TNC vs NDSN

For growth investors, Nordson Corporation (NDSN) is the stronger pick with 3.

8% revenue growth year-over-year, versus -6. 5% for Tennant Company (TNC). Nordson Corporation (NDSN) offers the better valuation at 33. 4x trailing P/E (24. 9x forward), making it the more compelling value choice. Analysts rate Tennant Company (TNC) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Nordson Corporation (NDSN) is the cheapest at 33.

4x versus Tennant Company at 36. 9x. On forward P/E, Tennant Company is actually cheaper at 17. 4x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Nordson Corporation wins at 1. 68x versus Tennant Company's 3. 20x — a reasonable growth-adjusted valuation.

Over the past 5 years, Nordson Corporation (NDSN) delivered a total return of +42.

4%, compared to +8. 3% for Tennant Company (TNC). Over 10 years, the gap is even starker: NDSN returned +298. 2% versus TNC's +84. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Tennant Company (TNC) is the lower-risk stock at 0.

99β versus Nordson Corporation's 1. 05β — meaning NDSN is approximately 7% more volatile than TNC relative to the S&P 500. On balance sheet safety, Tennant Company (TNC) carries a lower debt/equity ratio of 57% versus 69% for Nordson Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Nordson Corporation (NDSN) is pulling ahead at 3.

8% versus -6. 5% for Tennant Company (TNC). On earnings-per-share growth, the picture is similar: Nordson Corporation grew EPS 4. 9% year-over-year, compared to -46. 1% for Tennant Company. Over a 3-year CAGR, TNC leads at 3. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Nordson Corporation (NDSN) is the more profitable company, earning 17.

4% net margin versus 3. 6% for Tennant Company — meaning it keeps 17. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NDSN leads at 25. 5% versus 6. 7% for TNC. At the gross margin level — before operating expenses — NDSN leads at 55. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Nordson Corporation (NDSN) is the more undervalued stock at a PEG of 1. 68x versus Tennant Company's 3. 20x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Tennant Company (TNC) trades at 17. 4x forward P/E versus 24. 9x for Nordson Corporation — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TNC: 60. 9% to $140. 00.

All stocks in this comparison pay dividends.

Tennant Company (TNC) offers the highest yield at 1. 4%, versus 1. 1% for Nordson Corporation (NDSN).

For long-horizon retirement investors, Nordson Corporation (NDSN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.

05), 1. 1% yield, +298. 2% 10Y return). Both have compounded well over 10 years (NDSN: +298. 2%, TNC: +84. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.