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: 18.55%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Fair Value Moderate
Trading 21.0% below fair value
Current Price $113.88
Bear Case $120.20 5.5% upside ($120.20 - $113.88) / $113.88 = 5.5% $6.01 × 20x
Fair Value $144.24 26.7% upside ($144.24 - $113.88) / $113.88 = 26.7% $6.01 × 24x
Bull Case $168.28 47.8% upside ($168.28 - $113.88) / $113.88 = 47.8% $6.01 × 28x

Adjust Assumptions

24.0x
6.01$

Key Value Driver

Through-cycle normalized EPS ($6.01)

Implied Market Multiple 18.9x

Plain-Language Summary

Using 7-year normalized EPS of $6.01 at a 24x cycle multiple, the base-case value is $144.24 per share. P/TBV cross-check: 2.7x.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (15 analysts) $135.00
Analyst Range $128.00 – $142.00
Divergence from AlphaVal 7%

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