LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
122.35 USD
-0.89 (-0.72%)
122.35 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to LNN. 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.
LNN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of LNN (8.81%) is better than 75.38% of its industry peers.
With a decent Return On Equity value of 13.90%, LNN is doing good in the industry, outperforming 72.31% of the companies in the same industry.
LNN has a Return On Invested Capital of 10.24%. This is in the better half of the industry: LNN outperforms 73.08% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LNN is in line with the industry average of 10.46%.
| 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 Profit Margin of 10.95%. This is in the better half of the industry: LNN outperforms 76.92% of its industry peers.
LNN's Profit Margin has improved in the last couple of years.
LNN has a better Operating Margin (13.03%) than 63.85% of its industry peers.
In the last couple of years the Operating Margin of LNN has grown nicely.
With a Gross Margin value of 31.16%, LNN perfoms like the industry average, outperforming 50.77% of the companies in the same industry.
In the last couple of years the Gross Margin of LNN has remained more or less at the same level.
| 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.
Compared to 1 year ago, LNN has less shares outstanding
The number of shares outstanding for LNN remains at a similar level compared to 5 years ago.
The debt/assets ratio for LNN has been reduced compared to a year ago.
2.2 Solvency
LNN has an Altman-Z score of 5.49. This indicates that LNN is financially healthy and has little risk of bankruptcy at the moment.
LNN has a better Altman-Z score (5.49) than 80.00% of its industry peers.
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 84.62% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that LNN is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.22, LNN is in the better half of the industry, outperforming 70.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.27 | ||
| Altman-Z | 5.49 |
ROIC/WACC1.11
WACC9.27%
2.3 Liquidity
A Current Ratio of 3.71 indicates that LNN has no problem at all paying its short term obligations.
LNN has a better Current ratio (3.71) than 86.15% of its industry peers.
A Quick Ratio of 2.76 indicates that LNN has no problem at all paying 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.
The Revenue has grown by 11.41% in the past year. This is quite good.
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
The Earnings Per Share is expected to grow by 8.43% on average over the next years. This is quite good.
LNN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.84% yearly.
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 3Y4.13%
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
A Price/Earnings ratio of 18.05 indicates a rather expensive valuation of LNN.
Based on the Price/Earnings ratio, LNN is valued a bit cheaper than 76.92% of the companies in the same industry.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (26.54), we can say LNN is valued slightly cheaper.
A Price/Forward Earnings ratio of 19.45 indicates a rather expensive valuation of LNN.
LNN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.78. LNN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 19.45 |
4.2 Price Multiples
LNN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LNN is cheaper than 74.62% of the companies 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 | 14.33 | ||
| EV/EBITDA | 10.73 |
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)1.31
EPS Next 2Y2.55%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.25%, LNN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.79, LNN pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.25, LNN pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
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 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
LNN pays out 21.27% of its income as dividend. This is a 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%
122.35
-0.89 (-0.72%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners105.65%
Inst Owner Change0.19%
Ins Owners0.7%
Ins Owner Change2.83%
Market Cap1.30B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (5.88%)
Short Float %3.26%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
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%
EPS NY rev (3m)-3.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 19.45 | ||
| P/S | 1.92 | ||
| P/FCF | 14.33 | ||
| P/OCF | 9.75 | ||
| P/B | 2.43 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 10.73 |
EPS(TTM)6.78
EY5.54%
EPS(NY)6.29
Fwd EY5.14%
FCF(TTM)8.54
FCFY6.98%
OCF(TTM)12.55
OCFY10.26%
SpS63.87
BVpS50.32
TBVpS40.14
PEG (NY)N/A
PEG (5Y)1.31
Graham Number87.61
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 | 5.49 |
F-Score7
WACC9.27%
ROIC/WACC1.11
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 3Y4.13%
Revenue Next 5Y4.84%
EBIT growth 1Y15.03%
EBIT growth 3Y-2.34%
EBIT growth 5Y10.7%
EBIT Next Year12%
EBIT Next 3Y14.03%
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 6 / 10 to LNN.
Can you provide the valuation status for LINDSAY CORP?
ChartMill assigns a valuation rating of 4 / 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%.