1.78%
0.43%
-15.71%
-12.96%
-18.20%
-3.21%
63.25%

Company Description

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 through two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS).The IPS segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic melt stream; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods, as well as for the assembly of plastic, metal, and wood products.


It also offers automated and manual dispensing products and systems to apply adhesive and sealant materials; dispensing and curing systems to coat and cure containers; systems to apply liquid paints and coatings to consumer and industrial products; and systems to apply powder paints and coatings to metal, plastic, and wood products, as well as ultraviolet equipment for use in curing and drying operations for specialty coatings, semiconductor materials, and paints.The ATS segment provides automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; precision manual and semi-automated dispensers, minimally invasive interventional delivery devices, plastic molded syringes, cartridges, tips, fluid connection components, tubing, balloons, and catheters; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries.The company markets its products through direct sales force, as well as distributors and sales representatives.


Nordson Corporation was founded in 1935 and is headquartered in Westlake, Ohio.

Market Data

Last Price 215.31
Change Percentage 1.78%
Open 211
Previous Close 211.54
Market Cap ( Millions) 12254
Volume 398741
Year High 279.38
Year Low 196.83
M A 50 213.32
M A 200 236.93

Financial Ratios

FCF Yield 3.79%
Dividend Yield 1.04%
ROE 15.80%
Debt / Equity 79.79%
Net Debt / EBIDTA 271.50%
Price To Book 4.28
Price Earnings Ratio 27.19
Price To FCF 26.37
Price To sales 4.59
EV / EBITDA 18.08

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Industrial Precision Solutions

Expected Growth : 2.5 %

What the company do ?

Industrial Precision Solutions from Nordson Corporation provides high-precision dispensing and coating solutions for various industries, including electronics, medical, and automotive.

Why we expect these perspectives ?

Nordson Corporation's Industrial Precision Solutions segment growth of 2.5% is driven by increasing demand for precision dispensing and conformal coating solutions in the electronics and industrial manufacturing industries, as well as the company's strategic acquisitions and investments in emerging technologies such as 3D printing and robotics.

Segment nΒ°2 -> Medical and Fluid Solutions

Expected Growth : 2.8 %

What the company do ?

Medical and Fluid Solutions from Nordson Corporation provides precision dispensing and bonding solutions for medical devices, fluid management, and biopharmaceutical applications.

Why we expect these perspectives ?

Nordson Corporation's Medical and Fluid Solutions segment growth of 2.8% is driven by increasing demand for precision dispensing and fluid management solutions in the medical device and biopharmaceutical industries, as well as growth in the industrial manufacturing sector.

Segment nΒ°3 -> Advanced Technology Solutions

Expected Growth : 3.2 %

What the company do ?

Advanced Technology Solutions from Nordson Corporation provides precision dispensing and conformal coating solutions for electronics, medical, and industrial applications.

Why we expect these perspectives ?

Nordson's Advanced Technology Solutions segment growth of 3.2% is driven by increasing demand for precision dispensing and conformal coating solutions in the electronics industry, as well as growing adoption of industrial automation and robotics. Additionally, the segment benefits from Nordson's strong brand reputation, innovative product offerings, and strategic acquisitions.

Nordson Corporation Products

Product Range What is it ?
Adhesive Dispensing Systems Nordson's adhesive dispensing systems provide precise and consistent application of adhesives, sealants, and lubricants in various industries such as automotive, aerospace, and consumer goods.
Coating Systems Nordson's coating systems provide precise and consistent application of coatings, paints, and inks in various industries such as automotive, aerospace, and industrial manufacturing.
Industrial Coating Systems Nordson's industrial coating systems provide precise and consistent application of coatings, paints, and inks in various industries such as industrial manufacturing, energy, and construction.
Plasma Treatment Systems Nordson's plasma treatment systems provide surface modification and cleaning solutions for various industries such as medical, aerospace, and industrial manufacturing.
Precision Dispensing Systems Nordson's precision dispensing systems provide precise and consistent application of adhesives, sealants, and lubricants in various industries such as automotive, aerospace, and consumer goods.
UV Curing Systems Nordson's UV curing systems provide high-intensity ultraviolet light for curing inks, coatings, and adhesives in various industries such as printing, packaging, and industrial manufacturing.
X-ray Inspection Systems Nordson's X-ray inspection systems provide non-destructive testing and inspection solutions for various industries such as aerospace, automotive, and industrial manufacturing.

Nordson Corporation's Porter Forces

Nordson Corporation operates in a niche market with specialized products, reducing the threat of substitutes. However, the company's products are not entirely unique, and some customers may find alternative solutions.

Nordson Corporation's customers are diverse and fragmented, reducing their bargaining power. The company's products are often critical to its customers' operations, making it difficult for customers to negotiate prices or switch suppliers.

Nordson Corporation relies on a few key suppliers for critical components, giving them some bargaining power. However, the company's size and diversified supply chain mitigate this risk.

The barriers to entry in Nordson Corporation's markets are relatively high, including significant capital expenditures and technical expertise. This reduces the threat of new entrants.

Nordson Corporation operates in a competitive market with several established players, leading to a high intensity of rivalry. The company must continually innovate and improve its products to maintain its market position.

Capital Structure

Value
Debt Weight 40.07%
Debt Cost 4.13%
Equity Weight 59.93%
Equity Cost 8.95%
WACC 7.02%
Leverage 66.86%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
ITT ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, …
IEX IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified …
FLS Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve …
FELE Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The …
WTS Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
215.31$
Current Price
215.31$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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