Nitto Denko Corp ADR NDEKY

Morningstar Rating
$22.55 +0.06 (0.24%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NDEKY is trading at a LOCK|kQ!c premium.
Price
$22.49
Fair Value
LOCK|.@$Ss?R!
Uncertainty
LOCK|NTtm
1-Star Price
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5-Star Price
LOCK|.$sYP^%
Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$22.49
Day Range
$22.40–23.23
52-Week Range
$17.75–26.48
Bid/Ask
$17.97 / $24.58
Shares Outstanding
661.52M
Market Cap
$15.19B
Volume/Avg
172,869 / 51,546

Key Statistics

Price/Earnings (Normalized)
17.20
Price/Sales
2.23
Dividend Yield (Trailing)
1.68%
Dividend Yield (Forward)
1.68%
Dividend Payment Schedule
Jul, Dec
Total Yield
4.40%

Company Profile

Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Large Core
Total Number of Employees
28,160

Competitors

Valuation

Metric
NDEKY
DD
MMM
Price/Earnings (Normalized)
17.2015.8918.91
Price/Book Value
2.111.2728.28
Price/Sales
2.232.743.43
Price/Cash Flow
11.3036.5615.71
Price/Earnings
NDEKY
DD
MMM

Financial Strength

Metric
NDEKY
DD
MMM
Quick Ratio
2.701.740.64
Current Ratio
3.532.431.24
Interest Coverage
89.860.745.27
Quick Ratio
NDEKY
DD
MMM

Profitability

Metric
NDEKY
DD
MMM
Return on Assets (Normalized)
—4.09%12.41%
Return on Equity (Normalized)
—6.47%114.92%
Return on Invested Capital (Normalized)
—5.40%30.04%
Return on Assets
NDEKY
DD
MMM

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