Lindsay Corporation (LNN) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Lindsay Corporation $137, price $116, upside +18.1%, quality 71 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Lindsay Corporation for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $102.56 – $174.29 · fair‑value band $100.49 – $181.39 · the $115.84 price screens below the $136.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.
Follow Lindsay in your weekly email
Every Wednesday you see whether Lindsay is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure.
Show more
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, machine-to-machine communication technology solutions and mobile device applications; and irrigation scheduling technology solutions; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers, which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. This segment also offers redirective and non-redirective crash cushions, moveable barriers to enhance highway safety at locations such as toll booths, end terminals, road marking, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.
Stock analysis
Lindsay Corporation (LNN) currently trades at $115.84, while our model-based Fair Value estimate is $136.75, implying the stock looks roughly 15.3% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $132.50 per share, and 17 of the 26 models we run sit above the $115.84 price.
Bear case: the Dividend Discount group reads lowest at $18.24, and 9 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $100.49 (bear) to $181.39 (bull), the price of $115.84 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 71/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Lindsay Corporation reported revenue of $676M in FY2025 versus $568M in FY2021, a compound +4.5%/yr. Reported net income was $74.1M in FY2025, compounding +14.8%/yr from FY2021.
Key figures
Market cap $1.3B · P/E ratio 21.1 · P/S ratio 2.31 · EPS (TTM) $5.47 · Dividend yield 1.3% · Net margin 10.9% · Return on equity 11.5% · Return on assets (EBIT) 11.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (medium confidence).
What moves the price
The share trades about 18% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 16% fair-value upside, at 18%, LNN screens cheaper than that median.
Fair Value models
Bear $100.49Fair Value $136.75Bull $181.39
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then ($4.00 per share) are deliberately not added.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.Evidence ⓘEvidence = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+11.4%
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.
−4.3%
Revenue growth 5 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.
+7.3%
Start year 2020 (pandemic). Over 10 years: +1.9% a year
Revenue growth 38 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.
+6.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+15.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.8%
Dividend (yield on the price)1.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14% vs 12%, steady
Profit margin 2020 to 2025 ⓘ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.11% → 13%
Start year 2020 (pandemic)
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).
+2.6%
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.
−1.0%
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 +0.2% a year for the price and −3.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 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.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Farm & Heavy Construction Machinery · 149 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score71 · Top 25%
Fair Value upside+19% · Above median
Profitability
Return on equity (TTM)12% · Above median
Return on assets5% · Above median
Net margin (TTM)9% · Top 25%
Operating margin (TTM)8% · Above median
Growth and dividend
Revenue growth−16% · Bottom 25%
Dividend yield (TTM)1.3% · Below median
Balance sheet
Debt / equity0.22× · Above median
Valuation Multiplesvs Farm & Heavy Construction Machinery median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Lindsay Corporation Fair Value". https://www.fairvalue-calculator.com/stock/LNN
Frequently asked questions
Is Lindsay Corporation (LNN) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $136.75 versus a price of $115.84, about +18% upside (undervalued).
What is the fair value of LNN?
Our model-based fair value for Lindsay Corporation is $136.75 (as of Sep 23, 2026), built from audited fundamentals. The current price: $115.84.
What is the quality score of LNN?
Lindsay Corporation has a Quality Score of 71/100. 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 Lindsay Corporation (LNN)?
Our model-based price target is the fair value of $136.75 (as of Sep 23, 2026) from 26 valuation models. Cautious scenario $100.49, optimistic scenario $181.39. It is a calculation from audited fundamentals, not an analyst target.
What is the Lindsay Corporation stock forecast for 2026?
Our models put fair value at $136.75, about +18% upside versus a price of $115.84 (undervalued). Cautious scenario $100.49, optimistic scenario $181.39. The calculation is refreshed regularly with new filings.
What is the revenue of Lindsay Corporation (LNN)?
Lindsay Corporation reported trailing-twelve-month revenue of about $637M (latest available figure, as of Sep 23, 2026).
Does Lindsay Corporation pay a dividend?
Lindsay Corporation currently shows a dividend yield of about 1.27% relative to its recent price (as of Sep 23, 2026).
What growth is priced into Lindsay Corporation (LNN)?
For today's price to be fair in a discounted-cash-flow model, Lindsay Corporation would have to grow free cash flow by +2.6 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.3 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of LNN use?
Our models discount Lindsay Corporation at 10.4 %: a base by market capitalisation (small), damped by beta 0.71, 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 Lindsay Corporation that is +2.6 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Lindsay Corporation (LNN) delivered so far?
Over the past 5 years revenue at Lindsay Corporation grew +7.3 % a year. The price currently implies +2.6 % per year free-cash-flow growth a 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 Lindsay Corporation (LNN) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Lindsay Corporation (+2.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lindsay Corporation (LNN)?
The free-cash-flow yield on the price is 7.15 %: that much free cash flow Lindsay Corporation produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lindsay Corporation (LNN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lindsay Corporation it is $136.75 per share (as of Sep 23, 2026), against a price of $115.84. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Lindsay Corporation stock overvalued or undervalued in 2026?
As of Sep 23, 2026, LNN trades below its calculated fair value: price $115.84, fair value $136.75, a gap of about +18% (undervalued). 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 LNN?
No. The price is what the market pays today ($115.84); the fair value is what the company's own numbers justify ($136.75). For Lindsay Corporation the two are $20.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lindsay Corporation worth?
The market values Lindsay Corporation at about $1.3B (market capitalisation, as of Sep 23, 2026). Per share that is $115.84; our models calculate a fair value of $136.75 per share.
What do the bullish and bearish scenarios say about LNN?
Our models span a range for Lindsay Corporation: cautious scenario $100.49, base $136.75, optimistic $181.39 per share (as of Sep 23, 2026, price $115.84). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LNN?
Lindsay Corporation trades at a price-to-earnings ratio of 21.1 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $136.75 is built from several models across several years. Other multiples: PEG 1.2, P/B 2.4, P/S 2.0, EV/EBITDA 12.6.
What is the PEG ratio of LNN?
The PEG ratio of Lindsay Corporation is 1.17 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Lindsay Corporation (LNN)?
Balance-sheet figures for Lindsay Corporation (as of Sep 23, 2026): return on equity 11.5%, debt of 0.22 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is LNN from its 52-week high?
Lindsay Corporation trades at $115.84, about 18% below its 52-week high of $140.47 and 13% above the low of $102.56 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $136.75 is for.
Which stocks are comparable to Lindsay Corporation?
From the same area (Industrials) we also value Caterpillar Inc, Deere & Company, PACCAR Inc, Daimler Truck Holding, 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 Lindsay Corporation stock attractive at the current price?
The data as of Sep 23, 2026: price $115.84, calculated fair value $136.75 (+18%), Quality Score 71/100, from 26 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 LNN calculated?
We run Lindsay Corporation through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $136.75, 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 14.1 % above its aggregate fair value. Lindsay Corporation currently trades 18 % below its own fair value, and the market average says nothing about that. 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 Lindsay Corporation (LNN)?
The closing price on Sep 23, 2026 was $115.84. Our model-based fair value is $136.75, about +18% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lindsay Corporation right now?
A fairly wide model range ($100.49 to $181.39) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Lindsay Corporation (LNN) come from?
Earnings per share at Lindsay Corporation grew +9.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.5 %, EBIT margin +3.9 %, tax rate +2.3 %, residual (interest, one-offs) +0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Lindsay Corporation
How large is the market capitalisation of Lindsay Corporation (LNN)?
The market capitalisation of Lindsay Corporation is $1.3B. 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 Lindsay Corporation (LNN)?
The price-to-sales ratio of Lindsay Corporation is 2.31 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lindsay Corporation (LNN)?
Earnings per share at Lindsay Corporation are $5.47 (price ÷ EPS = P/E 21.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lindsay Corporation (LNN)?
The dividend yield of Lindsay Corporation is 1.3% (payout 26.9%). 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 Lindsay Corporation (LNN)?
The net margin of Lindsay Corporation is 10.9% (fiscal year 2025). 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 Lindsay Corporation (LNN)?
The return on equity (ROE) of Lindsay Corporation is 11.5% (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 Lindsay Corporation (LNN)?
On an EBIT basis the return on assets of Lindsay Corporation is 11.2% (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 Lindsay Corporation (LNN)?
The operating margin of Lindsay Corporation is 8.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lindsay Corporation (LNN)?
Revenue at Lindsay Corporation is growing −15.7% versus a year earlier (3y avg −4.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Lindsay Corporation (LNN)?
Earnings per share at Lindsay Corporation are growing −52.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Lindsay Corporation (LNN) hold?
Lindsay Corporation holds more cash than debt, $114M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Lindsay Corporation in the live analysis
One click puts Lindsay Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Broad data
Sep 23, 2026