Financials Nordson Corporation

Equities

NDSN

US6556631025

Industrial Machinery & Equipment

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
260.4 USD +0.28% Intraday chart for Nordson Corporation +0.31% -1.42%

Valuation

Fiscal Period: oktober 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,015 11,226 14,773 12,872 12,121 14,893 - -
Enterprise Value (EV) 1 10,108 12,123 15,289 13,447 13,742 16,115 15,725 15,773
P/E ratio 27.1 x 45.3 x 32.8 x 25.5 x 25.1 x 28.5 x 25.4 x 23.2 x
Yield 0.91% 0.79% 0.66% 0.97% - 1.06% 1.13% 1.24%
Capitalization / Revenue 4.11 x 5.29 x 6.25 x 4.97 x 4.61 x 5.38 x 5.12 x 4.82 x
EV / Revenue 4.61 x 5.72 x 6.47 x 5.19 x 5.23 x 5.82 x 5.41 x 5.1 x
EV / EBITDA 17.2 x 21.4 x 21.3 x 16.7 x 16.8 x 18.4 x 16.8 x 15.7 x
EV / FCF 31.6 x 26.8 x 30.1 x 29.1 x 22.7 x 25.8 x 23.3 x 22.1 x
FCF Yield 3.17% 3.73% 3.32% 3.43% 4.41% 3.87% 4.29% 4.52%
Price to Book 5.77 x 6.43 x 6.92 x 5.71 x 4.72 x 5.01 x 4.29 x 3.77 x
Nbr of stocks (in thousands) 57,490 58,035 58,115 57,211 57,014 57,192 - -
Reference price 2 156.8 193.4 254.2 225.0 212.6 260.4 260.4 260.4
Announcement Date 12/11/19 12/15/20 12/15/21 12/14/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,194 2,121 2,362 2,590 2,629 2,767 2,909 3,092
EBITDA 1 587.2 566.9 719 807.2 819 877.1 934.2 1,008
EBIT 1 476.9 453.6 615.1 707.3 707.1 743.9 808.7 873.4
Operating Margin 21.74% 21.39% 26.04% 27.31% 26.9% 26.89% 27.8% 28.25%
Earnings before Tax (EBT) 1 431.1 301.5 574.2 649.3 615.3 667.4 744.6 804.7
Net income 1 337.1 249.5 454.4 513.1 487.5 523 592.4 635.7
Net margin 15.36% 11.76% 19.23% 19.81% 18.55% 18.9% 20.37% 20.56%
EPS 2 5.790 4.270 7.740 8.810 8.460 9.138 10.26 11.24
Free Cash Flow 1 319.9 451.9 507.6 461.7 606.7 624.2 674.8 712.3
FCF margin 14.58% 21.3% 21.49% 17.82% 23.08% 22.56% 23.2% 23.04%
FCF Conversion (EBITDA) 54.49% 79.71% 70.6% 57.2% 74.08% 71.16% 72.23% 70.69%
FCF Conversion (Net income) 94.91% 181.09% 111.72% 89.98% 124.45% 119.33% 113.9% 112.05%
Dividend per Share 2 1.430 1.530 1.690 2.180 - 2.759 2.940 3.225
Announcement Date 12/11/19 12/15/20 12/15/21 12/14/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 599.2 609.2 635.4 662.1 683.6 610.5 650.2 648.7 719.3 633.2 665.1 708 766.8 656.6 695.6
EBITDA 1 177.1 182.8 208.9 213.2 202.3 180.9 203 207.9 227.1 196.5 203.6 231.6 247.6 204.2 217.7
EBIT 1 151.4 157.4 184 188.3 177.6 154.5 175.9 180.8 195.8 163 169.9 198 216.1 173.5 185.8
Operating Margin 25.27% 25.84% 28.95% 28.44% 25.98% 25.31% 27.06% 27.87% 27.23% 25.74% 25.54% 27.96% 28.18% 26.42% 26.72%
Earnings before Tax (EBT) 1 140.1 152 139.3 180.5 177.5 131.1 161.6 162.1 160.6 138.7 149.9 179.7 198 158.5 170
Net income 1 110.5 120.4 109.6 141.8 141.2 104.3 127.6 127.9 127.8 109.6 117.4 141.6 155.2 124.2 133.4
Net margin 18.43% 19.77% 17.25% 21.42% 20.66% 17.08% 19.62% 19.72% 17.76% 17.3% 17.65% 19.99% 20.24% 18.91% 19.17%
EPS 2 1.880 2.050 1.880 2.450 2.440 1.810 2.210 2.220 2.220 1.900 2.055 2.465 2.745 2.160 2.320
Dividend per Share 2 0.5200 0.5100 0.5100 0.5100 0.6500 0.6500 0.6500 - - 0.6800 0.6800 0.6800 0.7133 0.6900 0.6900
Announcement Date 12/15/21 2/22/22 5/23/22 8/22/22 12/14/22 2/20/23 5/22/23 8/21/23 12/13/23 2/21/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,093 898 516 574 1,621 1,222 832 880
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.861 x 1.583 x 0.7175 x 0.7116 x 1.98 x 1.394 x 0.8904 x 0.8733 x
Free Cash Flow 1 320 452 508 462 607 624 675 712
ROE (net income / shareholders' equity) 23% 19.2% 23.2% 24.7% 19.9% 19.1% 18.4% 18.2%
ROA (Net income/ Total Assets) 9.72% 6.94% 12.2% 14.4% 10.7% 9.2% 9.7% 10.1%
Assets 1 3,469 3,596 3,733 3,553 4,536 5,685 6,108 6,294
Book Value Per Share 2 27.20 30.10 36.80 39.40 45.10 52.00 60.60 69.10
Cash Flow per Share - 8.590 9.290 8.810 11.10 - - -
Capex 1 64.2 50.5 38.3 51.4 34.6 45.2 48.3 52.8
Capex / Sales 2.93% 2.38% 1.62% 1.99% 1.32% 1.63% 1.66% 1.71%
Announcement Date 12/11/19 12/15/20 12/15/21 12/14/22 12/13/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
260.4 USD
Average target price
284.7 USD
Spread / Average Target
+9.34%
Consensus
  1. Stock Market
  2. Equities
  3. NDSN Stock
  4. Financials Nordson Corporation