Nitto Denko (OTCMKTS:NDEKY – Get Free Report) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it compare to its peers? We will compare Nitto Denko to similar businesses based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.
Valuation and Earnings
This table compares Nitto Denko and its peers gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Nitto Denko | $6.83 billion | $886.83 million | 16.60 |
| Nitto Denko Competitors | $8.56 billion | $1.79 billion | 57.41 |
Nitto Denko’s peers have higher revenue and earnings than Nitto Denko. Nitto Denko is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
Profitability
This table compares Nitto Denko and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nitto Denko | 12.94% | 12.35% | 9.83% |
| Nitto Denko Competitors | -215.14% | -121.66% | -3.05% |
Dividends
Nitto Denko pays an annual dividend of $0.22 per share and has a dividend yield of 1.0%. Nitto Denko pays out 16.8% of its earnings in the form of a dividend. As a group, “Semiconductors & Semiconductor Equipment” companies pay a dividend yield of 0.8% and pay out 35.5% of their earnings in the form of a dividend. Nitto Denko is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Risk and Volatility
Nitto Denko has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Nitto Denko’s peers have a beta of 1.99, meaning that their average share price is 99% more volatile than the S&P 500.
Analyst Ratings
This is a summary of recent ratings for Nitto Denko and its peers, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nitto Denko | 0 | 1 | 0 | 0 | 2.00 |
| Nitto Denko Competitors | 3352 | 11950 | 25060 | 932 | 2.57 |
As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 9.69%. Given Nitto Denko’s peers stronger consensus rating and higher probable upside, analysts plainly believe Nitto Denko has less favorable growth aspects than its peers.
Summary
Nitto Denko peers beat Nitto Denko on 10 of the 15 factors compared.
About Nitto Denko
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.
Receive News & Ratings for Nitto Denko Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nitto Denko and related companies with MarketBeat.com's FREE daily email newsletter.
