LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - NYSE:LNN - US5355551061 - Common Stock
112.4 USD
+0.93 (+0.83%)
112.4 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to LNN. LNN was compared to 130 industry peers in the Machinery industry. LNN gets an excellent profitability rating and is at the same time showing great financial health properties. 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 76.15% of its industry peers.
LNN has a Return On Equity of 13.90%. This is in the better half of the industry: LNN outperforms 73.08% 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 72.31% 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 10.27%.
| 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 79.23% of its industry peers.
LNN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.03%, LNN is in the better half of the industry, outperforming 64.62% of the companies in the same industry.
LNN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 31.16%, LNN is in line with its industry, outperforming 50.00% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LNN is creating some value.
Compared to 1 year ago, LNN has less shares outstanding
LNN has about the same amout of shares outstanding than it did 5 years ago.
LNN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.32 indicates that LNN is not in any danger for bankruptcy at the moment.
LNN has a Altman-Z score of 5.32. This is amongst the best in the industry. LNN outperforms 80.77% of its industry peers.
The Debt to FCF ratio of LNN is 1.27, which is an excellent value as it means it would take LNN, only 1.27 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LNN (1.27) is better than 85.38% 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.
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 | 5.32 |
ROIC/WACC1.11
WACC9.22%
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 86.92% 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 better Quick ratio (2.76) than 86.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.62% over the past year.
LNN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.75% yearly.
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.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
LNN is valuated correctly with a Price/Earnings ratio of 16.58.
Compared to the rest of the industry, the Price/Earnings ratio of LNN indicates a somewhat cheap valuation: LNN is cheaper than 77.69% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (26.35), we can say LNN is valued slightly cheaper.
With a Price/Forward Earnings ratio of 17.87, LNN is valued on the expensive side.
Based on the Price/Forward Earnings ratio, LNN is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.72, LNN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.58 | ||
| Fwd PE | 17.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LNN is valued a bit cheaper than the industry average as 76.15% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LNN is valued cheaply inside the industry as 83.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.5 | ||
| EV/EBITDA | 9.95 |
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)1.21
EPS Next 2Y2.55%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.85, LNN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, LNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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
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%
112.4
+0.93 (+0.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners103.05%
Inst Owner Change0.05%
Ins Owners0.66%
Ins Owner Change2.57%
Market Cap1.22B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (15.25%)
Short Float %3.27%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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)-3.09%
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 | 16.58 | ||
| Fwd PE | 17.87 | ||
| P/S | 1.8 | ||
| P/FCF | 13.5 | ||
| P/OCF | 9.18 | ||
| P/B | 2.29 | ||
| P/tB | 2.87 | ||
| EV/EBITDA | 9.95 |
EPS(TTM)6.78
EY6.03%
EPS(NY)6.29
Fwd EY5.6%
FCF(TTM)8.33
FCFY7.41%
OCF(TTM)12.24
OCFY10.89%
SpS62.28
BVpS49.07
TBVpS39.14
PEG (NY)N/A
PEG (5Y)1.21
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 | 5.32 |
F-Score7
WACC9.22%
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 3Y4.11%
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%.