LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
118.88 USD
+0.91 (+0.77%)
118.88 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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LNN has a correct valuation and a medium growth rate.
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.
In the past 5 years LNN has always been profitable.
Each year in the past 5 years LNN had a positive operating cash flow.
1.2 Ratios
LNN has a better Return On Assets (8.81%) than 75.38% of its industry peers.
Looking at the Return On Equity, with a value of 13.90%, LNN is in the better half of the industry, outperforming 72.31% of the companies in the same industry.
LNN has a better Return On Invested Capital (10.24%) than 73.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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.
LNN has a Gross Margin (31.16%) which is comparable to the rest of the 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.
The number of shares outstanding for LNN has been reduced compared to 1 year ago.
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
LNN has an Altman-Z score of 5.40. This indicates that LNN is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.40, LNN is doing good in the industry, outperforming 80.00% 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 84.62% 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.
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 | 5.4 |
ROIC/WACC1.12
WACC9.17%
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 86.15% 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 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
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
Based on estimates for the next years, LNN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.43% on average per year.
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 3Y4.13%
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 17.53, the valuation of LNN can be described as rather expensive.
LNN's Price/Earnings ratio is a bit cheaper when compared to the industry. LNN is cheaper than 77.69% of the companies in the same industry.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (26.49), we can say LNN is valued slightly cheaper.
The Price/Forward Earnings ratio is 18.90, which indicates a rather expensive current valuation of LNN.
LNN's Price/Forward Earnings is on the same level as the industry average.
LNN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.53 | ||
| Fwd PE | 18.9 |
4.2 Price Multiples
LNN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LNN is cheaper than 76.15% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LNN is valued cheaper than 83.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.92 | ||
| EV/EBITDA | 10.3 |
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)1.28
EPS Next 2Y2.55%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.25%.
LNN's Dividend Yield is a higher than the industry average which is at 1.84.
With a Dividend Yield of 1.25, LNN pays less dividend than the S&P500 average, which is at 2.31.
| 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 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%
118.88
+0.91 (+0.77%)
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 Cap1.26B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (8.97%)
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 | 17.53 | ||
| Fwd PE | 18.9 | ||
| P/S | 1.86 | ||
| P/FCF | 13.92 | ||
| P/OCF | 9.47 | ||
| P/B | 2.36 | ||
| P/tB | 2.96 | ||
| EV/EBITDA | 10.3 |
EPS(TTM)6.78
EY5.7%
EPS(NY)6.29
Fwd EY5.29%
FCF(TTM)8.54
FCFY7.18%
OCF(TTM)12.55
OCFY10.56%
SpS63.87
BVpS50.32
TBVpS40.14
PEG (NY)N/A
PEG (5Y)1.28
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 | 5.4 |
F-Score7
WACC9.17%
ROIC/WACC1.12
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 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%.