Market Cap
US$13.1b
Last Updated
2021/08/01 22:30 UTC
Data Sources
Company Financials +
Executive Summary
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Nordson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NDSN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NDSN's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
NDSN
0.9%
US Machinery
-0.4%
US Market
1 Year Return
16.8%
NDSN
49.8%
US Machinery
35.9%
US Market
Return vs Industry: NDSN underperformed the US Machinery industry which returned 49.8% over the past year.
Return vs Market: NDSN underperformed the US Market which returned 35.9% over the past year.
Shareholder returns
| NDSN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 0.9% | -0.4% |
| 30 Day | 2.7% | -0.05% | -0.3% |
| 90 Day | 8.4% | -1.7% | 3.1% |
| 1 Year | 17.7%16.8% | 53.0%49.8% | 38.0%35.9% |
| 3 Year | 74.8%69.9% | 61.3%51.8% | 62.9%52.7% |
| 5 Year | 162.4%150.2% | 137.0%112.2% | 121.3%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Nordson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
These 4 Measures Indicate That Nordson (NASDAQ:NDSN) Is Using Debt Reasonably Well1 week ago | Simply Wall St
Do Insiders Own Lots Of Shares In Nordson Corporation (NASDAQ:NDSN)?4 weeks ago | Simply Wall St
Have Nordson Corporation (NASDAQ:NDSN) Insiders Been Selling Their Stock?Valuation
Is Nordson undervalued compared to its fair value and its price relative to the market?
18.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NDSN ($226.13) is trading below our estimate of fair value ($277.9)
Significantly Below Fair Value: NDSN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NDSN is poor value based on its PE Ratio (42.7x) compared to the US Machinery industry average (31.2x).
PE vs Market: NDSN is poor value based on its PE Ratio (42.7x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: NDSN is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: NDSN is overvalued based on its PB Ratio (6.7x) compared to the US Machinery industry average (2.8x).
Future Growth
How is Nordson forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
11.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NDSN's forecast earnings growth (11.9% per year) is above the savings rate (2%).
Earnings vs Market: NDSN's earnings (11.9% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: NDSN's earnings are forecast to grow, but not significantly.
Revenue vs Market: NDSN's revenue (8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: NDSN's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NDSN's Return on Equity is forecast to be high in 3 years time (22.2%)
Past Performance
How has Nordson performed over the past 5 years?
3.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NDSN has high quality earnings.
Growing Profit Margin: NDSN's current net profit margins (13.9%) are lower than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: NDSN's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: NDSN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NDSN had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Machinery industry average (6.3%).
Return on Equity
High ROE: NDSN's Return on Equity (15.8%) is considered low.
Financial Health
How is Nordson's financial position?
Financial Position Analysis
Short Term Liabilities: NDSN's short term assets ($949.4M) exceed its short term liabilities ($385.3M).
Long Term Liabilities: NDSN's short term assets ($949.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NDSN's debt to equity ratio (44.5%) is considered high.
Reducing Debt: NDSN's debt to equity ratio has reduced from 144.1% to 44.5% over the past 5 years.
Debt Coverage: NDSN's debt is well covered by operating cash flow (61.3%).
Interest Coverage: NDSN's interest payments on its debt are well covered by EBIT (18.9x coverage).
Balance Sheet
Dividend
What is Nordson current dividend yield, its reliability and sustainability?
0.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NDSN's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: NDSN's dividend (0.69%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: NDSN's dividends per share have been stable in the past 10 years.
Growing Dividend: NDSN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.2%), NDSN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NDSN's dividends in 3 years are forecast to be well covered by earnings (20.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Naga Nagarajan (58 yo)
1.92yrs
Tenure
US$5,350,475
Compensation
Mr. Sundaram Nagarajan, also known as Naga, has been the President, Director and Chief Executive Officer of Nordson Corporation since August 1, 2019. He served as an Executive Vice President, Welding Segme...
CEO Compensation Analysis
Compensation vs Market: Naga's total compensation ($USD5.35M) is below average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Naga's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: NDSN's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: NDSN's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NDSN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nordson Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nordson Corporation
- Ticker: NDSN
- Exchange: NasdaqGS
- Founded: 1935
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$13.140b
- Shares outstanding: 58.11m
- Website: https://www.nordson.com
Number of Employees
Location
- Nordson Corporation
- 28601 Clemens Road
- Westlake
- Ohio
- 44145
- United States
Listings
Biography
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/01 22:30 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/04/30 |
| Annual Earnings | 2020/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.