| Company name | Nordson Corporation |
| Stock ticker | NDSN |
| Live stock price | [stckqut]NDSN[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Fair |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $74.06 |
| Target stock price (averages with growth) | $76.5 |
| Target stock price (averages with no growth) | $41.9 |
| Target stock price (manual assumptions) | $76.34 |
The following company description is from Google Finance: http://www.google.com/finance?q=ndsn
Nordson Corporation (Nordson) is a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing. Nordson’s solutions portfolio also includes test and inspection equipment, and curing and surface preparation systems. It serves a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. The Company operates through three segments: Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems. The Adhesive Dispensing Systems segment provides precision dispensing and processing technology. The Advanced Technology Systems segment integrates Nordson’s proprietary product technologies to check quality. The Industrial Coating Systems segment offers standard and customized equipment for the consumer durables market.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Nordson Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. Also the market is currently pretty accurately pricing this stock. For this reason, I am going to remove it from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Nordson Corporation calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $74.08
- Growth: 0.11
- Current EPS (TTM): $3.84
- P/E: 19
- Future EPS Calc: $6.47
- Future Stock Price Calc: $122.94
- Target stock price: $76.33
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I hope that this makes you a Confident Investor.