Lindsay Corporation (LNN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Lindsay Corporation stock $88.27, price $106, that is 17.0% below the price, quality 65 out of 100. Rating: overvalued. Calculated from audited financials with 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 5, 2026.
How to read this chart
60‑month range $102.22 – $173.72 · fair‑value band $56.94 – $126.22 · the $106.33 price screens above the $88.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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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.
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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 $106.33, while our model-based Fair Value estimate is $88.27, 17% 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 $115.99 per share, and 7 of the 26 models we run sit above the $106.33 price.
Bear case: the Asset-Based group reads lowest at $15.95, and 19 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $56.94 (bear) to $126.22 (bull), the price of $106.33 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 65/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Lindsay Corporation reported revenue of $636M in FY2026 versus $771M in FY2022, a compound −4.7%/yr. Reported net income was $55.7M in FY2026, compounding −4.0%/yr from FY2022.
Key figures
Market cap $1.1B Small · P/E ratio 19.9 · P/S ratio 1.76 · EPS (TTM) $5.33 · Dividend yield 1.4% · Net margin 8.8% · Return on equity 10.7% · Return on assets (EBIT) 11.2% (5-year average).
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 21% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at −17%, LNN screens richer than that median.
Fair Value models
Bear$56.94Fair Value $88.27Bull$126.22
Price $106.33 · Downside -17.0%
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. Based on fiscal year 2026 figures (about 2 months old). Earnings retained since then ($0.7259 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. 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, no officer or director bought or sold shares on the open market.
Plus 8 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.51/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.0%
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.
−1.9%
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.
+2.3%
Start year 2021 (pandemic). Over 10 years: +2.1% a year
Revenue growth 39 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.
+6.5%
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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. Basis: adjusted.
+8.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.0%
Dividend (yield on the price)1.4%
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.6.4% vs 9.3%, steady
Profit margin 2021 to 2026 ⓘ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.10% → 11%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+18.8%
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.
+4.0%
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 +16.1% a year for the price and +1.6% 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.
Price, fair value, quality and upside side by side.
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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.Farm & Heavy Construction Machinery · 145 stocks
Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside−17.0% · Below median
Profitability
Return on equity (12 months)10.7% · Above median
Return on assets6.8% · Above median
Net margin (12 months)8.8% · Above median
Operating margin (12 months)9.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)5.2% · Below median
Dividend yield (12 months)1.4% · Below median
Balance sheet
Debt / equity0.23× · 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 Nov 5, 2026, our model estimates a fair value of $88.27 versus a price of $106.33, about 17% lower (overvalued).
What is the fair value of LNN?
Our model-based fair value for Lindsay Corporation is $88.27 (as of Nov 5, 2026), built from audited fundamentals. The current price: $106.33.
What is the quality score of LNN?
Lindsay Corporation has a Quality Score of 65/100. 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 $88.27 (as of Nov 5, 2026) from 26 valuation models. Cautious scenario $56.94, optimistic scenario $126.22. 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 $88.27, about 17% lower versus a price of $106.33 (overvalued). Cautious scenario $56.94, optimistic scenario $126.22. 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 $636M (latest available figure, as of Nov 5, 2026).
Does Lindsay Corporation pay a dividend?
Lindsay Corporation currently shows a dividend yield of 1.40% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Lindsay Corporation (LNN) and when is the ex-dividend date?
Lindsay Corporation pays a dividend of $1.49 per share a year, a dividend yield of 1.4%. The next ex-dividend date is Nov 16, 2026, with payment on Nov 30, 2026. A dividend has been paid every year since at least 1996. The payout ratio is 28.0% of earnings. Free cash flow covers the dividend 2.29 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
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 +18.8 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of LNN use?
Our models discount Lindsay Corporation at 10.3 %: a base by market capitalisation (small), damped by beta 0.68, 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 +18.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) 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 +2.3 % a year. The price currently implies free-cash-flow growth of +18.8 % 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 Lindsay Corporation (LNN) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Lindsay Corporation (+18.8 % per 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 3.11 %: that much free cash flow Lindsay Corporation produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), 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 $88.27 per share (as of Nov 5, 2026), against a price of $106.33. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Lindsay Corporation stock overvalued or undervalued in 2026?
As of Nov 5, 2026, LNN trades above its calculated fair value: price $106.33, fair value $88.27, a gap of about −17% (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 LNN?
No. The price is what the market pays today ($106.33); the fair value is what the company's own numbers justify ($88.27). For Lindsay Corporation the two are $18.06 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 $1.1B (market capitalisation, as of Nov 5, 2026). Per share that is $106.33; our models calculate a fair value of $88.27 per share.
What do the bullish and bearish scenarios say about LNN?
Our models span a range for Lindsay Corporation: cautious scenario $56.94, base $88.27, optimistic $126.22 per share (as of Nov 5, 2026, price $106.33). 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 19.9 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $88.27 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2018, FY2019, FY2021 ex one-offs: 27.6. Other multiples: PEG 1.2, P/B 2.2, P/S 1.8, EV/EBITDA 11.6.
What is the PEG ratio of LNN?
The PEG ratio of Lindsay Corporation is 1.17 (P/E divided by earnings growth, as of Nov 5, 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 Nov 5, 2026): return on equity 10.7%, debt of 0.23 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is LNN from its 52-week high?
Lindsay Corporation trades at $106.33, about 21% below its 52-week high of $135.41 and 4% above the low of $102.22 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $88.27 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 Nov 5, 2026: price $106.33, calculated fair value $88.27 (−17%), Quality Score 65/100, 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 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $88.27 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. Lindsay Corporation 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 Lindsay Corporation (LNN)?
The closing price on Nov 6, 2026 was $106.33. Our model-based fair value is $88.27, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lindsay Corporation right now?
Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($56.94 to $126.22) leaves room in how you read the outcome.
Where does the earnings growth of Lindsay Corporation (LNN) come from?
Earnings per share at Lindsay Corporation grew +12.6 % a year from 2015 to 2026. Broken into its drivers: revenue per share +2.4 %, EBIT margin +4.9 %, tax rate +2.6 %, residual (interest, one-offs) +2.1 %. 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 $1.1B. 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 1.76 (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 Lindsay Corporation (LNN)?
Earnings per share at Lindsay Corporation are $5.33 (price ÷ EPS = P/E 19.9). 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 1.4% (payout 28.0%). 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 8.8% (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 Lindsay Corporation (LNN)?
The return on equity (ROE) of Lindsay Corporation is 10.7% (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 9.6% (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 +5.2% versus a year earlier (3y avg −1.9%). 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 +11.4% 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, $52.5M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 5, 2026