Nordson Free Cash Flow vs Ev To Free Cash Flow Analysis

NDSN Stock  USD 258.44  0.71  0.27%   
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 Free Cash Flow and its Ev To Free Cash Flow 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.

Free Cash Flow vs Ev To Free Cash Flow

Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordson Free Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nordson's Free Cash Flow and Ev To Free Cash Flow is -0.07. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Nordson, assuming nothing else is changed. The correlation between historical values of Nordson's Free Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Nordson are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., Nordson's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
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 4th of December 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 Revenue2.6B2.6B3.0B3.2B
Interest Expense20.4M59.5M68.4M71.9M

Nordson fundamental ratios Correlations

0.910.790.810.960.990.860.980.551.0-0.120.550.96-0.80.90.990.5-0.820.950.980.330.950.97-0.680.9-0.67
0.910.770.670.770.930.990.810.260.920.070.260.89-0.760.980.860.15-0.730.980.830.220.970.87-0.680.68-0.67
0.790.770.770.680.810.730.770.460.770.310.460.92-0.970.780.770.44-0.870.840.840.380.760.88-0.390.58-0.39
0.810.670.770.810.780.630.830.470.80.010.470.85-0.730.580.840.57-0.790.740.840.80.740.88-0.460.78-0.45
0.960.770.680.810.930.710.990.650.96-0.270.650.89-0.70.760.970.63-0.770.840.960.350.860.92-0.650.97-0.64
0.990.930.810.780.930.880.960.540.99-0.010.540.97-0.820.920.960.42-0.840.960.960.30.960.96-0.660.85-0.65
0.860.990.730.630.710.880.760.140.880.070.140.84-0.710.960.820.07-0.670.960.760.20.950.83-0.680.62-0.67
0.980.810.770.830.990.960.760.650.97-0.160.650.94-0.780.80.980.61-0.850.880.980.370.880.95-0.630.94-0.63
0.550.260.460.470.650.540.140.650.52-0.051.00.55-0.50.320.520.7-0.590.390.680.210.370.51-0.140.63-0.14
1.00.920.770.80.960.990.880.970.52-0.140.520.95-0.770.910.980.46-0.80.960.960.310.970.96-0.70.89-0.69
-0.120.070.310.01-0.27-0.010.07-0.16-0.05-0.14-0.050.09-0.230.06-0.2-0.34-0.20.06-0.070.16-0.01-0.040.34-0.390.34
0.550.260.460.470.650.540.140.651.00.52-0.050.55-0.50.320.520.7-0.590.390.680.210.370.51-0.140.63-0.14
0.960.890.920.850.890.970.840.940.550.950.090.55-0.920.880.940.49-0.90.950.970.410.920.98-0.580.8-0.57
-0.8-0.76-0.97-0.73-0.7-0.82-0.71-0.78-0.5-0.77-0.23-0.5-0.92-0.79-0.78-0.510.89-0.84-0.86-0.34-0.75-0.870.34-0.580.41
0.90.980.780.580.760.920.960.80.320.910.060.320.88-0.790.840.18-0.730.980.830.070.950.85-0.650.65-0.65
0.990.860.770.840.970.960.820.980.520.98-0.20.520.94-0.780.840.56-0.820.910.970.370.910.97-0.690.93-0.69
0.50.150.440.570.630.420.070.610.70.46-0.340.70.49-0.510.180.56-0.550.30.620.380.280.54-0.050.66-0.22
-0.82-0.73-0.87-0.79-0.77-0.84-0.67-0.85-0.59-0.8-0.2-0.59-0.90.89-0.73-0.82-0.55-0.81-0.88-0.44-0.73-0.850.28-0.710.31
0.950.980.840.740.840.960.960.880.390.960.060.390.95-0.840.980.910.3-0.810.910.270.980.93-0.660.74-0.65
0.980.830.840.840.960.960.760.980.680.96-0.070.680.97-0.860.830.970.62-0.880.910.380.890.97-0.590.89-0.59
0.330.220.380.80.350.30.20.370.210.310.160.210.41-0.340.070.370.38-0.440.270.380.280.42-0.010.35-0.08
0.950.970.760.740.860.960.950.880.370.97-0.010.370.92-0.750.950.910.28-0.730.980.890.280.91-0.680.77-0.68
0.970.870.880.880.920.960.830.950.510.96-0.040.510.98-0.870.850.970.54-0.850.930.970.420.91-0.640.87-0.63
-0.68-0.68-0.39-0.46-0.65-0.66-0.68-0.63-0.14-0.70.34-0.14-0.580.34-0.65-0.69-0.050.28-0.66-0.59-0.01-0.68-0.64-0.640.8
0.90.680.580.780.970.850.620.940.630.89-0.390.630.8-0.580.650.930.66-0.710.740.890.350.770.87-0.64-0.64
-0.67-0.67-0.39-0.45-0.64-0.65-0.67-0.63-0.14-0.690.34-0.14-0.570.41-0.65-0.69-0.220.31-0.65-0.59-0.08-0.68-0.630.8-0.64
Click cells to compare fundamentals

Nordson Account Relationship Matchups

Nordson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.8B3.8B5.3B6.0B6.3B
Short Long Term Debt Total1.1B815.9M737.9M1.9B2.1B2.2B
Other Current Liab167.7M188.9M192.0M184.7M212.4M223.0M
Total Current Liabilities363.1M445.4M834.2M582.1M669.4M702.9M
Total Stockholder Equity1.8B2.2B2.3B2.6B3.0B3.1B
Property Plant And Equipment Net358.6M355.6M353.4M499.0M573.9M602.6M
Net Debt897.7M515.9M574.4M1.7B2.0B2.1B
Retained Earnings2.9B3.3B3.7B4.0B4.6B4.8B
Cash208.3M300.0M163.5M115.7M133.0M139.7M
Non Current Assets Total2.7B2.6B2.7B4.0B4.6B4.9B
Non Currrent Assets Other582.1M557.4M529.3M66.5M76.5M72.6M
Cash And Short Term Investments208.3M300.0M163.5M115.7M133.0M139.7M
Net Receivables471.9M489.4M537.3M590.9M679.5M713.5M
Common Stock Shares Outstanding58.5M58.7M58.2M57.6M51.9M55.1M
Liabilities And Stockholders Equity3.7B3.8B3.8B5.3B6.0B6.3B
Non Current Liabilities Total1.6B1.2B691.8M2.1B2.4B2.5B
Inventory277.0M327.2M383.4M454.8M523.0M549.1M
Other Current Assets63.4M96.6M97.6M68.0M78.2M44.3M
Other Stockholder Equity(935.9M)(942.3M)(1.2B)(1.2B)(1.1B)(1.0B)
Total Liab1.9B1.6B1.5B2.7B3.1B3.2B
Total Current Assets1.0B1.2B1.1B1.2B1.4B1.5B
Short Term Debt60.9M57.2M413.2M137.4M158.0M99.3M
Intangible Assets407.6M357.4M329.4M672.7M773.7M812.3M
Accounts Payable70.9M91.7M99.3M106.3M122.3M128.4M
Property Plant And Equipment Gross480.7M1.0B1.0B1.1B1.2B1.3B
Accumulated Other Comprehensive Income(226.1M)(175.8M)(207.8M)(196.4M)(176.8M)(168.0M)
Good Will1.7B1.7B1.8B2.8B3.2B3.4B
Other Liab372.9M364.8M404.7M244.5M281.2M226.5M
Other Assets46.0M52.4M557.4M97.6M112.2M63.6M
Long Term Debt1.1B781.7M345.3M1.6B1.9B2.0B
Treasury Stock(1.3B)(1.4B)(1.5B)(1.5B)(1.4B)(1.3B)
Property Plant Equipment398.9M358.6M355.6M455.7M524.1M550.3M
Current Deferred Revenue42.3M77.9M92.6M93.4M84.1M52.7M
Net Tangible Assets(479.3M)(242.2M)446.0M262.2M301.6M316.6M
Retained Earnings Total Equity2.7B2.9B3.3B3.7B4.2B2.3B
Long Term Debt Total1.1B1.1B781.7M345.3M397.1M377.3M
Capital Surpluse483.1M534.7M585.3M626.7M720.7M445.4M
Capital Lease Obligations142.7M135.7M122.6M125.9M144.7M152.0M

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.

Moving together with Nordson Stock

  0.67IR Ingersoll RandPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Nordson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordson Stock:
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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
8.22
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.