Nitto Denko Corp

Company Profile

Nitto Denko Corp had its IPO on under the ticker symbol NDEKY.

The company operates in the Basic Materials sector and Specialty Chemicals industry. Nitto Denko Corp has a staff strength of 26,070 employees.

Stock update

Shares of Nitto Denko Corp opened at $34.32 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $34.32 - $35.46, and closed at $34.45.

This is a -0.12% slip from the previous day's closing price.

A total volume of 8,822 shares were traded at the close of the day’s session.

In the last one week, shares of Nitto Denko Corp have increased by +1.15%.

Nitto Denko Corp's Key Ratios

Nitto Denko Corp has a market cap of $9.82 billion, indicating a price to book ratio of 1.385 and a price to sales ratio of 0.0097.

In the last 12-months Nitto Denko Corp’s revenue was $921.12 billion with a gross profit of $337.44 billion and an EBITDA of $187.05 billion. The EBITDA ratio measures Nitto Denko Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nitto Denko Corp’s operating margin was 13.9% while its return on assets stood at 6.95% with a return of equity of 11.08%.

In Q2, Nitto Denko Corp’s quarterly earnings growth was a negative -40.9% while revenue growth was a negative 3.7%.

Nitto Denko Corp’s PE and PEG Ratio

Forward PE

13.4953

Trailing PE

15.3111

PEG

0

Its diluted EPS in the last 12-months stands at $2.25 per share while it has a forward price to earnings multiple of 13.4953 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nitto Denko Corp’s profitability.

Nitto Denko Corp stock is trading at a EV to sales ratio of 0.0076 and a EV to EBITDA ratio of 0.039. Its price to sales ratio in the trailing 12-months stood at 0.0097.

Nitto Denko Corp stock pays annual dividends of $240 per share, indicating a yield of 2.46% and a payout ratio of 35.44%.

Balance sheet and cash flow metrics

Total Assets

$1,160.75 billion

Total Liabilities

$190.34 billion

Operating Cash Flow

$0

Capital Expenditure

$16.79 billion

Dividend Payout Ratio

35.44%

Nitto Denko Corp ended 2024 with $1,160.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1,160.75 billion while shareholder equity stood at $905.75 billion.

Nitto Denko Corp ended 2024 with $0 in deferred long-term liabilities, $190.34 billion in other current liabilities, 26783000000.00 in common stock, $783.93 billion in retained earnings and $63.53 billion in goodwill. Its cash balance stood at $288.32 billion and cash and short-term investments were $290.67 billion. The company’s total short-term debt was $255,000,000 while long-term debt stood at $0.

Nitto Denko Corp’s total current assets stands at $659.07 billion while long-term investments were $0 and short-term investments were $2.35 billion. Its net receivables were $196.58 billion compared to accounts payable of $98.86 billion and inventory worth $143.40 billion.

In 2024, Nitto Denko Corp's operating cash flow was $0 while its capital expenditure stood at $16.79 billion.

Comparatively, Nitto Denko Corp paid $0.35 in dividends in 2024.

Other key metrics

Current Trading Price

$34.45

52-Week High

$39.11

52-Week Low

$25.34

Analyst Target Price

$

Nitto Denko Corp stock is currently trading at $34.45 per share. It touched a 52-week high of $39.11 and a 52-week low of $39.11. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $34.74 and 200-day moving average was $33 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 1.3% are held by institutions.