LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
114.93 USD
-1.52 (-1.31%)
114.93 USD
0 (0%)
LNN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. LNN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. LNN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year LNN was profitable.
LNN had a positive operating cash flow in the past year.
In the past 5 years LNN has always been profitable.
LNN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LNN has a better Return On Assets (8.81%) than 77.69% of its industry peers.
The Return On Equity of LNN (13.90%) is better than 74.62% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.24%, LNN is in the better half of the industry, outperforming 73.85% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LNN is in line with the industry average of 10.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 13.9% | ||
| ROIC | 10.24% |
ROA(3y)9.08%
ROA(5y)8.63%
ROE(3y)14.52%
ROE(5y)14.56%
ROIC(3y)11.21%
ROIC(5y)11.27%
1.3 Margins
LNN has a better Profit Margin (10.95%) than 80.00% of its industry peers.
LNN's Profit Margin has improved in the last couple of years.
The Operating Margin of LNN (13.03%) is better than 64.62% of its industry peers.
In the last couple of years the Operating Margin of LNN has grown nicely.
Looking at the Gross Margin, with a value of 31.16%, LNN is in line with its industry, outperforming 50.77% of the companies in the same industry.
LNN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.03% | ||
| PM (TTM) | 10.95% | ||
| GM | 31.16% |
OM growth 3Y2.01%
OM growth 5Y3.14%
PM growth 3Y8.81%
PM growth 5Y6.13%
GM growth 3Y6.43%
GM growth 5Y-0.45%
2. Health
2.1 Basic Checks
LNN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
LNN has less shares outstanding than it did 1 year ago.
LNN has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, LNN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.41 indicates that LNN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.41, LNN belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
LNN has a debt to FCF ratio of 1.27. This is a very positive value and a sign of high solvency as it would only need 1.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.27, LNN belongs to the top of the industry, outperforming 86.15% of the companies in the same industry.
LNN has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.22, LNN is doing good in the industry, outperforming 72.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.27 | ||
| Altman-Z | 5.41 |
ROIC/WACC1.13
WACC9.04%
2.3 Liquidity
A Current Ratio of 3.71 indicates that LNN has no problem at all paying its short term obligations.
The Current ratio of LNN (3.71) is better than 85.38% of its industry peers.
LNN has a Quick Ratio of 2.76. This indicates that LNN is financially healthy and has no problem in meeting its short term obligations.
LNN has a Quick ratio of 2.76. This is amongst the best in the industry. LNN outperforms 86.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
LNN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.62%, which is quite good.
The Earnings Per Share has been growing by 13.75% on average over the past years. This is quite good.
Looking at the last year, LNN shows a quite strong growth in Revenue. The Revenue has grown by 11.41% in the last year.
LNN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.34% yearly.
EPS 1Y (TTM)12.62%
EPS 3Y4.51%
EPS 5Y13.75%
EPS Q2Q%-15.38%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y-4.26%
Revenue growth 5Y7.34%
Sales Q2Q%-0.93%
3.2 Future
LNN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.43% yearly.
Based on estimates for the next years, LNN will show a small growth in Revenue. The Revenue will grow by 4.84% on average per year.
EPS Next Y-7.24%
EPS Next 2Y2.55%
EPS Next 3Y6.94%
EPS Next 5Y8.43%
Revenue Next Year-3.12%
Revenue Next 2Y2.07%
Revenue Next 3Y4.11%
Revenue Next 5Y4.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.95, the valuation of LNN can be described as correct.
76.15% of the companies in the same industry are more expensive than LNN, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (26.31), we can say LNN is valued slightly cheaper.
LNN is valuated rather expensively with a Price/Forward Earnings ratio of 18.27.
The rest of the industry has a similar Price/Forward Earnings ratio as LNN.
When comparing the Price/Forward Earnings ratio of LNN to the average of the S&P500 Index (36.59), we can say LNN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.95 | ||
| Fwd PE | 18.27 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LNN indicates a somewhat cheap valuation: LNN is cheaper than 73.08% of the companies listed in the same industry.
LNN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LNN is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.8 | ||
| EV/EBITDA | 10.36 |
4.3 Compensation for Growth
LNN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.23
EPS Next 2Y2.55%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.27%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.90, LNN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, LNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
The dividend of LNN has a limited annual growth rate of 2.93%.
LNN has been paying a dividend for at least 10 years, so it has a reliable track record.
LNN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.93%
Div Incr Years22
Div Non Decr Years28
5.3 Sustainability
21.27% of the earnings are spent on dividend by LNN. This is a low number and sustainable payout ratio.
The dividend of LNN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.27%
EPS Next 2Y2.55%
EPS Next 3Y6.94%
114.93
-1.52 (-1.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners103.05%
Inst Owner Change0.19%
Ins Owners0.66%
Ins Owner Change2.75%
Market Cap1.24B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (12.71%)
Short Float %2.72%
Short Ratio2.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly Dividend1.45
Dividend Growth(5Y)2.93%
DP21.27%
Div Incr Years22
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.27%
Min EPS beat(2)-10.89%
Max EPS beat(2)25.44%
EPS beat(4)3
Avg EPS beat(4)13.41%
Min EPS beat(4)-10.89%
Max EPS beat(4)27.65%
EPS beat(8)7
Avg EPS beat(8)16.82%
EPS beat(12)10
Avg EPS beat(12)16.98%
EPS beat(16)13
Avg EPS beat(16)15.46%
Revenue beat(2)1
Avg Revenue beat(2)1.59%
Min Revenue beat(2)-3.11%
Max Revenue beat(2)6.28%
Revenue beat(4)2
Avg Revenue beat(4)1.15%
Min Revenue beat(4)-3.11%
Max Revenue beat(4)6.28%
Revenue beat(8)3
Avg Revenue beat(8)-1.19%
Revenue beat(12)4
Avg Revenue beat(12)-3.35%
Revenue beat(16)8
Avg Revenue beat(16)-0.04%
PT rev (1m)-16.99%
PT rev (3m)-16.99%
EPS NQ rev (1m)-13.31%
EPS NQ rev (3m)-13.31%
EPS NY rev (1m)0.23%
EPS NY rev (3m)-3.09%
Revenue NQ rev (1m)-7.81%
Revenue NQ rev (3m)-7.81%
Revenue NY rev (1m)-2.1%
Revenue NY rev (3m)-2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.95 | ||
| Fwd PE | 18.27 | ||
| P/S | 1.85 | ||
| P/FCF | 13.8 | ||
| P/OCF | 9.39 | ||
| P/B | 2.34 | ||
| P/tB | 2.94 | ||
| EV/EBITDA | 10.36 |
EPS(TTM)6.78
EY5.9%
EPS(NY)6.29
Fwd EY5.47%
FCF(TTM)8.33
FCFY7.24%
OCF(TTM)12.24
OCFY10.65%
SpS62.28
BVpS49.07
TBVpS39.14
PEG (NY)N/A
PEG (5Y)1.23
Graham Number86.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 13.9% | ||
| ROCE | 12.64% | ||
| ROIC | 10.24% | ||
| ROICexc | 15.99% | ||
| ROICexgc | 21.08% | ||
| OM | 13.03% | ||
| PM (TTM) | 10.95% | ||
| GM | 31.16% | ||
| FCFM | 13.37% |
ROA(3y)9.08%
ROA(5y)8.63%
ROE(3y)14.52%
ROE(5y)14.56%
ROIC(3y)11.21%
ROIC(5y)11.27%
ROICexc(3y)16.23%
ROICexc(5y)15.77%
ROICexgc(3y)21.53%
ROICexgc(5y)20.65%
ROCE(3y)13.83%
ROCE(5y)13.91%
ROICexgc growth 3Y-1.47%
ROICexgc growth 5Y2.95%
ROICexc growth 3Y-3.32%
ROICexc growth 5Y4.02%
OM growth 3Y2.01%
OM growth 5Y3.14%
PM growth 3Y8.81%
PM growth 5Y6.13%
GM growth 3Y6.43%
GM growth 5Y-0.45%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.27 | ||
| Debt/EBITDA | 1.05 | ||
| Cap/Depr | 203.37% | ||
| Cap/Sales | 6.28% | ||
| Interest Coverage | 48.29 | ||
| Cash Conversion | 121.91% | ||
| Profit Quality | 122.09% | ||
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.76 | ||
| Altman-Z | 5.41 |
F-Score7
WACC9.04%
ROIC/WACC1.13
Cap/Depr(3y)145.82%
Cap/Depr(5y)130.54%
Cap/Sales(3y)4.62%
Cap/Sales(5y)4.11%
Profit Quality(3y)120.75%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.62%
EPS 3Y4.51%
EPS 5Y13.75%
EPS Q2Q%-15.38%
EPS Next Y-7.24%
EPS Next 2Y2.55%
EPS Next 3Y6.94%
EPS Next 5Y8.43%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y-4.26%
Revenue growth 5Y7.34%
Sales Q2Q%-0.93%
Revenue Next Year-3.12%
Revenue Next 2Y2.07%
Revenue Next 3Y4.11%
Revenue Next 5Y4.84%
EBIT growth 1Y15.03%
EBIT growth 3Y-2.34%
EBIT growth 5Y10.7%
EBIT Next Year13.81%
EBIT Next 3Y14.45%
EBIT Next 5Y13.7%
FCF growth 1Y35.39%
FCF growth 3YN/A
FCF growth 5Y29.74%
OCF growth 1Y38.79%
OCF growth 3Y253.84%
OCF growth 5Y23.64%
LINDSAY CORP / LNN FAQ
What is the fundamental rating for LNN stock?
ChartMill assigns a fundamental rating of 7 / 10 to LNN.
Can you provide the valuation status for LINDSAY CORP?
ChartMill assigns a valuation rating of 5 / 10 to LINDSAY CORP (LNN). This can be considered as Fairly Valued.
How profitable is LINDSAY CORP (LNN) stock?
LINDSAY CORP (LNN) has a profitability rating of 7 / 10.
Can you provide the financial health for LNN stock?
The financial health rating of LINDSAY CORP (LNN) is 9 / 10.
Is the dividend of LINDSAY CORP sustainable?
The dividend rating of LINDSAY CORP (LNN) is 6 / 10 and the dividend payout ratio is 21.27%.