QualityDipStocks / Industrials · Industrial machinery
Nordson NDSN
Outside our quality screen, so we don’t track its dips. It’s 4% below its 52-week high.
Outside our quality screen, trading well above our fair value estimate.
- Fair value est.
- $204.77−37%
- Market Value
- $323.89at the price
- Off 52-wk high
- −4%
- Risk vs market
- Below marketbeta 0.88
4 bullish · 5 bearish See why
Key levels
Every level vs today’s $322.67
- Fair value est.base case$204.77−36.5%
- 52-wk lowlowest close, 1 year$226.69−29.7%
- PriceFri Oct 30 close$322.67you are here
- Market Valueavg paid since Aug 19$323.89+0.4%
- 52-wk highhighest close, 1 year$334.70+3.7%
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.0% ±2 points. Bear = 10.5% and 1.0%; bull = 8.5% and 5.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is above even the bull case.
What the price implies To be worth today’s price, NDSN’s free cash flow would need to grow about 11% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much NDSN moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves a bit less than the market, and its own price swings are 1.7× the S&P 500’s.
- Beta vs S&P 500
- 0.88
- Volatility
- 22% vs 13% SPY
- Correlation SPY
- 0.50
- Correlation QQQ
- 0.43
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
ProfitabilityOperating margin of 27% over the last 12 months.
Cash returnsFree cash flow grew 33% over the last 12 months vs the 12 months before.
ProfitabilityReturn on equity of 18% over the last 12 months.
ProfitabilityGross margin of 55%, above the 35% median for the 114 Industrials companies we cover.
Top bearish points 5 of 5
ValuationOur DCF fair value estimate is $204.77, 37% below the price.
ValuationEV/EBITDA of 22.7×, above the 16.6× median for the 96 Industrials companies we cover.
ValuationP/E of 32.6×, above the 27.5× median for the 130 Industrials companies we cover.
GrowthSales grew 7.0% over the last 12 months, below the 9.3% median for the 147 Industrials companies we cover.
GrowthSales grew 2.5% a year over the last three fiscal years, below the 4.5% median for the 146 Industrials companies we cover.
Who’s talking about it
Notable investors, executives, analysts and public figures on Nordson in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Industrial machinery
All fundamentals
P/E 32.6 · FCF yield 4.0% · ROE 18%
Valuation
- P/E
- 32.6×Industrials median 27.5×
- Price / FCF
- 25.0×
- FCF yield
- 4.0%
- EV / EBITDA
- 22.7×
- Price / sales
- 6.07×
- Price / book
- 5.53×
- Market cap
- $18.1Bprice × diluted shares
- Enterprise value
- $19.9B
Growth
- Revenue, 12 months
- $3.0B
- Sales growth, 12 months
- +7.0%vs the 12 months before
- Sales growth, 3 yrs
- +2.5%/yrfrom FY2022
- Diluted EPS, 12 months
- $9.88
- EPS growth, last FY
- +4.9%
- Net income, 12 months
- $555M
- Net income growth
- +22%12 months vs before
Profitability
- Gross margin
- 55.3%
- Operating margin
- 26.9%
- Net margin
- 18.6%
- FCF margin
- 24.3%
- Return on equity
- 18%
- Return on invested capital
- 13%
Balance sheet
- Cash & short-term inv.
- $113M
- Total debt
- $1.9B
- Net cash
- −$1.8B
- Debt / equity
- 0.59×
- Interest coverage
- 8.8×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $724M
- FCF growth, 12 months
- +33%
- Dividend yield
- 1.01%$183M paid
- Payout ratio
- 33%
- Buybacks, 12 months
- $247M1.4% of market cap
- Share count, 1 year
- −1.2%diluted shares vs a year ago
- Stock-based comp
- $23M
Trailing 12 months to Jul 31, 2026; balance sheet at Jul 31, 2026. From Nordson’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $204.77 · MV $323.89 · FCF value $268.89
Assumes 3.0% growth for 5 years (revenue grew 2.5% a year FY22–FY25; floored at 3%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $12.92 a share (trailing 12 months to Jul 31, 2026), from the 10-Q filed Aug 20, 2026. Net debt $1.8B, not deducted.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 48 · 5 days +1.2%
The business
FCF $0.6B · Sales +10%
- Free cash flow, 12 months$0.6B
- Free-cash-flow yield3.3%
- Free-cash-flow margin21%
- Gross margin55%
- Operating margin27%
- Return on invested capital13%
- Return on equity18%
- Sales growth (latest quarter vs year-ago quarter)+10%
- Net debt / EBITDA1.8×
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
NDSN is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.