Nordson Corporation Stock Intrinsic Value – NORDSON CORPORATION Reports Third Quarter Fiscal Year 2023 Earnings Results
August 30, 2023
🌥️Earnings Overview
Nordson Corporation ($NASDAQ:NDSN) announced its financial results for the third quarter of fiscal 2023, ending on July 31, 2023. There was a total revenue of USD 648.7 million, a 2.0% decline from the same quarter of the prior year. Net income for the period was reported as USD 127.9 million, a 9.8% decrease from the preceding year.
Share Price
On Monday, NORDSON CORPORATION reported their earnings results for the third quarter of fiscal year 2023. The company’s stock opened at 231.6 and closed at 230.7, down 0.7% from its previous closing price of 232.3. This was primarily driven by higher sales, driven in part by the successful launch of several new products during the period.
This was driven by improved operational efficiency and cost control measures that allowed for greater profits in the quarter. This reflects continued demand for their products and services, which is expected to support their continued growth in the quarters ahead. 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 Intrinsic Value
At GoodWhale, we conducted an analysis of NORDSON CORPORATION‘s wellbeing. Our proprietary Valuation Line gave the fair value of NORDSON CORPORATION share at around $240.9. Currently, the stock is trading at $230.7, which is around 4.2% lower than our valuation. Therefore, although the stock may be considered undervalued, it appears to be fairly priced. 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
Nordson Corporation has recently reported its financial results for the third quarter of the 2023 fiscal year. Total revenue was reported as USD 648.7 million, a 2.0% decrease from the prior year. Net income also decreased 9.8% to USD 127.9 million.
Investors should take into account these figures when making an investing decision in the company. Analysts will be closely monitoring the company’s performance going forward, to see if it can return to profitable growth and maximize shareholder value.
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