Nordson Corporation (NASDAQ:NDSN) reported an earnings per share (EPS) of $2.78, beating the estimated $2.59.
The company’s fourth-quarter revenue was $744.5 million, exceeding expectations and showing a 4% increase from the previous year.
Nordson’s financial health is indicated by a price-to-earnings (P/E) ratio of approximately 30.54 and a debt-to-equity ratio of approximately 0.75.
Nordson Corporation, listed on NASDAQ as NDSN, specializes in adhesives and industrial coatings. The company competes in the Zacks Manufacturing – General Industrial industry. On December 11, 2024, Nordson reported earnings per share (EPS) of $2.78, surpassing the estimated $2.59. This marks a significant earnings surprise of 7.34%, as highlighted by Zacks.
Nordson’s revenue for the fourth quarter was approximately $744.5 million, exceeding the estimated $736.8 million. This revenue figure not only surpassed expectations by 1.52% but also showed growth from the previous year’s $719.31 million. The 4% increase in sales was driven by a 6% positive impact from acquisitions and a 1% benefit from favorable currency translation, although it was partially offset by a 3% decline in organic sales.
Despite a slight decrease in net income to $122 million from the previous year’s $128 million, Nordson’s adjusted net income rose to $160 million. This increase in adjusted net income resulted in adjusted earnings per diluted share of $2.78, up from $2.71 in the prior year. The company’s EBITDA for the fourth quarter was $241 million, representing 32% of sales, a 4% increase from the previous year’s EBITDA of $227 million.
Nordson’s financial metrics reflect its market valuation and financial health. The company has a price-to-earnings (P/E) ratio of approximately 30.54 and a price-to-sales ratio of about 5.30. The enterprise value to sales ratio is around 6.08, while the enterprise value to operating cash flow ratio is approximately 26.26. These ratios indicate how the market values Nordson’s revenue and cash flow generation.
Nordson maintains a moderate debt-to-equity ratio of approximately 0.75, indicating a balanced level of debt relative to equity. The current ratio is around 2.41, suggesting that Nordson has a strong ability to cover its short-term liabilities with its short-term assets. The earnings yield is about 3.27%, providing insight into the return on investment for shareholders.