243.47 USD
+1.49 (+0.62%)
243.47 USD
0 (0%)
NDSN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. NDSN scores excellent on profitability, but 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
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's Return On Assets of 8.19% is fine compared to the rest of the industry. NDSN outperforms 75.76% of its industry peers.
The Return On Equity of NDSN (15.92%) is better than 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 77.27% 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 10.27%.
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
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.
With an excellent Operating Margin value of 25.94%, NDSN belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
In the last couple of years the Operating Margin of NDSN has grown nicely.
The Gross Margin of NDSN (55.16%) is better 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.
NDSN has less shares outstanding than it did 5 years ago.
NDSN has a better debt/assets ratio than last year.
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 69.70% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that NDSN is somewhat dependend on debt financing.
NDSN has a Debt to Equity ratio (0.55) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.02 | ||
| Altman-Z | N/A |
ROIC/WACC1.21
WACC9.3%
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.
With a Current ratio value of 1.64, NDSN is not doing good in the industry: 67.42% of the companies in the same industry are doing better.
A Quick Ratio of 1.05 indicates that NDSN should not have too much problems paying its short term obligations.
NDSN has a Quick ratio of 1.05. This is in the lower half of the industry: NDSN underperforms 62.12% 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.
NDSN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.32% yearly.
The Revenue has been growing slightly by 3.78% in the past year.
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
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
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.
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
A Price/Earnings ratio of 23.78 indicates a rather expensive valuation of NDSN.
Compared to the rest of the industry, the Price/Earnings ratio of NDSN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of NDSN to the average of the S&P500 Index (26.59), we can say NDSN is valued inline with the index average.
With a Price/Forward Earnings ratio of 21.54, NDSN is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as NDSN.
The average S&P500 Price/Forward Earnings ratio is at 24.03. NDSN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 21.54 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NDSN.
Based on the Price/Free Cash Flow ratio, NDSN is valued a bit cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.69 | ||
| EV/EBITDA | 17.8 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of NDSN may justify a higher PE ratio.
PEG (NY)2.29
PEG (5Y)1.79
EPS Next 2Y9.64%
EPS Next 3Y11.99%
5. Dividend
5.1 Amount
NDSN has a Yearly Dividend Yield of 1.38%.
NDSN's Dividend Yield is a higher than the industry average which is at 1.04.
Compared to the average S&P500 Dividend Yield of 1.88, NDSN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
5.2 History
The dividend of NDSN is nicely growing with an annual growth rate of 15.66%!
NDSN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)15.66%
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.
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%
243.47
+1.49 (+0.62%)
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 Cap13.68B
Revenue(TTM)2.79B
Net Income(TTM)484.47M
Analysts75.56
Price Target262.57 (7.84%)
Short Float %2.6%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
Yearly Dividend3.16
Dividend Growth(5Y)15.66%
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)-0.14%
EPS NQ rev (3m)1.22%
EPS NY rev (1m)0%
EPS NY rev (3m)0.95%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 21.54 | ||
| P/S | 4.9 | ||
| P/FCF | 20.69 | ||
| P/OCF | 19.02 | ||
| P/B | 4.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.8 |
EPS(TTM)10.24
EY4.21%
EPS(NY)11.3
Fwd EY4.64%
FCF(TTM)11.77
FCFY4.83%
OCF(TTM)12.8
OCFY5.26%
SpS49.68
BVpS54.17
TBVpS-4.65
PEG (NY)2.29
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 | 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
WACC9.3%
ROIC/WACC1.21
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%.