LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - NYSE:LNN - US5355551061 - Common Stock
112.29 USD
+0.12 (+0.11%)
116.22 USD
+3.93 (+3.5%)
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 an excellent financial health rating, but there are some minor concerns on its profitability. LNN has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
Of the past 5 years LNN 4 years were profitable.
LNN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
LNN has a better Return On Assets (9.04%) than 76.15% of its industry peers.
With a decent Return On Equity value of 14.37%, LNN is doing good in the industry, outperforming 73.85% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.19%, LNN is in the better half of the industry, outperforming 71.54% of the companies in the same industry.
LNN had an Average Return On Invested Capital over the past 3 years of 11.96%. This is in line with the industry average of 10.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.04% | ||
| ROE | 14.37% | ||
| ROIC | 10.19% |
ROA(3y)9.21%
ROA(5y)8.22%
ROE(3y)15.44%
ROE(5y)14.37%
ROIC(3y)11.96%
ROIC(5y)10.63%
1.3 Margins
LNN has a better Profit Margin (11.21%) than 80.00% of its industry peers.
In the last couple of years the Profit Margin of LNN has grown nicely.
With a decent Operating Margin value of 13.32%, LNN is doing good in the industry, outperforming 65.38% of the companies in the same industry.
In the last couple of years the Operating Margin of LNN has grown nicely.
LNN has a Gross Margin (31.24%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of LNN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.32% | ||
| PM (TTM) | 11.21% | ||
| GM | 31.24% |
OM growth 3Y9.81%
OM growth 5Y55.82%
PM growth 3Y13.29%
PM growth 5Y85.61%
GM growth 3Y5.95%
GM growth 5Y4.05%
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.
There is no outstanding debt for LNN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.30 indicates that LNN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.30, LNN is in the better half of the industry, outperforming 79.23% of the companies in the same industry.
LNN has a debt to FCF ratio of 1.30. This is a very positive value and a sign of high solvency as it would only need 1.30 years to pay back of all of its debts.
LNN has a better Debt to FCF ratio (1.30) than 83.85% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that LNN is not too dependend on debt financing.
LNN has a better Debt to Equity ratio (0.22) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.3 | ||
| Altman-Z | 5.3 |
ROIC/WACC1.09
WACC9.31%
2.3 Liquidity
A Current Ratio of 3.64 indicates that LNN has no problem at all paying its short term obligations.
The Current ratio of LNN (3.64) is better than 86.15% of its industry peers.
LNN has a Quick Ratio of 2.64. This indicates that LNN is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.64, LNN belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.64 | ||
| Quick Ratio | 2.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.62% over the past year.
The Earnings Per Share has been growing by 13.75% on average over the past years. This is quite good.
EPS 1Y (TTM)12.62%
EPS 3Y4.51%
EPS 5Y13.75%
EPS Q2Q%-15.38%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.93%
3.2 Future
Based on estimates for the next years, LNN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.84% on average per year.
LNN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.07% yearly.
EPS Next Y-7.45%
EPS Next 2Y1.38%
EPS Next 3Y6.94%
EPS Next 5Y8.84%
Revenue Next Year-1.04%
Revenue Next 2Y1.74%
Revenue Next 3Y4.13%
Revenue Next 5Y5.07%
3.3 Evolution
The EPS 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
With a Price/Earnings ratio of 16.56, LNN is valued correctly.
Based on the Price/Earnings ratio, LNN is valued a bit cheaper than 76.92% of the companies in the same industry.
LNN is valuated rather cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.90, the valuation of LNN can be described as rather expensive.
LNN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LNN is cheaper than 61.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.27. LNN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.56 | ||
| Fwd PE | 17.9 |
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 cheaper than 81.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.81 | ||
| EV/EBITDA | 9.96 |
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)1.2
EPS Next 2Y1.38%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.34%.
Compared to an average industry Dividend Yield of 1.82, LNN pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.34, LNN pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
The dividend of LNN has a limited annual growth rate of 2.67%.
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)2.67%
Div Incr Years22
Div Non Decr Years28
5.3 Sustainability
20.58% 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.
DP20.58%
EPS Next 2Y1.38%
EPS Next 3Y6.94%
112.29
+0.12 (+0.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners103.05%
Inst Owner Change0.55%
Ins Owners0.66%
Ins Owner Change1.96%
Market Cap1.22B
Revenue(TTM)N/A
Net Income(TTM)75.98M
Analysts75
Price Target129.54 (15.36%)
Short Float %3.27%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend1.42
Dividend Growth(5Y)2.67%
DP20.58%
Div Incr Years22
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.54%
Min EPS beat(2)25.44%
Max EPS beat(2)27.65%
EPS beat(4)4
Avg EPS beat(4)19.73%
Min EPS beat(4)11.43%
Max EPS beat(4)27.65%
EPS beat(8)8
Avg EPS beat(8)25.01%
EPS beat(12)11
Avg EPS beat(12)18.92%
EPS beat(16)13
Avg EPS beat(16)14.02%
Revenue beat(2)2
Avg Revenue beat(2)5.37%
Min Revenue beat(2)4.46%
Max Revenue beat(2)6.28%
Revenue beat(4)3
Avg Revenue beat(4)3.3%
Min Revenue beat(4)-3.03%
Max Revenue beat(4)6.28%
Revenue beat(8)4
Avg Revenue beat(8)-0.19%
Revenue beat(12)5
Avg Revenue beat(12)-2.74%
Revenue beat(16)9
Avg Revenue beat(16)0.6%
PT rev (1m)-16.99%
PT rev (3m)-16.99%
EPS NQ rev (1m)-1.12%
EPS NQ rev (3m)-1.12%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.56 | ||
| Fwd PE | 17.9 | ||
| P/S | 1.8 | ||
| P/FCF | 13.81 | ||
| P/OCF | 10 | ||
| P/B | 2.31 | ||
| P/tB | 2.9 | ||
| EV/EBITDA | 9.96 |
EPS(TTM)6.78
EY6.04%
EPS(NY)6.27
Fwd EY5.59%
FCF(TTM)8.13
FCFY7.24%
OCF(TTM)11.23
OCFY10%
SpS62.41
BVpS48.69
TBVpS38.74
PEG (NY)N/A
PEG (5Y)1.2
Graham Number86.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.04% | ||
| ROE | 14.37% | ||
| ROCE | 13.08% | ||
| ROIC | 10.19% | ||
| ROICexc | 14.66% | ||
| ROICexgc | 18.92% | ||
| OM | 13.32% | ||
| PM (TTM) | 11.21% | ||
| GM | 31.24% | ||
| FCFM | 13.02% |
ROA(3y)9.21%
ROA(5y)8.22%
ROE(3y)15.44%
ROE(5y)14.37%
ROIC(3y)11.96%
ROIC(5y)10.63%
ROICexc(3y)16.14%
ROICexc(5y)14.6%
ROICexgc(3y)21%
ROICexgc(5y)19.3%
ROCE(3y)15.35%
ROCE(5y)13.64%
ROICexgc growth 3Y3.82%
ROICexgc growth 5Y50.04%
ROICexc growth 3Y4%
ROICexc growth 5Y52.47%
OM growth 3Y9.81%
OM growth 5Y55.82%
PM growth 3Y13.29%
PM growth 5Y85.61%
GM growth 3Y5.95%
GM growth 5Y4.05%
F-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.3 | ||
| Debt/EBITDA | 1.03 | ||
| Cap/Depr | 160.03% | ||
| Cap/Sales | 4.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 109.54% | ||
| Profit Quality | 116.2% | ||
| Current Ratio | 3.64 | ||
| Quick Ratio | 2.64 | ||
| Altman-Z | 5.3 |
F-Score5
WACC9.31%
ROIC/WACC1.09
Cap/Depr(3y)103.78%
Cap/Depr(5y)111.93%
Cap/Sales(3y)3.2%
Cap/Sales(5y)3.75%
Profit Quality(3y)N/A
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-7.45%
EPS Next 2Y1.38%
EPS Next 3Y6.94%
EPS Next 5Y8.84%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.93%
Revenue Next Year-1.04%
Revenue Next 2Y1.74%
Revenue Next 3Y4.13%
Revenue Next 5Y5.07%
EBIT growth 1Y4.38%
EBIT growth 3Y12.29%
EBIT growth 5Y65.88%
EBIT Next Year44.86%
EBIT Next 3Y13.83%
EBIT Next 5Y14.58%
FCF growth 1Y25.4%
FCF growth 3Y56.27%
FCF growth 5YN/A
OCF growth 1Y40.05%
OCF growth 3Y29.59%
OCF growth 5Y90.67%
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 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 6 / 10.
Can you provide the financial health for LNN stock?
The financial health rating of LINDSAY CORP (LNN) is 8 / 10.
Is the dividend of LINDSAY CORP sustainable?
The dividend rating of LINDSAY CORP (LNN) is 6 / 10 and the dividend payout ratio is 20.58%.