LINDSAY CORP (LNN) Stock Fundamental Analysis
NYSE:LNN - US5355551061 - Common Stock
140.48 USD
+1.96 (+1.41%)
140 USD
-0.48 (-0.34%)
Overall LNN gets a fundamental rating of 7 out of 10. We evaluated LNN against 128 industry peers in the Machinery industry. Both the health and profitability get an excellent rating, making LNN a very profitable company, without any liquidiy or solvency issues. LNN is not valued too expensively and it also shows a decent growth rate. With these ratings, LNN could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
LNN had positive earnings in the past year.
LNN had a positive operating cash flow in the past year.
Each year in the past 5 years LNN has been profitable.
In the past 5 years LNN always reported a positive cash flow from operatings.
1.2 Ratios
LNN has a better Return On Assets (9.04%) than 76.56% of its industry peers.
With a decent Return On Equity value of 14.37%, LNN is doing good in the industry, outperforming 71.88% of the companies in the same industry.
The Return On Invested Capital of LNN (10.19%) is better than 71.88% 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 10.00%.
| 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 Profit Margin of 11.21%. This is in the better half of the industry: LNN outperforms 79.69% 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 64.84% of the companies in the same industry.
LNN's Operating Margin has improved in the last couple of years.
The Gross Margin of LNN (31.24%) is comparable to the rest of the industry.
LNN's Gross Margin has improved in the last couple of years.
| 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
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 more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LNN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.89 indicates that LNN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.89, LNN belongs to the top of the industry, outperforming 83.59% 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 Debt to FCF ratio of 1.30. This is amongst the best in the industry. LNN outperforms 83.59% 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 71.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.3 | ||
| Altman-Z | 5.89 |
ROIC/WACC1.05
WACC9.71%
2.3 Liquidity
LNN has a Current Ratio of 3.64. This indicates that LNN is financially healthy and has no problem in meeting its short term obligations.
LNN's Current ratio of 3.64 is amongst the best of the industry. LNN outperforms 85.94% of its industry peers.
A Quick Ratio of 2.64 indicates that LNN has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.64, LNN belongs to the best of the industry, outperforming 86.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.64 | ||
| Quick Ratio | 2.64 |
3. Growth
3.1 Past
LNN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.61%.
Measured over the past years, LNN shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.12% on average per year.
The Revenue has grown by 9.47% in the past year. This is quite good.
Measured over the past years, LNN shows a small growth in Revenue. The Revenue has been growing by 6.45% on average per year.
EPS 1Y (TTM)5.61%
EPS 3Y15.87%
EPS 5Y33.12%
EPS Q2Q%-3.78%
Revenue 1Y (TTM)9.47%
Revenue growth 3Y2.27%
Revenue growth 5Y6.45%
Sales Q2Q%21.74%
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 9.59% on average per year.
The Revenue is expected to grow by 6.76% on average over the next years.
EPS Next Y15.85%
EPS Next 2Y3.82%
EPS Next 3Y5%
EPS Next 5Y9.59%
Revenue Next Year13.77%
Revenue Next 2Y6.1%
Revenue Next 3Y5.6%
Revenue Next 5Y6.76%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.18, 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 67.97% of the companies in the same industry.
When comparing the Price/Earnings ratio of LNN to the average of the S&P500 Index (27.06), we can say LNN is valued slightly cheaper.
A Price/Forward Earnings ratio of 21.65 indicates a rather expensive valuation of LNN.
LNN's Price/Forward Earnings ratio is in line with the industry average.
LNN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.18 | ||
| Fwd PE | 21.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LNN is valued a bit cheaper than 61.72% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LNN indicates a somewhat cheap valuation: LNN is cheaper than 77.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.28 | ||
| EV/EBITDA | 12.71 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of LNN may justify a higher PE ratio.
PEG (NY)1.27
PEG (5Y)0.61
EPS Next 2Y3.82%
EPS Next 3Y5%
5. Dividend
5.1 Amount
LNN has a Yearly Dividend Yield of 1.07%.
Compared to an average industry Dividend Yield of 1.78, LNN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, LNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.67%
Div Incr Years22
Div Non Decr Years28
5.3 Sustainability
LNN pays out 20.58% 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.
DP20.58%
EPS Next 2Y3.82%
EPS Next 3Y5%
140.48
+1.96 (+1.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners104.31%
Inst Owner Change1.06%
Ins Owners0.67%
Ins Owner Change-0.58%
Market Cap1.53B
Analysts75
Price Target156.06 (11.09%)
Short Float %2.9%
Short Ratio2.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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)0%
PT rev (3m)10.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.37%
EPS NY rev (1m)0%
EPS NY rev (3m)4.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.18 | ||
| Fwd PE | 21.65 | ||
| P/S | 2.25 | ||
| P/FCF | 17.28 | ||
| P/OCF | 12.51 | ||
| P/B | 2.89 | ||
| P/tB | 3.63 | ||
| EV/EBITDA | 12.71 |
EPS(TTM)6.96
EY4.95%
EPS(NY)6.49
Fwd EY4.62%
FCF(TTM)8.13
FCFY5.79%
OCF(TTM)11.23
OCFY8%
SpS62.41
BVpS48.69
TBVpS38.74
PEG (NY)1.27
PEG (5Y)0.61
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%
ROICexcg growth 3Y3.82%
ROICexcg 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 | 5.89 |
F-Score5
WACC9.71%
ROIC/WACC1.05
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)5.61%
EPS 3Y15.87%
EPS 5Y33.12%
EPS Q2Q%-3.78%
EPS Next Y15.85%
EPS Next 2Y3.82%
EPS Next 3Y5%
EPS Next 5Y9.59%
Revenue 1Y (TTM)9.47%
Revenue growth 3Y2.27%
Revenue growth 5Y6.45%
Sales Q2Q%21.74%
Revenue Next Year13.77%
Revenue Next 2Y6.1%
Revenue Next 3Y5.6%
Revenue Next 5Y6.76%
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%