NORDSON
NORDSON operates in Diversified Metals & Mining.
NORDSON (ND1) - Net Assets
Latest net assets as of July 2024: €2.85 Billion EUR
Based on the latest financial reports, NORDSON (ND1) has net assets worth €2.85 Billion EUR as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.20 Billion) and total liabilities (€2.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.85 Billion |
| % of Total Assets | 54.83% |
| Annual Growth Rate | 17.28% |
| 5-Year Change | 64.33% |
| 10-Year Change | N/A |
| Growth Volatility | 9.85 |
NORDSON - Net Assets Trend (2016–2023)
This chart illustrates how NORDSON's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NORDSON (2016–2023)
The table below shows the annual net assets of NORDSON from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | €2.60 Billion | +13.24% |
| 2022-10-31 | €2.29 Billion | +6.26% |
| 2021-10-31 | €2.16 Billion | +22.75% |
| 2020-10-31 | €1.76 Billion | +11.25% |
| 2019-10-31 | €1.58 Billion | +8.98% |
| 2018-10-31 | €1.45 Billion | +25.55% |
| 2017-10-31 | €1.16 Billion | +35.68% |
| 2016-10-31 | €851.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NORDSON's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 106.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.99 Billion | 153.55% |
| Total Equity | €2.60 Billion | 100.00% |
NORDSON Competitors by Market Cap
The table below lists competitors of NORDSON ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Wolf Exploration Ltd
OTCQB:SWLFF
|
$2.07 Million |
|
Invion Limited
PINK:IVIXF
|
$2.07 Million |
|
CATCo Reinsurance Opps C
LSE:CATC
|
$2.07 Million |
|
Royal Wins Corporation
PINK:RYWCF
|
$2.07 Million |
|
Visionary Education Technology Holdings Group Inc.
NASDAQ:GV
|
$2.07 Million |
|
The Calmer Co International Ltd
AU:CCO
|
$2.07 Million |
|
GARMIN N
HM:GEY
|
$2.07 Million |
|
Octodec
JSE:OCT
|
$2.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NORDSON's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,294,375,000 to 2,598,060,000, a change of 303,685,000 (13.2%).
- Net income of 487,493,000 contributed positively to equity growth.
- Dividend payments of 150,356,000 reduced retained earnings.
- Share repurchases of 89,708,000 reduced equity.
- New share issuances of 21,373,000 increased equity.
- Other factors increased equity by 34,883,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €487.49 Million | +18.76% |
| Dividends Paid | €150.36 Million | -5.79% |
| Share Repurchases | €89.71 Million | -3.45% |
| Share Issuances | €21.37 Million | +0.82% |
| Other Changes | €34.88 Million | +1.34% |
| Total Change | €- | 13.24% |
Book Value vs Market Value Analysis
This analysis compares NORDSON's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.23x to 4.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | €20.02 | €204.80 | x |
| 2018-10-31 | €25.00 | €204.80 | x |
| 2019-10-31 | €27.45 | €204.80 | x |
| 2020-10-31 | €30.29 | €204.80 | x |
| 2021-10-31 | €37.13 | €204.80 | x |
| 2022-10-31 | €40.17 | €204.80 | x |
| 2023-10-31 | €45.57 | €204.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NORDSON utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.55%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.02x
- Recent ROE (18.76%) is below the historical average (22.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 31.92% | 15.03% | 0.75x | 2.84x | €186.68 Million |
| 2017 | 25.60% | 14.31% | 0.61x | 2.96x | €180.25 Million |
| 2018 | 26.01% | 16.74% | 0.66x | 2.36x | €232.30 Million |
| 2019 | 21.32% | 15.36% | 0.62x | 2.22x | €178.99 Million |
| 2020 | 14.19% | 11.76% | 0.58x | 2.09x | €73.64 Million |
| 2021 | 21.04% | 19.23% | 0.62x | 1.76x | €238.46 Million |
| 2022 | 22.36% | 19.81% | 0.68x | 1.67x | €283.67 Million |
| 2023 | 18.76% | 18.55% | 0.50x | 2.02x | €227.69 Million |
Industry Comparison
This section compares NORDSON's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NORDSON (ND1) | €2.85 Billion | 31.92% | 0.82x | $2.07 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |