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Nitto Denko Corp

Basic Materials US NDEKY

16.25USD
0.37(2.33%)

Last update at 2024-12-19T18:59:00Z

Day Range

16.1516.26
LowHigh

52 Week Range

27.6239.11
LowHigh

Fundamentals

  • Previous Close 15.88
  • Market Cap10631.49M
  • Volume6458
  • P/E Ratio17.11
  • Dividend Yield2.28%
  • EBITDA175932.00M
  • Revenue TTM893471.03M
  • Revenue Per Share TTM3073.78
  • Gross Profit TTM 337444.00M
  • Diluted EPS TTM2.18

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Income before tax 146840.00M 132378.00M 93320.00M 69013.00M 91910.00M
Minority interest -91.00000M -102.00000M 817.00M 757.00M 744.00M
Net income 109173.00M 97132.00M 70235.00M 47156.00M 66560.00M
Selling general administrative 145436.00M 129625.00M 107722.00M 111368.00M 120576.00M
Selling and marketing expenses - - - - -
Gross profit 337444.00M 302389.00M 243449.00M 221928.00M 241887.00M
Reconciled depreciation 57362.00M 50211.00M 47950.00M 49390.00M 45904.00M
Ebit 148776.00M 133762.00M 94393.00M 70633.00M 93827.00M
Ebitda 206138.00M 183973.00M 142343.00M 120023.00M 139731.00M
Depreciation and amortization 57362.00M 50211.00M 47950.00M 49390.00M 45904.00M
Non operating income net other - - - - 0.00000M
Operating income 147173.00M 132260.00M 93809.00M 69733.00M 92777.00M
Other operating expenses 781861.00M 721186.00M 667511.00M 671283.00M 713717.00M
Interest expense 1936.00M 1384.00M 1073.00M 1620.00M 1917.00M
Tax provision 37576.00M 35143.00M 23012.00M 21788.00M 25293.00M
Interest income 1574.00M 1459.00M 559.00M 886.00M 1195.00M
Net interest income -362.00000M 75.00M -514.00000M -734.00000M -722.00000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 37576.00M 35143.00M 23012.00M 21788.00M 25293.00M
Total revenue 929036.00M 853448.00M 761321.00M 741018.00M 806495.00M
Total operating expenses 190269.00M 170127.00M 149639.00M 152193.00M 149109.00M
Cost of revenue 591592.00M 551059.00M 517872.00M 519090.00M 564608.00M
Total other income expense net 2660.00M 5388.00M 2196.00M 2112.00M 1800.00M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 109264.00M 97235.00M 70308.00M 47225.00M 66617.00M
Net income applicable to common shares 109173.00M 97132.00M 70235.00M 47156.00M 66560.00M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Total assets 1153647.00M 1094469.00M 965901.00M 921900.00M 913418.00M
Intangible assets 21469.00M 13707.00M 13620.00M 10198.00M 12393.00M
Earning assets - - - - -
Other current assets 20361.00M 21351.00M 17123.00M 17895.00M 19689.00M
Total liab 250453.00M 272364.00M 249216.00M 231697.00M 212231.00M
Total stockholder equity 902211.00M 821192.00M 715868.00M 689446.00M 700443.00M
Deferred long term liab - - - - 0.00000M
Other current liab 54056.00M 67333.00M 47389.00M 36908.00M 34461.00M
Common stock 26783.00M 26783.00M 26783.00M 26783.00M 26783.00M
Capital stock 26783.00M 26783.00M 26783.00M 26783.00M 26783.00M
Retained earnings 786269.00M 705910.00M 635916.00M 643521.00M 622025.00M
Other liab 63641.00M 63875.00M 66433.00M 69802.00M 53753.00M
Good will 58822.00M 4809.00M 4593.00M 4852.00M 6834.00M
Other assets 1.00M 1.00M 25955.00M 1.00M 26551.00M
Cash 329966.00M 362046.00M 300888.00M 304922.00M 297682.00M
Cash and equivalents - - - - -
Total current liabilities 188248.00M 208489.00M 182783.00M 161895.00M 158478.00M
Current deferred revenue 42086.00M 38117.00M 34059.00M 34086.00M 26682.00M
Net debt -329694.00000M -361805.00000M -300343.00000M -304832.00000M -297234.00000M
Short term debt 272.00M 241.00M 545.00M 90.00M 448.00M
Short long term debt - - - - 0.00000M
Short long term debt total 272.00M 241.00M 545.00M 90.00M 448.00M
Other stockholder equity -813052.00000M -732693.00000M -662699.00000M -670304.00000M -648808.00000M
Property plant equipment 346062.00M 300630.00M 285792.00M 283214.00M 267133.00M
Total current assets 677189.00M 722738.00M 610017.00M 576056.00M 581536.00M
Long term investments - - - - 0.00000M
Net tangible assets 821920.00M 802676.00M 697655.00M 674396.00M 681216.00M
Short term investments 2141.00M 4939.00M 1399.00M 2642.00M 412.00M
Net receivables 183620.00M 206084.00M 182939.00M 154473.00M 169768.00M
Long term debt - - - - 0.00000M
Inventory 141101.00M 128318.00M 107668.00M 96124.00M 93985.00M
Accounts payable 91834.00M 102798.00M 100790.00M 90811.00M 96887.00M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 2.00M 3.00M 4.00M 3.00M 3.00M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 476457.00M 371730.00M 355884.00M 345843.00M 331882.00M
Capital lease obligations - - - - 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Investments -159906.00000M -230.00000M 554.00M -1646.00000M 6689.00M
Change to liabilities -15779.00000M 440.00M 9234.00M -4899.00000M -14227.00000M
Total cashflows from investing activities -159906.00000M -57594.00000M -57538.00000M -59991.00000M -49955.00000M
Net borrowings 29.00M -315.00000M 428.00M -336.00000M -3374.00000M
Total cash from financing activities -57627.00000M -36639.00000M -68297.00000M -51637.00000M -58419.00000M
Change to operating activities -16150.00000M 14588.00M 1878.00M 2677.00M 725.00M
Net income 146840.00M 132378.00M 93320.00M 69013.00M 91910.00M
Change in cash -32080.00000M 61158.00M -4034.00000M 7240.00M -7027.00000M
Begin period cash flow 362046.00M 300888.00M 304922.00M 297682.00M 304709.00M
End period cash flow 329966.00M 362046.00M 300888.00M 304922.00M 297682.00M
Total cash from operating activities 181702.00M 144489.00M 116309.00M 123641.00M 98569.00M
Issuance of capital stock - - - - -
Depreciation 57362.00M 50211.00M 47950.00M 49390.00M 45904.00M
Other cashflows from investing activities 52.00M 982.00M 171.00M 8.00M 19.00M
Dividends paid -34046.00000M -31076.00000M -30188.00000M -29820.00000M 26928.00M
Change to inventory -2230.00000M -14000.00000M -7607.00000M -5132.00000M 362.00M
Change to account receivables 44492.00M -10118.00000M -21058.00000M 12805.00M 23148.00M
Sale purchase of stock -18008.00000M - -33312.00000M -16701.00000M -28547.00000M
Other cashflows from financing activities -5573.00000M -5563.00000M -4797.00000M -45.00000M 430.00M
Change to netincome -32833.00000M -29010.00000M -7408.00000M -213.00000M -49253.00000M
Capital expenditures 65921.00M 58958.00M 57724.00M 59797.00M 59628.00M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital 10333.00M -9090.00000M -17553.00000M 5451.00M 10008.00M
Stock based compensation - - - - -
Other non cash items -32833.00000M -29010.00000M -7408.00000M -213.00000M -49253.00000M
Free cash flow 115781.00M 85531.00M 58585.00M 63844.00M 38941.00M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NDEKY
Nitto Denko Corp
0.37 2.33% 16.25 17.11 15.17 0.01 1.58 0.0094 0.05
LIN
Linde plc Ordinary Shares
0.04 0.0083% 422.31 33.77 28.90 6.56 5.42 7.03 18.92
AIQUF
L'Air Liquide S.A
- -% 164.92 29.39 24.69 3.41 3.97 3.87 15.91
AIQUY
Air Liquide SA ADR
-0.18 0.56% 32.17 30.34 23.04 3.63 3.77 3.88 15.62
SHW
Sherwin-Williams Co
-3.3883 0.97% 345.27 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction. In addition, it provides medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.

Nitto Denko Corp

Grand Front Osaka, Osaka, Japan, 530-0011

Key Executives

Name Title Year Born
Mr. Hideo Takasaki CEO, Pres, COO & Chairperson 1953
Mr. Yosuke Miki Sr. EVP, CTO, GM of Corp. Technology Sector & Director 1965
Mr. Nobuhiro Todokoro Representative Director & Sr. Exec. VP 1965
Mr. Yasuhiro Iseyama Exec. VP, CFO, GM of Corp. Accounting & Fin. Div., GM of Export Control Center and Director 1962
Kazuki Tsuchimoto Sr. VP, CIO, Deputy CTO and GM of Manufacturing & Production Engineering Division NA
Yasuhiro Hayashi VP and GM of Legal & Compliance Division NA
Toshihiko Takayanagi Exec. VP, GM of Sales Management Sector, GM of Taiwan Region NA
Mr. Yasuhito Ohwaki Sr. EVP & GM of Human Resource Management Division NA
Yukihiro Iizuka Exec. VP and GM of North & South American Region NA
Seiji Fujioka Exec. VP & GM of Human Life Solutions Sector NA

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