Nordson Corporation

Methodology

Nordson's precision dispensing equipment and adhesive systems serve diverse end markets creating relatively stable earnings, though industrial cycles impact capital spending demand. Recurring revenue from parts, consumables, and services adds predictability. The calculation works well for this niche industrial with balanced exposure across electronics, packaging, and other applications.

Methodology

Nordson typically trades at premium PEG ratios reflecting strong market positions in precision dispensing, recurring revenue streams, and consistent acquisition execution. While expensive versus typical industrial machinery companies, business quality and niche leadership justify valuations. Compare to other specialized industrial equipment makers and Nordson's historical range.

Methodology

Nordson offers a meaningful dividend with decades of consecutive increases, making it a dividend aristocrat and making PEGY analysis important for total return evaluation. The dividend provides reliable income alongside steady acquisition-driven growth. For this quality industrial, dividend consistency matters as much as growth in attracting long-term investors.