NDSN vs. ETN
Compare and contrast key facts about Nordson Corporation (NDSN) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDSN or ETN.
Key characteristics
| NDSN | ETN | |
|---|---|---|
| YTD Return | -2.01% | 32.57% |
| 1Y Return | 20.03% | 91.64% |
| 3Y Return (Ann) | 7.99% | 33.19% |
| 5Y Return (Ann) | 13.32% | 34.40% |
| 10Y Return (Ann) | 14.42% | 19.23% |
| Sharpe Ratio | 1.15 | 3.71 |
| Daily Std Dev | 18.08% | 25.24% |
| Max Drawdown | -73.62% | -68.95% |
| Current Drawdown | -5.96% | -3.71% |
Fundamentals
| NDSN | ETN | |
|---|---|---|
| Market Cap | $14.89B | $129.68B |
| EPS | $8.54 | $8.01 |
| PE Ratio | 30.49 | 40.49 |
| PEG Ratio | 2.25 | 3.26 |
| Revenue (TTM) | $2.65B | $23.20B |
| Gross Profit (TTM) | $1.43B | $6.89B |
| EBITDA (TTM) | $815.39M | $4.86B |
Correlation
The correlation between NDSN and ETN is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NDSN vs. ETN - Performance Comparison
In the year-to-date period, NDSN achieves a -2.01% return, which is significantly lower than ETN's 32.57% return. Over the past 10 years, NDSN has underperformed ETN with an annualized return of 14.42%, while ETN has yielded a comparatively higher 19.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NDSN vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordson Corporation (NDSN) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NDSN vs. ETN - Dividend Comparison
NDSN's dividend yield for the trailing twelve months is around 1.04%, less than ETN's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDSN Nordson Corporation | 1.04% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% | 1.03% | 0.89% |
ETN Eaton Corporation plc | 1.11% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
Drawdowns
NDSN vs. ETN - Drawdown Comparison
The maximum NDSN drawdown since its inception was -73.62%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for NDSN and ETN. For additional features, visit the drawdowns tool.
Volatility
NDSN vs. ETN - Volatility Comparison
The current volatility for Nordson Corporation (NDSN) is 3.50%, while Eaton Corporation plc (ETN) has a volatility of 7.95%. This indicates that NDSN experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NDSN vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Nordson Corporation and Eaton Corporation plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities