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Nordson Corp NDSN

Morningstar Rating
$260.40 +0.74 (0.29%)
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Company Report

We Expect Nordson To Deliver Strong Long-Term Organic Growth Fueled by Advanced Technology Solutions

Nordson is a leading manufacturer of equipment used for dispensing adhesives, coatings, sealants, and other materials. The company enjoys strong market share across its business lines, and its products are often used in niche applications where competition is limited. Nordson differentiates itself by offering highly engineered and customizable solutions which perform a mission-critical role in a customer’s manufacturing process.

Price vs Fair Value

NDSN is trading within a range we consider fairly valued.
Price
$260.52
Fair Value
$477.00
Uncertainty
Medium
1-Star Price
$274.00
5-Star Price
$163.00
Economic Moat
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Capital Allocation
Wbpzbmtb

Bulls Say, Bears Say

Bulls

Nordson is poised to benefit from innovation in its end markets, including autonomous vehicles, 5G, and 3D wafer stacking, as new technologies drive demand for the firm's dispensing solutions.

Bears

The company regularly invests in M&A to boost revenue growth, which creates the risk of overpaying for acquisition targets.

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News

Trading Information

Previous Close Price
$259.66
Day Range
$259.01261.88
52-Week Range
$208.91278.00
Bid/Ask
$104.42 / $417.68
Market Cap
$14.89 Bil
Volume/Avg
165,646 / 209,465

Key Statistics

Price/Earnings (Normalized)
28.05
Price/Sales
5.66
Dividend Yield (Trailing)
1.03%
Dividend Yield (Forward)
1.04%
Total Yield
1.46%

Company Profile

Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson’s business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Mid Growth
Total Number of Employees
7,900

Competitors

Valuation

Metric
NDSN
GGG
IEX
Price/Earnings (Normalized)
28.0527.8528.04
Price/Book Value
5.466.004.71
Price/Sales
5.666.645.28
Price/Cash Flow
21.7222.1925.49
Price/Earnings
NDSN
GGG
IEX

Financial Strength

Metric
NDSN
GGG
IEX
Quick Ratio
1.222.262.29
Current Ratio
2.193.463.37
Interest Coverage
9.80118.2816.31
Quick Ratio
NDSN
GGG
IEX

Profitability

Metric
NDSN
GGG
IEX
Return on Assets (Normalized)
11.57%18.98%10.56%
Return on Equity (Normalized)
20.84%23.50%17.83%
Return on Invested Capital (Normalized)
14.98%22.73%13.20%
Return on Assets
NDSN
GGG
IEX
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