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 -5.91%, 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 -5.91% 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.
-11.68%
0.31
26.57%
S&P 500
25.41%
0.70
20.15%
Quality key factors
Factor
Value
Sales Growth (5y)
7.05%
EBIT Growth (5y)
12.45%
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)
1.06
Tax Ratio
20.98%
Dividend Payout Ratio
21.38%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
20.92%
ROE (avg)
15.02%
Valuation Key Factors 
Factor
Value
P/E Ratio
30
Industry P/E
Price to Book Value
4.21
EV to EBIT
24.20
EV to EBITDA
19.53
EV to Capital Employed
4.80
EV to Sales
3.16
PEG Ratio
3.84
Dividend Yield
0.74%
ROCE (Latest)
19.84%
ROE (Latest)
14.17%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
4What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at USD 4.34
DIVIDEND PAYOUT RATIO(Y)
Highest at 32.21%
CASH AND EQV(HY)
Highest at USD 385.73 MM
-11What is not working for the Company
ROCE(HY)
Lowest at 11.5%
PRE-TAX PROFIT(Q)
At USD 15.57 MM has Fallen at -34.06%
NET PROFIT(Q)
At USD 12.04 MM has Fallen at -34.37%
RAW MATERIAL COST(Y)
Grown by 20.22% (YoY
Here's what is working for Lindsay Corp.
Dividend per share
Highest at USD 4.34 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Cash and Eqv
Highest at USD 385.73 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Dividend Payout Ratio
Highest at 32.21%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at USD 5.85 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
Here's what is not working for Lindsay Corp.
Pre-Tax Profit
At USD 15.57 MM has Fallen at -34.06%
over average net sales of the previous four periods of USD 23.61 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (USD MM)
Net Profit
At USD 12.04 MM has Fallen at -34.37%
over average net sales of the previous four periods of USD 18.35 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Raw Material Cost
Grown by 20.22% (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






