LNN - Lindsay Corporation
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$128.00
DETAILS
HIGH:
$128.00
LOW:
$128.00
MEDIAN:
$128.00
CONSENSUS:
$128.00
UPSIDE:
17.23%
AlphaVal
Deterministic, archetype-aware fair value
Cyclical & Capital-Intensive
80% confidence
Primary model: Normalized Earnings × Cycle Multiple
Adjust Assumptions
24.0x
6.01$
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