Nordson Corporation Stock Fair Value Calculation – NORDSON CORPORATION Reports Third Quarter FY2023 Earnings Results on August 21st
August 25, 2023
🌥️Earnings Overview
On August 21 2023, NORDSON CORPORATION ($NASDAQ:NDSN) reported their financial results for the third quarter of FY2023 (ending July 31 2023). Total revenue for the quarter was USD 648.7 million, 2.0% lower than the same period in the previous year. Net income also decreased by 9.8%, amounting to USD 127.9 million.
Stock Price
At the opening of the stock market on the same day, NORDSON CORPORATION stock opened at $231.6 and closed at $230.7, 0.7% down from its last closing price of $232.3. The company expects to deliver sustained revenue growth and margin expansion for the full year despite an uncertain macroeconomic environment. In addition, the company is dedicated to returning capital to shareholders by pursuing a balanced approach between share repurchases and dividend payments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nordson Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.59k | 500.96 | 19.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nordson Corporation. More…
| Operations | Investing | Financing |
| 651.51 | -414.19 | -223.66 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nordson Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.2k | 1.62k | 43.81 |
Key Ratios Snapshot
Some of the financial key ratios for Nordson Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.5% | 13.8% | 25.8% |
| FCF Margin | ROE | ROA |
| 23.7% | 16.7% | 10.0% |
Analysis – Nordson Corporation Stock Fair Value Calculation
GoodWhale recently performed an analysis on NORDSON CORPORATION‘s wellbeing. After careful examination of the company’s fundamentals and financials, we have come to the conclusion that its fair value is around $242.1. This number was calculated using our proprietary Valuation Line, which takes into consideration many factors such as stock price, comparative ratios, balance sheets, etc. At the present moment, NORDSON CORPORATION’s stock is traded at $230.7, which indicates that it is undervalued by 4.7%. This could be a great opportunity for investors who wish to invest in a company with great potential. More…
Peers
Nordson serves a wide variety of markets, including packaging, adhesive and sealant, medical, electronics, transportation, construction, and general assembly and finishing. The company has over 4,000 employees in 30 countries. Nordson’s products are sold through a direct sales force and a network of authorized distributors. Nordson is a publicly traded company on the NASDAQ Global Market under the symbol “NDSN”.
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Summary
Investors may be wary of the recent financial report from NORDSON CORPORATION for the third quarter of FY2023. Revenue decreased by 2.0%, and net income dropped 9.8%, to a total of USD 648.7 million and USD 127.9 million, respectively. Such a decrease in profits could potentially lead to shareholders losing confidence in the company and its investment potential. Therefore, it is important for investors to thoroughly analyze the company’s performance before making any decisions to invest in NORDSON CORPORATION.
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