Nordson Dividend Yield vs Payout Ratio Analysis
NDSN Stock | USD 261.27 4.69 1.83% |
Nordson financial indicator trend analysis is infinitely more than just investigating Nordson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nordson is a good investment. Please check the relationship between Nordson Dividend Yield and its Payout Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.
Dividend Yield vs Payout Ratio
Dividend Yield vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordson Dividend Yield account and Payout Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nordson's Dividend Yield and Payout Ratio is 0.8. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Nordson, assuming nothing else is changed. The correlation between historical values of Nordson's Dividend Yield and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Nordson are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Dividend Yield i.e., Nordson's Dividend Yield and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Dividend Yield
Dividend Yield is Nordson dividend as a percentage of Nordson stock price. Nordson dividend yield is a measure of Nordson stock productivity, which can be interpreted as interest rate earned on an Nordson investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Payout Ratio
Payout Ratio is the proportion of Nordson earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Nordson dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Nordson is paying out more in dividends than it makes in net income.Most indicators from Nordson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nordson current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 21.5 M, while Selling General Administrative is likely to drop about 465.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.6B | 2.6B | 3.0B | 3.2B | Interest Expense | 20.4M | 59.5M | 68.4M | 71.9M |
Nordson fundamental ratios Correlations
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Nordson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nordson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 3.8B | 3.8B | 5.3B | 6.0B | 6.3B | |
Short Long Term Debt Total | 1.1B | 815.9M | 737.9M | 1.9B | 2.1B | 2.2B | |
Other Current Liab | 167.7M | 188.9M | 192.0M | 184.7M | 212.4M | 223.0M | |
Total Current Liabilities | 363.1M | 445.4M | 834.2M | 582.1M | 669.4M | 702.9M | |
Total Stockholder Equity | 1.8B | 2.2B | 2.3B | 2.6B | 3.0B | 3.1B | |
Property Plant And Equipment Net | 358.6M | 355.6M | 353.4M | 499.0M | 573.9M | 602.6M | |
Net Debt | 897.7M | 515.9M | 574.4M | 1.7B | 2.0B | 2.1B | |
Retained Earnings | 2.9B | 3.3B | 3.7B | 4.0B | 4.6B | 4.8B | |
Cash | 208.3M | 300.0M | 163.5M | 115.7M | 133.0M | 139.7M | |
Non Current Assets Total | 2.7B | 2.6B | 2.7B | 4.0B | 4.6B | 4.9B | |
Non Currrent Assets Other | 582.1M | 557.4M | 529.3M | 66.5M | 76.5M | 72.6M | |
Cash And Short Term Investments | 208.3M | 300.0M | 163.5M | 115.7M | 133.0M | 139.7M | |
Net Receivables | 471.9M | 489.4M | 537.3M | 590.9M | 679.5M | 713.5M | |
Common Stock Shares Outstanding | 58.5M | 58.7M | 58.2M | 57.6M | 51.9M | 55.1M | |
Liabilities And Stockholders Equity | 3.7B | 3.8B | 3.8B | 5.3B | 6.0B | 6.3B | |
Non Current Liabilities Total | 1.6B | 1.2B | 691.8M | 2.1B | 2.4B | 2.5B | |
Inventory | 277.0M | 327.2M | 383.4M | 454.8M | 523.0M | 549.1M | |
Other Current Assets | 63.4M | 96.6M | 97.6M | 68.0M | 78.2M | 44.3M | |
Other Stockholder Equity | (935.9M) | (942.3M) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Total Liab | 1.9B | 1.6B | 1.5B | 2.7B | 3.1B | 3.2B | |
Total Current Assets | 1.0B | 1.2B | 1.1B | 1.2B | 1.4B | 1.5B | |
Short Term Debt | 60.9M | 57.2M | 413.2M | 137.4M | 158.0M | 99.3M | |
Intangible Assets | 407.6M | 357.4M | 329.4M | 672.7M | 773.7M | 812.3M | |
Accounts Payable | 70.9M | 91.7M | 99.3M | 106.3M | 122.3M | 128.4M | |
Property Plant And Equipment Gross | 480.7M | 1.0B | 1.0B | 1.1B | 1.2B | 1.3B | |
Accumulated Other Comprehensive Income | (226.1M) | (175.8M) | (207.8M) | (196.4M) | (176.8M) | (168.0M) | |
Good Will | 1.7B | 1.7B | 1.8B | 2.8B | 3.2B | 3.4B | |
Other Liab | 372.9M | 364.8M | 404.7M | 244.5M | 281.2M | 226.5M | |
Other Assets | 46.0M | 52.4M | 557.4M | 97.6M | 112.2M | 63.6M | |
Long Term Debt | 1.1B | 781.7M | 345.3M | 1.6B | 1.9B | 2.0B | |
Treasury Stock | (1.3B) | (1.4B) | (1.5B) | (1.5B) | (1.4B) | (1.3B) | |
Property Plant Equipment | 398.9M | 358.6M | 355.6M | 455.7M | 524.1M | 550.3M | |
Current Deferred Revenue | 42.3M | 77.9M | 92.6M | 93.4M | 84.1M | 52.7M | |
Net Tangible Assets | (479.3M) | (242.2M) | 446.0M | 262.2M | 301.6M | 316.6M | |
Retained Earnings Total Equity | 2.7B | 2.9B | 3.3B | 3.7B | 4.2B | 2.3B | |
Long Term Debt Total | 1.1B | 1.1B | 781.7M | 345.3M | 397.1M | 377.3M | |
Capital Surpluse | 483.1M | 534.7M | 585.3M | 626.7M | 720.7M | 445.4M | |
Capital Lease Obligations | 142.7M | 135.7M | 122.6M | 125.9M | 144.7M | 152.0M |
Pair Trading with Nordson
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordson will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nordson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordson to buy it.
The correlation of Nordson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nordson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordson. If investors know Nordson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Dividend Share 2.72 | Earnings Share 8.21 | Revenue Per Share 46.641 | Quarterly Revenue Growth 0.02 |
The market value of Nordson is measured differently than its book value, which is the value of Nordson that is recorded on the company's balance sheet. Investors also form their own opinion of Nordson's value that differs from its market value or its book value, called intrinsic value, which is Nordson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordson's market value can be influenced by many factors that don't directly affect Nordson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.