Nitto Denko (OTCMKTS:NDEKY – Get Free Report) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it weigh in compared to its peers? We will compare Nitto Denko to related companies based on the strength of its institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.
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 0.9% and pay out 34.9% 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.
Analyst Ratings
This is a summary of recent ratings and recommmendations for Nitto Denko and its peers, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nitto Denko | 0 | 1 | 0 | 0 | 2.00 |
| Nitto Denko Competitors | 3379 | 12019 | 25208 | 950 | 2.57 |
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% | 12.13% | 9.66% |
| Nitto Denko Competitors | -244.98% | -123.32% | -4.47% |
Earnings and Valuation
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 | 16.86 |
| Nitto Denko Competitors | $11.36 billion | $1.79 billion | 45.38 |
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.
Insider and Institutional Ownership
54.6% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by institutional investors. 12.0% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Risk and Volatility
Nitto Denko has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500. Comparatively, Nitto Denko’s peers have a beta of 3.10, indicating that their average stock price is 210% more volatile than the S&P 500.
Summary
Nitto Denko peers beat Nitto Denko on 10 of the 15 factors compared.
Nitto Denko Company 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.
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