Why is Lindsay Corp. ?
1
Company has a low Debt to Equity ratio (avg) at times
2
Flat results in May 25
- RAW MATERIAL COST(Y) Grown by 5.43% (YoY)
3
With ROE of 14.88%, it has a fair valuation with a 4.97 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -8.43%, its profits have risen by 11% ; the PEG ratio of the company is 2.6
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -8.43% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you hold?
- Overall Portfolio exposure to Lindsay Corp. should be less than 10%
- Overall Portfolio exposure to Automobiles should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Lindsay Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Lindsay Corp.
-9.71%
0.15
26.42%
S&P 500
13.22%
0.64
20.20%
Quality key factors
Factor
Value
Sales Growth (5y)
8.63%
EBIT Growth (5y)
17.91%
EBIT to Interest (avg)
24.70
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.17
Sales to Capital Employed (avg)
1.11
Tax Ratio
20.98%
Dividend Payout Ratio
23.44%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
20.92%
ROE (avg)
15.02%
Valuation Key Factors 
Factor
Value
P/E Ratio
33
Industry P/E
Price to Book Value
4.97
EV to EBIT
28.89
EV to EBITDA
23.97
EV to Capital Employed
5.57
EV to Sales
3.86
PEG Ratio
2.64
Dividend Yield
0.62%
ROCE (Latest)
19.27%
ROE (Latest)
14.88%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 121.98 MM
CASH AND EQV(HY)
Highest at USD 397.51 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -14.26 %
INVENTORY TURNOVER RATIO(HY)
Highest at 2.89 times
DEBTORS TURNOVER RATIO(HY)
Highest at 4.72 times
DIVIDEND PER SHARE(HY)
Highest at USD 4.72
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 5.43% (YoY
Here's what is working for Lindsay Corp.
Operating Cash Flow
Highest at USD 121.98 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Cash and Eqv
Highest at USD 397.51 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -14.26 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 2.89 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.72 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Dividend per share
Highest at USD 4.72
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Here's what is not working for Lindsay Corp.
Raw Material Cost
Grown by 5.43% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






