Projected Income Statement: Nordson Corporation

Forecast Balance Sheet: Nordson Corporation

Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 516 574 1,621 2,089 1,888 1,615 1,290 1,169
Change - 11.24% 182.4% 28.87% -9.62% -14.45% -20.12% -9.38%
Announcement Date 12/15/21 12/14/22 12/13/23 12/11/24 12/10/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: Nordson Corporation

Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 38.3 51.43 34.58 64.41 58.06 58.86 61 64
Change - 34.27% -32.75% 86.25% -9.86% 1.37% 3.64% 4.92%
Free Cash Flow (FCF) 1 507.6 461.7 606.7 491.8 661.1 679.9 707.1 766.4
Change - -9.05% 31.4% -18.94% 34.43% 2.83% 4.01% 8.38%
Announcement Date 12/15/21 12/14/22 12/13/23 12/11/24 12/10/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Nordson Corporation

Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 30.44% 31.16% 31.16% 31.57% 32.22% 32.07% 32.39% 32.27%
EBIT Margin (%) 26.04% 27.31% 26.9% 26.51% 26.83% 26.85% 27.46% 27.87%
EBT Margin (%) 24.31% 25.07% 23.41% 21.77% 21.41% 23.54% 24.9% 24.83%
Net margin (%) 19.23% 19.81% 18.55% 17.37% 17.35% 18.99% 19.95% 20.35%
FCF margin (%) 21.49% 17.82% 23.08% 18.28% 23.68% 22.8% 22.53% 23.09%
FCF / Net Income (%) 111.72% 89.98% 124.45% 105.24% 136.46% 120.02% 112.9% 113.48%

Profitability

        
ROA 12.17% 14.44% 10.75% 8.31% 8.13% 10.55% 10.85% 10.4%
ROE 23.19% 24.68% 19.93% 20.27% 16.21% 18.5% 18.17% 18.05%

Financial Health

        
Leverage (Debt/EBITDA) 0.72x 0.71x 1.98x 2.46x 2.1x 1.69x 1.27x 1.09x
Debt / Free cash flow 1.02x 1.24x 2.67x 4.25x 2.86x 2.38x 1.82x 1.53x

Capital Intensity

        
CAPEX / Current Assets (%) 1.62% 1.99% 1.32% 2.39% 2.08% 1.97% 1.94% 1.93%
CAPEX / EBITDA (%) 5.33% 6.37% 4.22% 7.59% 6.45% 6.15% 6% 5.98%
CAPEX / FCF (%) 7.55% 11.14% 5.7% 13.1% 8.78% 8.66% 8.63% 8.35%

Items per share

        
Cash flow per share 1 9.295 8.809 11.13 9.653 12.64 13.37 14.48 15.45
Change - -5.22% 26.31% -13.25% 30.89% 5.81% 8.3% 6.7%
Dividend per Share 1 1.69 2.18 2.63 2.82 3.16 3.362 3.632 3.92
Change - 28.99% 20.64% 7.22% 12.06% 6.39% 8.03% 7.93%
Book Value Per Share 1 36.76 39.39 45.08 50.89 53.47 61.12 69.67 77.7
Change - 7.15% 14.45% 12.89% 5.08% 14.3% 13.98% 11.53%
EPS 1 7.74 8.81 8.46 8.11 8.51 10.15 11.25 12.24
Change - 13.82% -3.97% -4.14% 4.93% 19.27% 10.82% 8.85%
Nbr of stocks (in thousands) 58,115 57,211 57,014 57,182 56,186 55,718 55,718 55,718
Announcement Date 12/15/21 12/14/22 12/13/23 12/11/24 12/10/25 - - -
1USD
Estimates
2026 *2027 *
P/E Ratio 28.4x 25.6x
PBR 4.72x 4.14x
EV / Sales 5.93x 5.53x
Yield 1.17% 1.26%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
288.21USD
Average target price
319.12USD
Spread / Average Target
+10.73%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  4. Financials Nordson Corporation
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