Nordson Corporation (NDSN): Price and Financial Metrics

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NDSN Price/Volume Stats

Nordson Corporation (NDSN) Company Bio

Nordson Corporation engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, serving a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. The company was founded in 1935 and is based in Westlake, Ohio.

NDSN Price Forecast Based on DCF Valuation

Below please find a table outlining a discounted cash flow forecast for NDSN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Nordson Corp ranked in the 42th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Nordson Corp ended up being:

• NDSN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 35.45% of tickers in our DCF set.
• Nordson Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 12.45. This coverage rate is greater than that of 77.31% of stocks we're observing for the purpose of forecasting via discounted cash flows.
• Relative to other stocks in its sector (Industrials), Nordson Corp has a reliance on debt greater than only 23.81% of them.

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NDSN, try CLH, DXPE, CMI, ENR, and ETN.