0.85%
15.13%
13.79%
8.11%
4.69%
7.89%
36.17%

Company Description

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally.The company operates in two segments, Irrigation and Infrastructure.The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand.


It also offers repair and replacement parts for its irrigation systems and controls; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, irrigation scheduling, and smartphone applications; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand.The Infrastructure segment provides Quickchange moveable barrier systems that help in highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and tunnels and bridge repairs; and re-directive and non-re-directive crash cushions, which are used to enhance highway safety at locations, such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards.It also offers specialty barrier products; road marking and road safety equipment; and railroad signals and structures, and diameter steel tubing products, as well as outsourced manufacturing and production services for other companies.


The company serves departments of transportation, municipal transportation road agencies, roadway contractors, subcontractors, distributors, and dealers.Lindsay Corporation was founded in 1954 and is headquartered in Omaha, Nebraska.

Market Data

Last Price 136.21
Change Percentage 0.85%
Open 136.83
Previous Close 135.06
Market Cap ( Millions) 1480
Volume 57055
Year High 140.26
Year Low 109.27
M A 50 127.9
M A 200 121.22

Financial Ratios

FCF Yield 4.34%
Dividend Yield 1.04%
ROE 14.16%
Debt / Equity 26.61%
Net Debt / EBIDTA -64.99%
Price To Book 3.03
Price Earnings Ratio 21.61
Price To FCF 23.02
Price To sales 2.42
EV / EBITDA 14.37

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Irrigation

Expected Growth : 3.5 %

What the company do ?

Lindsay Corporation's irrigation segment provides water management solutions, including pivot and lateral move irrigation systems, helping farmers optimize water usage and crop yields.

Why we expect these perspectives ?

Lindsay Corporation's 3.5% growth in irrigation is driven by increasing global demand for efficient water management, adoption of precision agriculture, and government initiatives promoting sustainable farming practices. Additionally, the company's innovative products, such as pivot irrigation systems, and strategic acquisitions have contributed to its growth momentum.

Segment nΒ°2 -> Infrastructure

Expected Growth : 2.8 %

What the company do ?

Lindsay Corporation's infrastructure segment provides road safety and infrastructure products, including guardrail, crash cushions, and road marking materials.

Why we expect these perspectives ?

Lindsay Corporation's Infrastructure segment growth of 2.8% is driven by increasing demand for road safety and traffic management solutions, investments in smart city initiatives, and government funding for infrastructure development projects. Additionally, the company's focus on innovation, such as its Road Zipper system, is contributing to its growth in this segment.

Lindsay Corporation Products

Product Range What is it ?
Irrigation Systems Lindsay Corporation provides irrigation systems that help farmers and growers to optimize water usage and increase crop yields.
Pivot Irrigation Systems Lindsay Corporation's pivot irrigation systems are designed for efficient water distribution and crop management.
Lateral Move Irrigation Systems Lindsay Corporation's lateral move irrigation systems provide flexible and efficient irrigation solutions for various crops.
Center Pivot Irrigation Systems Lindsay Corporation's center pivot irrigation systems are designed for efficient water distribution and crop management.
Road Zipper Lindsay Corporation's Road Zipper is a movable barrier system designed for highway construction and traffic management.
Traffic Management Solutions Lindsay Corporation provides traffic management solutions for highway construction and traffic management.

Lindsay Corporation's Porter Forces

Lindsay Corporation's irrigation systems and infrastructure products have some substitutes, but they are not easily replaceable due to their high quality and customization options.

Lindsay Corporation's customers have limited bargaining power due to the company's strong brand reputation and diversified product offerings.

Lindsay Corporation's suppliers have some bargaining power due to the company's dependence on them for raw materials, but the company's large scale of operations helps to mitigate this risk.

The threat of new entrants is low due to the high barriers to entry in the irrigation systems and infrastructure products industry, including significant capital requirements and regulatory hurdles.

The irrigation systems and infrastructure products industry is highly competitive, with several established players competing for market share, which increases the intensity of rivalry.

Capital Structure

Value
Debt Weight 23.00%
Debt Cost 3.95%
Equity Weight 77.00%
Equity Cost 7.08%
WACC 6.36%
Leverage 29.87%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
HY Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, …
GENC Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt …
WNC Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and …
CMCO Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, …
ALG Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
136.21$
Current Price
136.21$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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