Is Nitto Denko Corporation stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nitto Denko Corporation pays dividends. Last time was Monday 11th of December 2023 where the investors holding the stock on Thursday 28th of September 2023 were paid $0.29506 per share. Over the last 3 times between 2022 and 2023, Nitto Denko Corporation has paid $0.90637 with an average of $0.3 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nitto Denko Corporation 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $23.76, you would have made a profit of $14.74 per share or 62.01%
No, the average daily trading liquidity for Nitto Denko Corporation is $14 666 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nitto Denko Corporation has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 18.46, the company's ability to pay off the debt is good. Nitto Denko Corporation has a good net profit margin of 11.22% and should have high tolerances against inflation.
We have calculated the inflation risk for Nitto Denko Corporation to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.