDSN is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of NDSN to the average of the S&P500 Index (24.04), we can say NDSN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.83 | ||
| Fwd PE | 21.24 |
4.2 Price Multiples
NDSN's Enterprise Value to EBITDA ratio is in line with 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 68.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.74 | ||
| EV/EBITDA | 17.85 |
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)1.96
PEG (5Y)1.79
EPS Next 2Y9.9%
EPS Next 3Y9.71%
5. Dividend
5.1 Amount
NDSN has a Yearly Dividend Yield of 1.35%. 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 0.98.
Compared to the average S&P500 Dividend Yield of 2.00, NDSN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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
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%
243.99
+0.52 (+0.21%)
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 Change0.24%
Market Cap13.71B
Revenue(TTM)2.79B
Net Income(TTM)484.47M
Analysts75.56
Price Target276.57 (13.35%)
Short Float %2.6%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend3.17
Dividend Growth(5Y)15.71%
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)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)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.83 | ||
| Fwd PE | 21.24 | ||
| P/S | 4.91 | ||
| P/FCF | 20.74 | ||
| P/OCF | 19.06 | ||
| P/B | 4.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.85 |
EPS(TTM)10.24
EY4.2%
EPS(NY)11.49
Fwd EY4.71%
FCF(TTM)11.77
FCFY4.82%
OCF(TTM)12.8
OCFY5.25%
SpS49.68
BVpS54.17
TBVpS-16.78
PEG (NY)1.96
PEG (5Y)1.79
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 | 4.92 |
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 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 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 12.17% 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%.