LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
118.55 USD
+1.47 (+1.26%)
118.55 USD
0 (0%)
Taking everything into account, LNN scores 7 out of 10 in our fundamental rating. LNN was compared to 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.
In the past year LNN had a positive cash flow from operations.
LNN had positive earnings in each of the past 5 years.
Each year in the past 5 years LNN had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.81%, LNN is doing good in the industry, outperforming 77.69% of the companies in the same industry.
The Return On Equity of LNN (13.90%) is better than 74.62% of its industry peers.
With a decent Return On Invested Capital value of 10.24%, LNN is doing good in the industry, outperforming 73.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for LNN is in line with the industry average of 10.39%.
| 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's Profit Margin of 10.95% is fine compared to the rest of the industry. LNN outperforms 80.00% of its industry peers.
LNN's Profit Margin has improved in the last couple of years.
LNN's Operating Margin of 13.03% is fine compared to the rest of the industry. LNN outperforms 64.62% of its industry peers.
In the last couple of years the Operating Margin of LNN has grown nicely.
LNN has a Gross Margin of 31.16%. This is comparable to the rest of the industry: LNN outperforms 50.77% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LNN is still creating some value.
The number of shares outstanding for LNN has been reduced compared to 1 year ago.
Compared to 5 years ago, LNN has about the same amount of shares outstanding.
The debt/assets ratio for LNN has been reduced compared to a year ago.
2.2 Solvency
LNN has an Altman-Z score of 5.41. This indicates that LNN is financially healthy and has little risk of 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.
LNN's Debt to FCF ratio of 1.27 is amongst the best of the industry. LNN outperforms 86.15% of its industry peers.
LNN has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
LNN has a better Debt to Equity ratio (0.22) than 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.27 | ||
| Altman-Z | 5.41 |
ROIC/WACC1.13
WACC9.1%
2.3 Liquidity
LNN has a Current Ratio of 3.71. This indicates that LNN is financially healthy and has no problem in meeting its short term obligations.
LNN has a better Current ratio (3.71) than 85.38% of its industry peers.
A Quick Ratio of 2.76 indicates that LNN has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.76, LNN belongs to the best of the industry, outperforming 86.15% of the companies in the same industry.
| 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.
Measured over the past years, LNN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.75% on average per year.
Looking at the last year, LNN shows a quite strong growth in Revenue. The Revenue has grown by 11.41% in the last year.
The Revenue has been growing slightly by 7.34% on average over the past years.
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.
The Revenue is expected to grow by 4.84% on average over the next years.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 17.49, LNN is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of LNN indicates a somewhat cheap valuation: LNN is cheaper than 76.15% of the companies listed in the same industry.
LNN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.37.
The Price/Forward Earnings ratio is 18.85, which indicates a rather expensive current valuation of LNN.
LNN's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of LNN to the average of the S&P500 Index (36.20), we can say LNN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 18.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LNN is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LNN is valued cheaply inside the industry as 83.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.16 | ||
| 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)1.27
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.
With a Dividend Yield of 1.27, LNN pays less dividend than the S&P500 average, which is at 2.32.
| 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 paid a dividend for at least 10 years, which is a reliable track record.
LNN has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
LNN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP21.27%
EPS Next 2Y2.55%
EPS Next 3Y6.94%
118.55
+1.47 (+1.26%)
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 Cap1.28B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (9.27%)
Short Float %3.26%
Short Ratio2.25
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)0%
PT rev (3m)-16.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.31%
EPS NY rev (1m)0.23%
EPS NY rev (3m)-3.09%
Revenue NQ rev (1m)-3.48%
Revenue NQ rev (3m)-7.81%
Revenue NY rev (1m)-2.1%
Revenue NY rev (3m)-2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 18.85 | ||
| P/S | 1.89 | ||
| P/FCF | 14.16 | ||
| P/OCF | 9.63 | ||
| P/B | 2.4 | ||
| P/tB | 3.01 | ||
| EV/EBITDA | 10.36 |
EPS(TTM)6.78
EY5.72%
EPS(NY)6.29
Fwd EY5.3%
FCF(TTM)8.37
FCFY7.06%
OCF(TTM)12.31
OCFY10.38%
SpS62.63
BVpS49.34
TBVpS39.36
PEG (NY)N/A
PEG (5Y)1.27
Graham Number86.76
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
WACC9.1%
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%.