Lindsay Stock Fundamentals
| LNN Stock | USD 133.64 2.16 1.64% |
Lindsay fundamentals help investors to digest information that contributes to Lindsay's financial success or failures. It also enables traders to predict the movement of Lindsay Stock. The fundamental analysis module provides a way to measure Lindsay's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lindsay stock.
Lindsay |
Lindsay Company Return On Asset Analysis
Lindsay's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Lindsay Return On Asset | 0.0619 |
Most of Lindsay's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lindsay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Lindsay has a Return On Asset of 0.0619. This is 112.14% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on asset for all United States stocks is 144.21% lower than that of the firm.
Lindsay Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Lindsay's current stock value. Our valuation model uses many indicators to compare Lindsay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lindsay competition to find correlations between indicators driving Lindsay's intrinsic value. More Info.Lindsay is rated below average in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers reporting about 0.43 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lindsay is roughly 2.31 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lindsay's earnings, one of the primary drivers of an investment's value.Lindsay Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lindsay's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lindsay could also be used in its relative valuation, which is a method of valuing Lindsay by comparing valuation metrics of similar companies.Lindsay is currently under evaluation in return on asset category among its peers.
Lindsay Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0619 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 1.41 B | ||||
| Shares Outstanding | 10.87 M | ||||
| Shares Owned By Insiders | 0.91 % | ||||
| Shares Owned By Institutions | 99.09 % | ||||
| Number Of Shares Shorted | 285.52 K | ||||
| Price To Earning | 43.60 X | ||||
| Price To Book | 3.01 X | ||||
| Price To Sales | 2.33 X | ||||
| Revenue | 607.07 M | ||||
| Gross Profit | 191.12 M | ||||
| EBITDA | 103.48 M | ||||
| Net Income | 66.26 M | ||||
| Cash And Equivalents | 160.75 M | ||||
| Cash Per Share | 10.61 X | ||||
| Total Debt | 134.39 M | ||||
| Debt To Equity | 0.35 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 44.95 X | ||||
| Cash Flow From Operations | 95.76 M | ||||
| Short Ratio | 3.50 X | ||||
| Earnings Per Share | 6.21 X | ||||
| Price To Earnings To Growth | 1.17 X | ||||
| Target Price | 136.0 | ||||
| Number Of Employees | 1.28 K | ||||
| Beta | 0.67 | ||||
| Market Capitalization | 1.43 B | ||||
| Total Asset | 760.23 M | ||||
| Retained Earnings | 687.09 M | ||||
| Working Capital | 367.4 M | ||||
| Current Asset | 276.77 M | ||||
| Current Liabilities | 87.86 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.15 % | ||||
| Net Asset | 760.23 M | ||||
| Last Dividend Paid | 1.42 |
About Lindsay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lindsay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lindsay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lindsay based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska. Lindsay Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 1262 people.
Pair Trading with Lindsay
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lindsay position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lindsay will appreciate offsetting losses from the drop in the long position's value.Moving together with Lindsay Stock
Moving against Lindsay Stock
| 0.4 | ARTW | Arts Way Manufacturing | PairCorr |
| 0.34 | WNC | Wabash National | PairCorr |
| 0.31 | CMCO | Columbus McKinnon | PairCorr |
The ability to find closely correlated positions to Lindsay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lindsay when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lindsay - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lindsay to buy it.
The correlation of Lindsay is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lindsay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lindsay moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lindsay can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Lindsay Piotroski F Score and Lindsay Altman Z Score analysis. To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lindsay. If investors know Lindsay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lindsay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lindsay is measured differently than its book value, which is the value of Lindsay that is recorded on the company's balance sheet. Investors also form their own opinion of Lindsay's value that differs from its market value or its book value, called intrinsic value, which is Lindsay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lindsay's market value can be influenced by many factors that don't directly affect Lindsay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lindsay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lindsay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lindsay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.