We publish no single base value for Nordson Corporation. Our valuation methods put it between $246.16 and $256.28 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | $256.28 | -21.5% | free cash flow $728.49m, growth 7.02% for 5 years, then fading to 3% over 5 more, discounted at 9.63%; stress floor $159.70 |
| Exit multiple (P/E) | $246.16 | -24.6% | earnings per share $11.95 valued at 25.03× (the stock's own median P/E) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: this run holds no segment disclosure for the name |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | — | — | used only for lenders, where book value is the business |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
The discount rate:
| Risk-free rate | 5.13% (10-year US Treasury yield) |
| Company's own beta | 0.98 (5 years of monthly returns against the S&P 500; standard error 0.15) |
| Peer beta | 1.00 (median of 13 S&P 500 Industrial Machinery & Supplies & Components companies) |
| Blend of own and peers | 0.99 (44% own, 56% peers, weighted by how precisely the company's own beta is measured) |
| Adjusted beta | 1.00 (0.67 × 0.99 + 0.33, pulled toward the market's 1.0) |
| Equity risk premium | 4.5% |
| Discount rate = risk-free + adjusted beta × premium | 9.63% |
Free cash flow grows 7.02% a year for 5 years, then fades in equal steps toward 3% over 5 more; each year is discounted by 1 ÷ (1 + rate)^year:
| Year | Growth | Free cash flow | Discount factor | Present value |
|---|---|---|---|---|
| Now | — | $728.49m | — | — |
| Year 1 | 7.02% | $779.63m | 0.9122 | $711.15m |
| Year 2 | 7.02% | $834.36m | 0.8320 | $694.22m |
| Year 3 | 7.02% | $892.93m | 0.7589 | $677.69m |
| Year 4 | 7.02% | $955.62m | 0.6923 | $661.55m |
| Year 5 | 7.02% | $1.02bn | 0.6315 | $645.80m |
| Year 6 | 6.35% | $1.09bn | 0.5760 | $626.48m |
| Year 7 | 5.68% | $1.15bn | 0.5254 | $603.91m |
| Year 8 | 5.01% | $1.21bn | 0.4793 | $578.46m |
| Year 9 | 4.34% | $1.26bn | 0.4372 | $550.55m |
| Year 10 | 3.67% | $1.31bn | 0.3988 | $520.62m |
| Terminal value = year-10 cash flow × (1 + 3%) ÷ (9.63% − 3%) | $20.28bn |
| Terminal value in today's money | $8.09bn |
| Present value of years 1–10 | $6.27bn |
| Total present value | $14.36bn |
| Shares outstanding | 56.03m |
| Value per share = total ÷ shares | $256.28 |
How the DCF value moves with the discount rate and the starting growth (the middle cell is the published value):
| Discount rate | Growth 2.02% | Growth 7.02% | Growth 12.02% |
|---|---|---|---|
| 8.63% | $224.03 | — | $410.04 |
| 9.63% | $190.57 | $256.28 | $343.50 |
| 10.63% | $165.86 | $221.32 | — |
The same DCF at each beta, starting growth unchanged:
| Beta | Value | Discount rate | DCF value |
|---|---|---|---|
| Company's own beta | 0.98 | 9.54% | $259.95 |
| Peer beta | 1.00 | 9.63% | $256.28 |
| Adjusted beta (used) | 1.00 | 9.63% | $256.28 |
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $11.95 |
| Year 1 | 7.02% | $12.78 |
| Year 2 | 6.01% | $13.55 |
| Year 3 | 5.26% | $14.27 |
| Year 4 | 4.70% | $14.94 |
| Year 5 | 4.27% | $15.57 |
| Earnings per share in year 5 | $15.57 |
| Exit P/E (the stock's own median P/E) | 25.03× |
| Value in 5 years = earnings × P/E | $389.83 |
| Discounted at 9.63% over 5 years: ÷ 1.5836 | $246.16 |
We publish no single base value for Nordson Corporation. Our valuation methods put it between $246.16 and $256.28 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
One-year price simulation: a 10% chance the price is below $239.01 and a 10% chance it is above $496.78 in a year; a 58% chance it is higher than today's $326.60, from 28.4% volatility. The simulation assumes the price drifts up at our discount rate of 9.63% a year.
At $326.60 the price implies free cash flow growing 11.2% a year for five years and then fading toward 3% over five more; its revenue has grown 7.0%.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $333.54 | — |
| 9 Oct 2026 | $328.17 | — |
| 16 Oct 2026 | $322.31 | — |
| 23 Oct 2026 | $318.84 | — |
| 30 Oct 2026 | $322.67 | — |
| 6 Nov 2026 | $309.86 | — |
| 12 Nov 2026 | $326.60 | — |
Data as of 12 Nov 2026; financials to 31 Jul 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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