Lindsay Corporation logo LNN - Lindsay Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $128.00 DETAILS
HIGH: $128.00
LOW: $128.00
MEDIAN: $128.00
CONSENSUS: $128.00
UPSIDE: 17.23%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Undervalued Moderate
Trading 26.4% below fair value
Current Price $109.19
Bear Case $125.37 14.8% upside ($125.37 - $109.19) / $109.19 = 14.8% $6.01 × 20x + net cash
Fair Value $148.36 35.9% upside ($148.36 - $109.19) / $109.19 = 35.9% $6.01 × 24x + net cash
Bull Case $171.35 56.9% upside ($171.35 - $109.19) / $109.19 = 56.9% $6.01 × 28x + net cash

Adjust Assumptions

24.0x
6.01$

Key Value Driver

Through-cycle normalized EPS ($6.01)

Implied Market Multiple 18.2x

Plain-Language Summary

Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $128.00 from 15 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $148.36 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