Nordson Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 43.31
Dividend & Yield2.60$ (1.12%)
Beta 0.92
Market capitalization 13.2B
Operating cash flow 510.16M
ESG Scores 26.7

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.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.88
Working Capital0.63
Return On Equity0.21
Debt To Equity0.36
Fixed Asset Ratio0.11
Fixed Interest Cover23.88

Financial data

Financial Statements

Cashflow Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Change To Liabilities 2.38M 2.85M -11.29M 56.94M
Total Cashflows From Investing Activities -139.92M -76.29M -194.11M -33.17M
Net Borrowings -274.22M -72.7M -161.42M -296.04M
Total Cash From Financing Activities -353.69M -251.07M -251.53M -422.91M
Change To Operating Activities 12.46M -16.05M 8.34M 27.72M
Issuance Of Stock 18.81M 26.02M 50.85M 31.78M
Net Income 377.38M 337.09M 249.54M 454.37M
Change In Cash 5.29M 55.49M 57.13M 91.68M
Effect Of Exchange Rate -5.74M -44k 346k 1.83M
Total Cash From Operating Activities 504.64M 382.89M 502.42M 545.93M
Depreciation 108.41M 110.24M 113.3M 103.88M
Change To Account Receivables 10.24M -39.99M 50.1M -13.72M
Other Cashflows From Financing Activities -1.83M -1.74M
Change To Netincome -9.03M 15.7M 94.47M -41.34M
Capital Expenditures -89.79M -64.24M -50.53M -38.3M

Income Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Research Development
Income Before Tax 448.52M 431.1M 301.49M 574.18M
Net Income 377.38M 337.09M 249.54M 454.37M
Selling General Administrative 738.23M 712.53M 703.6M 715.3M
Gross Profit 1.24B 1.19B 1.13B 1.32B
Ebit 498.09M 479.57M 426.87M 608.78M
Operating Income 498.09M 479.57M 426.87M 608.78M
Interest Expense -49.58M -47.15M -32.16M -25.49M
Income Tax Expense 71.14M 94.01M 51.95M 119.81M
Total Revenue 2.25B 2.19B 2.12B 2.36B
Cost Of Revenue 1.02B 1B 990.63M 1.04B
Total Other Income ExpenseNet -49.58M -48.46M -125.38M -34.6M
Net Income From Continuing Ops 377.38M 337.09M 249.54M 454.37M
Net Income Applicable To Common Shares 377.38M 337.09M 249.54M 454.37M

Balance Sheet Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Total Liabilities 1.97B 1.94B 1.92B 1.63B
Total Stockholder Equity 1.45B 1.58B 1.76B 2.16B
Other Current Liabilities 70.51M 67.74M 63.31M 94.5M
Total Assets 3.42B 3.52B 3.67B 3.79B
Common Stock 12.25M 12.25M 12.25M 12.25M
Other Current Assets 5.04M 22.32M 2.75M
Retained Earnings 2.49B 2.75B 2.91B 3.27B
Treasury Stock -1.5B -1.66B -1.7B -1.7B
Cash 95.68M 151.16M 208.29M 299.97M
Total Current Liabilities 350.28M 477.63M 363.09M 445.39M
Other Stockholder Equity -179.31M -231.88M -226.12M -175.84M
Property, Plant, and Equipment 386.67M 398.89M 480.74M 466.42M
Total Current Assets 884.1M 1.01B 1.02B 1.16B
Net Tangible Assets -657.02M -479.27M -361.95M 88.61M
Net Receivables 491.42M 530.76M 469.17M 486.63M
Accounts Payable 83.59M 85.14M 70.95M 91.69M


Insider Transactions

Here are the insider transactions of stock shares related to Nordson Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LOVASS STEPHEN PConversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Officer1.78k
PEET SHELLY MConversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Officer1.78k
NAGARAJAN SUNDARAMConversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Chief Executive Officer5.09k
DEVRIES JAMES E.Conversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Officer1.78k
PEMBROKE JEFFREY AConversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Officer2.55k
SUBRAMANIAN SRINIVASConversion of Exercise of derivative security at price 234.40 per share.D2022-11-23Officer510
MERRIMAN MICHAEL J JRStock Award(Grant) at price 225.93 per share.D2022-11-01Director730
JAEHNERT FRANK MStock Award(Grant) at price 225.93 per share.D2022-11-01Director730
RICHEY VICTOR L JRStock Award(Grant) at price 225.93 per share.D2022-11-01Director730
PUMA MARY GStock Award(Grant) at price 225.93 per share.D2022-11-01Director730
JONES GINGER M.Stock Award(Grant) at price 225.93 per share.D2022-11-01Director730
DEFORD JOHN AStock Award(Grant) at price 225.00 - 225.93 per share.D2022-11-01Director830
MORRIS MILTON MAYO PH.D.Stock Award(Grant) at price 225.93 per share.D2022-11-01Director730
PARMENTIER JENNIFER AStock Award(Grant) at price 225.93 per share.D2022-11-01Director730
SUBRAMANIAN SRINIVASSale at price 217.48 per share.D2022-10-24Officer1.48k
SUBRAMANIAN SRINIVASConversion of Exercise of derivative security at price 61.59 per share.D2022-10-24Officer1.48k
DEVRIES JAMES E.Sale at price 218.42 per share.D2022-10-03Officer4.5k
DEVRIES JAMES E.Conversion of Exercise of derivative security at price 61.59 per share.D2022-10-03Officer4.5k
MORRIS MILTON MAYO PH.D.Stock Award(Grant) at price 223.02 per share.D2022-09-15Director78
LOVASS STEPHEN PStock Award(Grant) at price 230.50 per share.D2022-08-01Officer202
SUBRAMANIAN SRINIVASStock Award(Grant) at price 230.50 per share.D2022-08-01Officer95
DEFORD JOHN AStock Award(Grant) at price 230.99 per share.D2022-07-29Director97
PEET SHELLY MStock Gift at price 197.99 - 214.66 per share.D2022-07-19Officer133
DEFORD JOHN AStock Award(Grant) at price 215.69 per share.D2022-04-29Director104
DEFORD JOHN AStock Award(Grant) at price 232.54 per share.D2022-01-31Director96
LOVASS STEPHEN PStock Award(Grant) at price 267.51 per share.D2021-11-22Officer566
MERK GREGORY PStock Award(Grant) at price 267.51 per share.D2021-11-22Officer797
PEET SHELLY MStock Award(Grant) at price 267.51 per share.D2021-11-22Officer545
NAGARAJAN SUNDARAMStock Award(Grant) at price 267.51 per share.D2021-11-22Chief Executive Officer3.8k
MCDONOUGH JENNIFER LStock Award(Grant) at price 267.51 per share.D2021-11-22General Counsel487
DEVRIES JAMES E.Stock Award(Grant) at price 267.51 per share.D2021-11-22Officer545
KELLEY JOSEPH PStock Award(Grant) at price 267.51 per share.D2021-11-22Chief Financial Officer1.09k
PEMBROKE JEFFREY AStock Award(Grant) at price 267.51 per share.D2021-11-22Officer881
MCDONOUGH JENNIFER LStock Award(Grant) at price 262.08 per share.D2021-11-08General Counsel1.26k
MERRIMAN MICHAEL J JRStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
JAEHNERT FRANK MStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
RICHEY VICTOR L JRStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
PUMA MARY GStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
GEORGE ARTHUR L JRStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
JONES GINGER M.Stock Award(Grant) at price 238.43 per share.D2021-11-01Director608
DEFORD JOHN AStock Award(Grant) at price 238.43 - 254.21 per share.D2021-11-01Director687
PARMENTIER JENNIFER AStock Award(Grant) at price 238.43 per share.D2021-11-01Director608
PEET SHELLY MStock Gift at price 222.25 - 241.45 per share.D2021-09-03Officer72
DEVRIES JAMES E.Sale at price 237.02 per share.D2021-09-01Officer6k
DEVRIES JAMES E.Conversion of Exercise of derivative security at price 43.73 per share.D2021-09-01Officer6k
PEMBROKE JEFFREY ASale at price 240.95 per share.D2021-09-01Officer2k
PEMBROKE JEFFREY AConversion of Exercise of derivative security at price 79.66 per share.D2021-09-01Officer2k
DEFORD JOHN AStock Award(Grant) at price 226.13 per share.D2021-07-30Director88
MERK GREGORY PSale at price 225.00 per share.I2021-07-29Officer9.55k
MERK GREGORY PSale at price 225.00 per share.I2021-07-26Officer450
MERK GREGORY PSale at price 221.39 per share.D2021-06-29Officer1.2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Nordson Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Nordson Corp

Here is the result of two systematic investment strategies applied to Nordson Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Nordson Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Nordson Corp:

Nordson Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 51.84% on the backtest period.

Performance at glance

Performance

51.84 %

Latent gain

1165.73 $

Invested capital

2248.73 $

Annualized return

12.52 %
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Momentum strategy results on Nordson Corp

This is the result of two momentum investment strategies applied to Nordson Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Nordson Corp

The following chart shows all the entries opened by the momentum investment system on Nordson Corp:

Nordson Corp momentum entries
  • The first momentum investment strategy would give 58.82% of return on Nordson Corp. That represents 2800.13$ of latent gain with 4760.46$ of employed capital.
  • The second momentum investment strategy would give 58.16% of return on Nordson Corp. That represents 1793.72$ of latent gain with 3084.08$ of employed capital.
Performance at glance (1Q Momentum)

Performance

58.82 %

Latent gain

2800.13 $

Invested capital

4760.46 $

Annualized return

18.85 %
Performance at glance (2Q Momentum)

Performance

58.16 %

Latent gain

1793.72 $

Invested capital

3084.08 $

Annualized return

15.89 %

Momentum equity curve on Nordson Corp

The following chart shows the equity curve of the two momentum strategies applied to Nordson Corp:

Nordson Corp momentum equity

Note: the dividends potentially given by Nordson Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nordson Corp

The following chart shows the employed capital evolution of the two momentum strategies on Nordson Corp since the beginning:

Nordson Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Nordson Corp

Buy the dip entry openings on Nordson Corp

Nordson Corp

The performance achieved by the robo-advisor on Nordson Corp is 40.33%. That represents 560.73$ of latent gain with 1390.39$ of employed capital. The following chart shows Nordson Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Nordson Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

40.33 %

Latent gain

560.73 $

Invested capital

1390.39 $

Annualized return

18.85 %

Equity curve of the strategy applied to Nordson Corp

The following chart shows the result of the investment strategy applied to Nordson Corp:

Nordson Corp

Note: the dividends potentially given by Nordson Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nordson Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Nordson Corp:

Nordson Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Nordson Corp

In this section, I will compare the three previous investment strategies applied to Nordson Corp.

Equity curve comparison on Nordson Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Nordson Corp investment strategy comparison

Employed capital comparison on Nordson Corp

Nordson Corp investment comparison

Performance comparison on Nordson Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 51.84% 1165.73$ 2248.73$ 12.52%
Momentum 1 quarter 58.82% 2800.13$ 4760.46$ 15.08%
Momentum 2 quarters 58.16% 1793.72$ 3084.08$ 15.89%
Non-directional 40.33% 560.73$ 1390.39$ 18.85%
Annualized return comparison

Automatic investment

12.52 %

Momentum 1Q

15.89 %

Momentum 2Q

15.89 %

Non-directional

18.85 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Nordson Corp:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • TOPSTANDARDCORP

  • Note: The algorithm computes the probability of correlation between Nordson Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Nordson Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Nordson Corp
    Country United States
    City Westlake
    Address 28601 Clemens Road
    Phone 440 892 1580
    Website www.nordson.com
    FullTime employees 7200
    Industry Specialty Industrial Machinery
    Sector Industrials
    Exchange XNAS
    Ticker NDSN
    Market www.nasdaq.com

    Nordson Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 9.3
    Peer Environment Performance 7.0942307692308
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 11.8
    Peer Social Performance 11.474038461538
    Social Percentile unknown
    Highest Controversy 1
    Peer Highest Controversy Performance 1.4423076923077
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy: Employee IncidentsBusiness Ethics Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 5.6
    Peer Governance Performance 7.3626923076923
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 26.7
    Environment Score: 9.3
    Social Score: 11.8
    Governance Score: 5.6

    ESG Performance: AVG_PERF

    Peer Group: Machinery

    Peer Esg Score Performance: 25.930769230769

    Rating Year: 2022

    Rating Month: 8

    Max Age: 86400

    Percentile: 51