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Held by 678 of 5,944 reporting institutions (98th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $310.67 today, the market must believe free cash flow compounds 14.2%/yr for a decade (off $587M normalized FCF).
The market's 14.2% is more optimistic than its 9-yr track record.
2-stage DCF · 0.06B shares · net debt $1.6B
mean 13.2% · volatility σ 26% · implied rate exceeded in 4/9 yrs
Central path = implied 14.2%/yr growth; shaded band = ±1σ (26%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Ranked against 633 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTM | $33.13T | — | — | — | — | — | — | — | — | — | 160 |
| CAT | $405.3B | 46.3× | 32.2× | 6.0× | 4.3% | 33.8% | 13.1% | 41.7% | 15.4% | 2.7× | 3,616 |
| GE | $399.8B | 46.8× | — | 8.7× | 18.5% | — | 19.0% | 46.6% | 22.2% | — | 3,077 |
| RTX | $298.4B | 44.8× | 21.3× | 3.4× | 9.7% | — | 7.6% | 10.3% | 10.3% | 0.0× | 3,277 |
| ABBNY | $187.8B | 50.7× | 33.5× | 5.8× | 9.5% | 34.8% | 11.9% | 28.5% | 20.4% | 0.9× | 48 |
| UNP | $175.3B | 24.7× | 16.7× | 7.2× | 1.1% | — | 29.1% | 38.7% | 14.2% | 2.6× | 2,648 |
| ETN | $173.5B | 42.8× | — | 6.3× | 10.3% | 37.6% | 14.9% | 21.0% | 13.9% | — | 2,398 |
| DE | $165.5B | 33.1× | — | 3.6× | -11.7% | — | 11.0% | 19.4% | 12.6% | — | 2,491 |
| HON | $157.6B | 33.7× | 18.9× | 4.2× | 7.8% | 36.9% | 12.6% | 34.0% | 9.8% | 3.6× | 2,694 |
| HTHIF | $153.6B | 0.7× | — | 0.0× | 3.9% | 25.2% | 2.6% | 16.6% | 7.4% | — | 2 |
| LMT | $132.3B | 26.9× | 17.0× | 1.8× | 5.6% | 10.2% | 6.7% | 74.6% | 18.4% | 2.4× | 2,807 |
| PH | $127.9B | 36.8× | 28.7× | 6.4× | -0.4% | 36.9% | 17.8% | 25.8% | 16.7% | 1.6× | 1,845 |
| HWM | $117.0B | 78.5× | 51.2× | 14.2× | 11.1% | — | 18.3% | 28.2% | 18.4% | 1.2× | 1,399 |
| ADP | $109.5B | 27.1× | — | 5.3× | 7.1% | 46.0% | 19.8% | 65.9% | 40.1% | — | 2,179 |
| TT | $107.8B | 37.3× | 26.5× | 5.1× | 7.5% | — | 13.7% | 34.0% | 22.1% | 1.1× | 1,658 |
| VRT | $106.3B | 81.5× | 50.3× | 10.4× | 27.7% | 36.3% | 13.0% | 33.8% | 19.5% | 1.4× | 1,748 |
| GD | $103.9B | 24.9× | 18.1× | 2.0× | 10.1% | — | 8.0% | 16.4% | 12.5% | 1.3× | 2,123 |
| PWR | $102.2B | 100.4× | 50.3× | 3.6× | 20.3% | 15.0% | 3.7% | 11.7% | 11.7% | 0.0× | 1,659 |
| JCI | $100.1B | 30.6× | — | 4.2× | 2.8% | 36.4% | 13.9% | 25.5% | 14.4% | — | 1,487 |
| MMM | $96.6B | 30.4× | 18.4× | 3.9× | 1.5% | 39.9% | 13.0% | 69.1% | 18.8% | 2.1× | 2,051 |
| CSX | $95.1B | 33.2× | 15.3× | 6.8× | -3.1% | — | 20.5% | 22.0% | 22.0% | — | 1,791 |
| EMR | $91.4B | 40.2× | — | 5.1× | 3.0% | 52.8% | 12.7% | 11.3% | 6.9% | — | 2,112 |
| UPS | $91.4B | 16.4× | 10.1× | 1.0× | -2.6% | — | 6.3% | 34.3% | 13.8% | 2.2× | 2,025 |
| WM | $90.4B | 33.5× | 12.7× | 3.6× | 14.2% | 40.4% | 10.7% | 27.1% | 25.3% | 0.1× | 2,262 |
| CMI | $89.7B | 31.7× | 16.9× | 2.7× | -1.3% | 25.3% | 8.8% | 23.9% | 23.9% | — | 1,877 |
| NDSN | $17.4B | 36.5× | 23.9× | 6.2× | 3.8% | 55.2% | 17.4% | 15.9% | 10.3% | 2.1× | 678 |
Peers = companies sharing NDSN's sector (Industrials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-08-05 · 15d old
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B 100.0% | $2.69B 100.0% | $2.63B 100.0% | $2.59B 100.0% | $2.36B 100.0% | $2.12B 100.0% | $2.19B 100.0% | $2.25B 100.0% | $2.07B 100.0% | $1.81B 100.0% |
| Cost of Revenue | $1.25B 44.8% | $1.20B 44.8% | $1.20B 45.8% | $1.16B 44.9% | $1.04B 43.9% | $990.6M 46.7% | $1.00B 45.7% | $1.02B 45.2% | $927.7M 44.9% | $815.5M 45.1% |
| Research & Development | $68.2M 2.4% | $65.0M 2.4% | $71.4M 2.7% | $52.5M 2.0% | $59.4M 2.5% | $63.6M 3.0% | $60.0M 2.7% | $58.8M 2.6% | $52.5M 2.5% | $46.2M 2.6% |
| Selling, General & Admin | $815.5M 29.2% | $812.1M 30.2% | $752.6M 28.6% | $724.2M 28.0% | $709.0M 30.0% | $693.6M 32.7% | $709.0M 32.3% | $733.7M 32.5% | $672.9M 32.6% | $605.1M 33.4% |
| Total Operating Expenses | $2.08B 74.5% | $2.02B 74.9% | $1.96B 74.4% | $1.89B 72.9% | $1.75B 74.0% | $1.77B 83.5% | $1.71B 78.0% | $1.75B 77.7% | $1.60B 77.4% | $1.42B 78.5% |
| Operating Income | $711.7M 25.5% | $674.0M 25.1% | $672.8M 25.6% | $702.4M 27.1% | $615.1M 26.0% | $349.5M 16.5% | $483.1M 22.0% | $502.6M 22.3% | $466.4M 22.6% | $388.4M 21.5% |
| Interest Expense | $104.2M 3.7% | $88.9M 3.3% | $59.5M 2.3% | $22.4M 0.9% | $25.5M 1.1% | $32.2M 1.5% | $47.1M 2.1% | $49.6M 2.2% | $36.6M 1.8% | $21.3M 1.2% |
| Interest & Investment Income | $3.1M 0.1% | $4.9M 0.2% | $2.7M 0.1% | $2.0M 0.1% | $2.1M 0.1% | $1.7M 0.1% | $1.8M 0.1% | $1.4M 0.1% | $1.1M 0.1% | $728K 0.0% |
| Other Income (Expense), net | -$114.1M -4.1% | -$88.5M -3.3% | -$57.4M -2.2% | -$53.1M -2.0% | -$41.0M -1.7% | -$48.1M -2.3% | -$52.0M -2.4% | -$54.1M -2.4% | -$46.1M -2.2% | -$19.9M -1.1% |
| Pretax Income | $597.6M 21.4% | $585.5M 21.8% | $615.3M 23.4% | $649.3M 25.1% | $574.2M 24.3% | $301.5M 14.2% | $431.1M 19.6% | $448.5M 19.9% | $420.3M 20.3% | $368.5M 20.4% |
| Income Tax Expense | $113.2M 4.1% | $118.2M 4.4% | $127.8M 4.9% | $136.2M 5.3% | $119.8M 5.1% | $52.0M 2.4% | $94.0M 4.3% | $71.1M 3.2% | $124.5M 6.0% | $96.7M 5.3% |
| Net Income | $484.5M 17.4% | $467.3M 17.4% | $487.5M 18.5% | $513.1M 19.8% | $454.4M 19.2% | $249.5M 11.8% | $337.1M 15.4% | $377.4M 16.7% | $295.8M 14.3% | $271.8M 15.0% |
| Per Share | ||||||||||
| EPS (Basic) | $8.56 | $8.17 | $8.54 | $8.90 | $7.82 | $4.32 | $5.87 | $6.51 | $5.14 | $4.76 |
| EPS (Diluted) | $8.51 | $8.11 | $8.46 | $8.81 | $7.74 | $4.27 | $5.79 | $6.40 | $5.08 | $4.73 |
| Weighted Avg Shares (Basic) | 56.6M | 57.2M | 57.1M | 57.6M | 58.1M | 57.8M | 57.5M | 58.0M | 57.5M | 57.1M |
| Weighted Avg Shares (Diluted) | 56.9M | 57.6M | 57.6M | 58.2M | 58.7M | 58.5M | 58.2M | 58.9M | 58.2M | 57.5M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 27% of free cash flow, leaving room to grow it and fund buybacks. Last year: $179M dividends + $306M buybacks = $485M returned on $661M FCF.
9 consecutive years of dividend increases · 14%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: 10%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $108M is below the $315M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2025-10-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~6.2% on $1.7B of debt.
Cash of $108M is below short-term debt of $315M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-08-05
No material risks flagged.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 1.5× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 45.2 | 45.7 | 46.7 | 43.9 | 44.9 | 45.8 | 44.8 | 44.8 |
| R&D | 2.6 | 2.7 | 3.0 | 2.5 | 2.0 | 2.7 | 2.4 | 2.4 |
| SG&A | 32.5 | 32.3 | 32.7 | 30.0 | 28.0 | 28.6 | 30.2 | 29.2 |
| Operating Income | 22.3 | 22.0 | 16.5 | 26.0 | 27.1 | 25.6 | 25.1 | 25.5 |
| Income Tax | 3.2 | 4.3 | 2.4 | 5.1 | 5.3 | 4.9 | 4.4 | 4.1 |
| Net Income | 16.7 | 15.4 | 11.8 | 19.2 | 19.8 | 18.5 | 17.4 | 17.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on NDSN: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.