Financials Lindsay Corporation

Equities

LNN

US5355551061

Heavy Machinery & Vehicles

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
116.2 USD -0.99% Intraday chart for Lindsay Corporation -0.96% -10.00%

Valuation

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 952 1,083 1,797 1,761 1,366 1,283 - -
Enterprise Value (EV) 1 940.9 1,083 1,797 1,761 1,366 1,283 1,283 1,283
P/E ratio 441 x 28.1 x 42.5 x 27 x 19 x 22.3 x 20.8 x 17.1 x
Yield 1.4% 1.26% 0.79% 0.83% 1.1% 1.2% 1.23% 1.2%
Capitalization / Revenue 2.14 x 2.28 x 3.17 x 2.28 x 2.03 x 2.13 x 2.01 x 1.91 x
EV / Revenue 2.14 x 2.28 x 3.17 x 2.28 x 2.03 x 2.13 x 2.01 x 1.91 x
EV / EBITDA 25 x 14.7 x 24.5 x 15.3 x 11.2 x 12.8 x 11.8 x 10.2 x
EV / FCF -49 x 44 x 103 x -140 x 13.5 x 34.3 x 20.3 x 18.3 x
FCF Yield -2.04% 2.27% 0.97% -0.71% 7.39% 2.91% 4.92% 5.46%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 10,786 10,835 10,907 10,979 11,009 11,038 - -
Reference price 2 88.26 99.93 164.8 160.4 124.1 116.2 116.2 116.2
Announcement Date 10/29/19 10/22/20 10/21/21 10/20/22 10/19/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 444.1 474.7 567.6 770.7 674.1 603.1 637.6 670.4
EBITDA 1 38.04 73.6 73.28 114.8 121.5 100.4 108.3 125.4
EBIT 1 24.02 54.2 54.11 94.64 102.2 76.37 85.86 101.9
Operating Margin 5.41% 11.42% 9.53% 12.28% 15.16% 12.66% 13.47% 15.2%
Earnings before Tax (EBT) 1 2.107 48.84 50.39 87.87 100.4 77.52 87.26 103.6
Net income 1 2.172 38.63 42.57 65.47 72.38 57.81 63.84 75.1
Net margin 0.49% 8.14% 7.5% 8.49% 10.74% 9.59% 10.01% 11.2%
EPS 2 0.2000 3.560 3.880 5.940 6.540 5.212 5.583 6.780
Free Cash Flow 1 -19.41 24.59 17.46 -12.55 100.9 37.4 63.1 70
FCF margin -4.37% 5.18% 3.08% -1.63% 14.97% 6.2% 9.9% 10.44%
FCF Conversion (EBITDA) - 33.41% 23.82% - 83.09% 37.26% 58.26% 55.82%
FCF Conversion (Net income) - 63.65% 41.01% - 139.45% 64.69% 98.83% 93.21%
Dividend per Share 2 1.240 1.260 1.300 1.330 1.370 1.400 1.425 1.400
Announcement Date 10/29/19 10/22/20 10/21/21 10/20/22 10/19/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 166.2 200.1 214.3 190.2 176.2 166.2 164.6 167.1 161.4 151.5 144.4 145.9 171 161 146
EBITDA 1 18.26 23.35 40.18 33.03 29.47 32.09 31.73 28.18 26.38 27.36 24.1 22.58 - - -
EBIT 1 13.36 18.34 35.16 27.78 24.6 27.26 26.96 23.36 21.07 22.1 17.47 15.72 - - -
Operating Margin 8.04% 9.16% 16.41% 14.61% 13.96% 16.4% 16.38% 13.98% 13.06% 14.58% 12.1% 10.77% - - -
Earnings before Tax (EBT) 1 9.475 19.2 35.56 23.63 24 25.73 25.73 24.9 21 22.7 17.8 16.05 - - -
Net income 1 7.901 14.57 25.07 17.93 18.22 18.05 16.88 19.23 15.02 18.12 12.97 11.71 - - -
Net margin 4.76% 7.28% 11.7% 9.43% 10.34% 10.86% 10.26% 11.51% 9.31% 11.96% 8.99% 8.03% - - -
EPS 2 0.7200 1.320 2.280 1.620 1.650 1.630 1.530 1.740 1.360 1.640 1.172 1.052 1.540 1.430 1.250
Dividend per Share 2 0.3300 0.3300 0.3300 0.3400 0.3400 0.3400 0.3400 0.3500 0.3500 0.3500 0.3500 0.3500 - - -
Announcement Date 1/6/22 4/5/22 6/30/22 10/20/22 1/5/23 4/4/23 6/29/23 10/19/23 1/4/24 4/4/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 11.1 - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -19.4 24.6 17.5 -12.5 101 37.4 63.1 70
ROE (net income / shareholders' equity) 0.8% - - - - - - -
ROA (Net income/ Total Assets) 0.43% - - - - - - -
Assets 1 500.1 - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 23.2 21.4 26.5 15.6 18.8 40.2 31.3 16.8
Capex / Sales 5.23% 4.52% 4.67% 2.02% 2.79% 6.67% 4.91% 2.51%
Announcement Date 10/29/19 10/22/20 10/21/21 10/20/22 10/19/23 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
116.2 USD
Average target price
134 USD
Spread / Average Target
+15.28%
Consensus
  1. Stock Market
  2. Equities
  3. LNN Stock
  4. Financials Lindsay Corporation