Market Cap
US$7.9b
Last Updated
2019/08/17 23:47 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.
Snowflake
Fundamentals
Mediocre balance sheet with acceptable track record.
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
Market Performance
7 Day Return
-1.0%
NasdaqGS:NDSN
-1.8%
US Machinery
-1.0%
US Market
1 Year Return
1.4%
NasdaqGS:NDSN
-7.4%
US Machinery
-0.4%
US Market
NDSN outperformed the Machinery industry which returned -7.4% over the past year.
NDSN outperformed the Market in United States of America which returned -0.4% over the past year.
Share holder returns
| NDSN | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.8% | -1.0% |
| 30 Day | 0.02% | -7.7% | -3.3% |
| 90 Day | 1.2% | -2.9% | 0.8% |
| 1 Year | 2.5%1.4% | -5.5%-7.4% | 1.9%-0.4% |
| 3 Year | 52.5%48.4% | 35.4%26.6% | 39.4%30.4% |
| 5 Year | 79.4%70.3% | 36.2%19.4% | 54.2%37.1% |
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
6 days ago | Simply Wall St
Why Nordson Corporation’s (NASDAQ:NDSN) Return On Capital Employed Is Impressive2 weeks ago | Simply Wall St
Can Nordson Corporation's (NASDAQ:NDSN) ROE Continue To Surpass The Industry Average?1 month ago | Simply Wall St
What Kind Of Shareholders Own Nordson Corporation (NASDAQ:NDSN)?Valuation
Is Nordson undervalued based on future cash flows and its price relative to the stock market?
24.55x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Nordson's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Nordson's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Nordson is overvalued based on earnings compared to the US Machinery industry average.
Nordson is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Nordson is poor value based on expected growth next year.
Price Based on Value of Assets
Nordson is overvalued based on assets compared to the US Machinery industry average.
Next Steps
Future Growth
How is Nordson expected to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Nordson's revenue is expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).
Nordson's earnings are expected to grow by 12.9% yearly, however this is not considered high growth (20% yearly).
Nordson's revenue growth is positive but not above the United States of America market average.
Nordson's earnings growth is positive but not above the United States of America market average.
Nordson's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Nordson will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Nordson performed over the past 5 years?
10.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Nordson's year on year earnings growth rate has been positive over the past 5 years.
Nordson's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Nordson's 1-year earnings growth is negative, it can't be compared to the US Machinery industry average.
Return on Equity
Nordson has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Nordson used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Nordson's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Nordson's financial position?
Financial Position Analysis
Nordson is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Nordson's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Nordson's level of debt (92.8%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (69.9% vs 92.8% today).
Debt is well covered by operating cash flow (33.3%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 9.5x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.7x debt.
Next Steps
Dividend
What is Nordson's current dividend yield, its reliability and sustainability?
1.08%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Nordson's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Nordson's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Nordson's salary, the management and board of directors tenure and is there insider trading?
7.1yrs
Average management tenure
CEO
Naga Nagarajan (56yo)
Mr. Sundaram Nagarajan, also known as Naga, has been the President and Chief Executive Officer of Nordson Corporation since August 1, 2019. Mr. Nagarajan served as an Executive Vice President of Automotive ...
Management Age and Tenure
7.1yrs
Average Tenure
55yo
Average Age
The average tenure for the Nordson management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
9.5yrs
Average Tenure
62yo
Average Age
The tenure for the Nordson board of directors is about average.
Insider Trading
Nordson individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Executive VP & CFO |
| Shares | 2,411 |
| Max Price | US$138.14 |
| Entity | Individual |
| Role | Senior Advisor Member of the Board of Directors |
| Shares | 6,000 |
| Max Price | US$128.06 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 998 |
| Max Price | US$127.88 |
| Entity | Individual |
| Role | Executive Vice President |
| Shares | 5,860 |
| Max Price | US$137.14 |
| Entity | Individual |
| Role | Senior Advisor Member of the Board of Directors |
| Shares | 4,000 |
| Max Price | US$137.98 |
| Entity | Individual |
| Role | Executive VP & CFO |
| Shares | 4,949 |
| Max Price | US$122.48 |
| Entity | Individual |
| Role | Senior Advisor Member of the Board of Directors |
| Shares | 4,330 |
| Max Price | US$116.48 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 2,983 |
| Max Price | US$145.44 |
Ownership Breakdown
Management Team
Gina Beredo (44yo)
Executive VP
- Tenure: 1.7yrs
Greg Merk (48yo)
Executive Vice President
- Tenure: 6.6yrs
- Compensation: $1.53m
Mike Hilton (65yo)
Senior Advisor
- Compensation: $7.00m
Jeff Pembroke (52yo)
Executive Vice President
- Tenure: 4.6yrs
- Compensation: $1.55m
Naga Nagarajan (56yo)
President & CEO
Anne Pombier
Vice President of Corporate Development
- Tenure: 9.6yrs
Shelly Peet (54yo)
Executive Vice President of Human Resources & Information Systems
- Tenure: 15.9yrs
Lara Mahoney
Vice President of Investor Relations & Corporate Communications
- Tenure: 1.3yrs
Greg Thaxton (58yo)
Executive VP & CFO
- Tenure: 11.6yrs
- Compensation: $1.96m
John Keane (58yo)
Executive Vice President
- Tenure: 7.6yrs
- Compensation: $1.85m
Board Members
Joe Keithley (70yo)
Director
- Tenure: 18.1yrs
- Compensation: $289.28k
Art George (57yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: $218.11k
Mike Hilton (65yo)
Senior Advisor
- Tenure: 9.6yrs
- Compensation: $7.00m
Randy Carson (68yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: $221.08k
Frank Jaehnert (62yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: $221.35k
Lee Banks (56yo)
Independent Director
- Tenure: 9.5yrs
- Compensation: $211.29k
Mary Puma (61yo)
Independent Director
- Tenure: 18.1yrs
- Compensation: $219.36k
Vic Richey (62yo)
Independent Director
- Tenure: 9.5yrs
- Compensation: $232.33k
Mike Merriman (63yo)
Chairman
- Tenure: 1.5yrs
- Compensation: $288.01k
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$7.861b
- Shares outstanding: 57.45m
- Website: Click here
Number of Employees
Location
- Nordson Corporation
- 28601 Clemens Road
- Westlake
- Ohio
- 44145
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NDSN | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Dec 1979 |
| ND1 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 1979 |
Biography
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. Its Adhesive ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/17 23:47 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/04/30 |
| Annual Earnings | 2018/10/31 |
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.