LNN - Lindsay Corporation
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$121.00
DETAILS
HIGH:
$121.00
LOW:
$121.00
MEDIAN:
$121.00
CONSENSUS:
$121.00
UPSIDE:
4.80%
AlphaVal
Deterministic, archetype-aware fair value
Cyclical & Capital-Intensive
80% confidence
Primary model: Normalized Earnings × Cycle Multiple
Adjust Assumptions
24.0x
6.01$
Key Value Driver
Through-cycle normalized EPS ($6.01)
Implied Market Multiple
19.2x
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: 2.8x.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (15 analysts)
$121.00
Analyst Range
$121.00 – $121.00
Divergence from AlphaVal
19%
Warnings
Price-to-book value of 2.8x 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