LINDSAY CORP (LNN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
116.45 USD
-1.42 (-1.2%)
116.45 USD
0 (0%)
LNN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LNN had positive earnings in the past year.
In the past year LNN had a positive cash flow from operations.
LNN had positive earnings in each of the past 5 years.
In the past 5 years LNN always reported a positive cash flow from operatings.
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.
LNN has a Return On Equity of 13.90%. This is in the better half of the industry: LNN outperforms 74.62% of its industry peers.
LNN has a better Return On Invested Capital (10.24%) than 73.85% 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 10.34%.
| 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 80.00% 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 64.62% of its industry peers.
LNN's Operating Margin has improved in the last couple of years.
LNN's Gross Margin of 31.16% is in line compared to the rest of the industry. LNN outperforms 50.77% of its industry peers.
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.
LNN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for LNN remains at a similar level compared to 5 years ago.
Compared to 1 year ago, LNN has an improved debt to assets ratio.
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.
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.
With an excellent Debt to FCF ratio value of 1.27, LNN belongs to the best of the industry, outperforming 86.15% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that LNN is not too dependend on debt financing.
LNN has a Debt to Equity ratio of 0.22. This is in the better half of the industry: LNN outperforms 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
WACC9.03%
2.3 Liquidity
A Current Ratio of 3.71 indicates that LNN has no problem at all paying its short term obligations.
LNN's Current ratio of 3.71 is amongst the best of the industry. LNN outperforms 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 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.
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.
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 3Y4.11%
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
Based on the Price/Earnings ratio of 17.18, the valuation of LNN can be described as rather expensive.
76.15% of the companies in the same industry are more expensive than LNN, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (26.15), we can say LNN is valued slightly cheaper.
LNN is valuated rather expensively with a Price/Forward Earnings ratio of 18.52.
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 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.18 | ||
| Fwd PE | 18.52 |
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.
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 | 13.99 | ||
| 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)1.25
EPS Next 2Y2.55%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.35%.
LNN's Dividend Yield is a higher than the industry average which is at 1.97.
Compared to an average S&P500 Dividend Yield of 2.41, LNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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.
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%
116.45
-1.42 (-1.2%)
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 Cap1.26B
Revenue(TTM)676.37M
Net Income(TTM)74.05M
Analysts75
Price Target129.54 (11.24%)
Short Float %2.72%
Short Ratio2.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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)0.23%
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 | 17.18 | ||
| Fwd PE | 18.52 | ||
| P/S | 1.87 | ||
| P/FCF | 13.99 | ||
| P/OCF | 9.52 | ||
| P/B | 2.37 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 10.36 |
EPS(TTM)6.78
EY5.82%
EPS(NY)6.29
Fwd EY5.4%
FCF(TTM)8.33
FCFY7.15%
OCF(TTM)12.24
OCFY10.51%
SpS62.28
BVpS49.07
TBVpS39.14
PEG (NY)N/A
PEG (5Y)1.25
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 | 5.41 |
F-Score7
WACC9.03%
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%.