Lindsay Corporation logo LNN - Lindsay Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $135.00 DETAILS
HIGH: $142.00
LOW: $128.00
MEDIAN: $135.00
CONSENSUS: $135.00
UPSIDE: 18.61%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Fair Value Moderate
Trading 24.3% below fair value
Current Price $113.82
Bear Case $127.10 11.7% upside ($127.10 - $113.82) / $113.82 = 11.7% $6.01 × 20x + net cash
Fair Value $150.34 32.1% upside ($150.34 - $113.82) / $113.82 = 32.1% $6.01 × 24x + net cash
Bull Case $173.59 52.5% upside ($173.59 - $113.82) / $113.82 = 52.5% $6.01 × 28x + net cash

Adjust Assumptions

24.0x
6.01$

Key Value Driver

Through-cycle normalized EPS ($6.01)

Implied Market Multiple 18.9x

Plain-Language Summary

Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $135.00 from 15 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $150.34 per share.

Warnings

Price-to-book value of 2.7x is above the normal range for this type of business (0.7x-2.0x). The stock may already price in a strong cycle.

Key Risks

  • Standard 10-year DCF produces unreliable terminal values for cyclicals
  • 'Cheap' P/E at cycle peak is the most common value trap — normalize first
  • Captive finance subsidiaries have different risk profiles from manufacturing