Lineage, Inc. (LINE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Lineage, Inc. stock $26.74, price $39.13, that is 31.7% below the price, quality 37 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
27‑month range $30.90 – $80.76 · fair‑value band $15.47 – $51.93 · the $39.13 price screens above the $26.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Lineage, Inc. is the world's largest global temperature-controlled warehouse REIT with a network of over 500 strategically located facilities totaling approximately 88 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific.
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Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world's largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.
Lineage, Inc. was incorporated in 2015 and is based in Novi, United States.
Stock analysis
Lineage, Inc. (LINE) currently trades at $39.13, while our model-based Fair Value estimate is $26.74, 32% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $47.91 per share, and 2 of the 6 models we run sit above the $39.13 price.
Bear case: the Asset-Based group reads lowest at $10.86, and 4 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $15.47 (bear) to $51.93 (bull), the price of $39.13 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 37/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Lineage, Inc. Common Stock reported revenue of $5.4B in FY2025 versus $3.7B in FY2021, a compound +9.7%/yr. Reported net income was −$98.0M in FY2025.
Key figures
Market cap $8.9B Mid · P/S ratio 1.60 · EPS (TTM) $−0.7200 · Dividend yield 5.4% · Net margin −3.2% · Return on equity −2.0% · Return on assets (EBIT) 0.0% (5-year average) · Operating margin 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (medium confidence).
What moves the price
The share trades about 12% below its 52-week high and 27% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −31% fair-value upside, at −32%, LINE screens richer than that median.
Fair Value models
Bear$15.47Fair Value $26.74Bull$51.93
Price $39.13 · Downside -31.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 2 officers or directors bought shares worth $1.8M, most recently on Aug 28, 2026. Buying cluster
BuyKevin Patrick MarchettiCo-Executive Chairman, Director, 10% owner4× since Nov 10, 2025: 64,022 shares, avg. $37.70$2.4MAug 28, 2026
BuyRobb A. LeMastersChief Financial Officer2× since Nov 13, 2025: 50,000 shares, avg. $36.78$1.8MAug 7, 2026
BuyAbigail S FlemingChief Accounting Officer500 shares at $33.57$16,785Nov 21, 2025
BuyAdam Matthew Schwartz ForsteCo-Executive Chairman, Director, 10% owner74,000 shares at $33.83$2.5MNov 10, 2025
Plus 5 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.28/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+0.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
Revenue growth 18 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+38.3%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.4% (2021) → 4.7% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +31.8% a year for the price and −0.2% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Specialized cold storage builds durable long-term client relationships for Lineage, yet negative profitability and high leverage relative to equity point to a weak overall business position.
Main risk: Highly automated operators such as NewCold with fully robotic high-bay facilities could lower unit costs and attract high-volume customers away from Lineage or force price reductions in temperature-controlled warehousing.
Bull case: Lineage could extend its automation leadership with robotics and AI to match or exceed rivals' efficiency gains while leveraging long-term client contracts for stable utilization.
Bear case: If automated competitors capture significant high-volume business and repeated regulatory interventions raise costs or limit sites, Lineage's specialized cold storage network could face sustained margin pressure and reduced scale advantages.
Lineage keeps long-term clients like seafood processor BSF by handling their complex warehousing and distribution across hundreds of SKUs. Recent extensions of these relationships show the stickiness built into specialized cold storage operations. At the same time the Fitch downgrade flags elevated leverage amid muted organic growth. Will those durable customer ties provide enough stability or will scale still struggle with capacity and cost pressures?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Industrial · 51 stocks
Beats the industry median on 2/12 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside−31.7% · Below median
Profitability
Return on assets−0.5% · Bottom 25%
Net margin (12 months)−3.2% · Bottom 25%
Operating margin (12 months)3.7% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)0.8% · Below median
Dividend yield (12 months)5.4% · Below median
Balance sheet
Debt / equity0.74× · Highest 25%
Valuation Multiplesvs REIT - Industrial median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Lineage, Inc. Common Stock Fair Value". https://www.fairvalue-calculator.com/stock/LINE
Frequently asked questions
Is Lineage, Inc. (LINE) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $26.74 versus a price of $39.13, about 32% lower (overvalued).
What is the fair value of LINE?
Our model-based fair value for Lineage, Inc. is $26.74 (as of Nov 6, 2026), built from audited fundamentals. The current price: $39.13.
What is the quality score of LINE?
Lineage, Inc. has a Quality Score of 37/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Lineage, Inc. (LINE)?
Our model-based price target is the fair value of $26.74 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $15.47, optimistic scenario $51.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Lineage, Inc. Common Stock stock forecast for 2026?
Our models put fair value at $26.74, about 32% lower versus a price of $39.13 (overvalued). Cautious scenario $15.47, optimistic scenario $51.93. The calculation is refreshed regularly with new filings.
What is the revenue of Lineage, Inc. (LINE)?
Lineage, Inc. reported trailing-twelve-month revenue of about $5.4B (latest available figure, as of Nov 6, 2026).
Does Lineage, Inc. Common Stock pay a dividend?
Lineage, Inc. currently shows a dividend yield of 5.41% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Lineage, Inc. (LINE) and when is the ex-dividend date?
Lineage, Inc. pays a dividend of $2.12 per share a year, a dividend yield of 5.4%. The last ex-dividend date was Sep 30, 2026. Free cash flow covers the dividend 0.41 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Lineage, Inc. (LINE)?
For today's price to be fair in a discounted-cash-flow model, Lineage, Inc. would have to grow free cash flow by +34.9 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 7 years revenue grew +39.6 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of LINE use?
Our models discount Lineage, Inc. at 9.6 %: a base by market capitalisation (mid), damped by beta 0.93, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Lineage, Inc. that is +34.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Lineage, Inc. (LINE) delivered so far?
Over the past 7 years revenue at Lineage, Inc. grew +39.6 % a year. The price currently implies free-cash-flow growth of +34.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Lineage, Inc. (LINE) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Lineage, Inc. (+34.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lineage, Inc. (LINE)?
The free-cash-flow yield on the price is 2.20 %: that much free cash flow Lineage, Inc. produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lineage, Inc. (LINE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lineage, Inc. it is $26.74 per share (as of Nov 6, 2026), against a price of $39.13. It is the blended result of 6 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Lineage, Inc. Common Stock stock overvalued or undervalued in 2026?
As of Nov 6, 2026, LINE trades above its calculated fair value: price $39.13, fair value $26.74, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LINE?
No. The price is what the market pays today ($39.13); the fair value is what the company's own numbers justify ($26.74). For Lineage, Inc. the two are $12.39 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lineage, Inc. Common Stock worth?
The market values Lineage, Inc. at about $8.9B (market capitalisation, as of Nov 6, 2026). Per share that is $39.13; our models calculate a fair value of $26.74 per share.
What do the bullish and bearish scenarios say about LINE?
Our models span a range for Lineage, Inc.: cautious scenario $15.47, base $26.74, optimistic $51.93 per share (as of Nov 6, 2026, price $39.13). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Lineage, Inc. (LINE)?
Balance-sheet figures for Lineage, Inc. (as of Nov 6, 2026): return on equity −2.0%, debt of 0.74 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is LINE from its 52-week high?
Lineage, Inc. trades at $39.13, about 12% below its 52-week high of $44.59 and 27% above the low of $30.90 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $26.74 is for.
Which stocks are comparable to Lineage, Inc. Common Stock?
From the same area (Real Estate) we also value Prologis, Inc, Public Storage, Extra Space Storage Inc, EastGroup Properties, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lineage, Inc. Common Stock stock attractive at the current price?
The data as of Nov 6, 2026: price $39.13, calculated fair value $26.74 (−32%), Quality Score 37/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LINE calculated?
We run Lineage, Inc. through 6 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of $26.74 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Lineage, Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lineage, Inc. (LINE)?
The closing price on Nov 6, 2026 was $39.13. Our model-based fair value is $26.74, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lineage, Inc. Common Stock right now?
Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($15.47 to $51.93). The outcome hinges heavily on assumptions, so read the point estimate with caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Lineage, Inc.
How large is the market capitalisation of Lineage, Inc. (LINE)?
The market capitalisation of Lineage, Inc. is $8.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lineage, Inc. (LINE)?
The price-to-sales ratio of Lineage, Inc. is 1.60 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lineage, Inc. (LINE)?
Earnings per share at Lineage, Inc. are $−0.7200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lineage, Inc. (LINE)?
The dividend yield of Lineage, Inc. is 5.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Lineage, Inc. (LINE)?
The net margin of Lineage, Inc. is −3.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lineage, Inc. (LINE)?
The return on equity (ROE) of Lineage, Inc. is −2.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lineage, Inc. (LINE)?
On an EBIT basis the return on assets of Lineage, Inc. is 0.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lineage, Inc. (LINE)?
The operating margin of Lineage, Inc. is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lineage, Inc. (LINE)?
Revenue at Lineage, Inc. is growing +0.8% versus a year earlier (3y avg +2.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Lineage, Inc. (LINE) carry?
The net debt of Lineage, Inc. is $8.6B (fiscal year 2025, ≈ 43.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 6, 2026