Stock fact sheet · data as of
Lindsay Corporation (LNN): fair value, margin of safety and Wheel Score
Industrials · Agricultural - Machinery · United States · High Growth
Is LNN undervalued?
LNN closed at 110.59 on 16 Oct 2026, 16% below the GLS average fair value of 131.61 from 9 models (5 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 19 of the 25 Value points.
The 9 models disagree widely: DDM gives 21.92 while GLS Growth gives 322.65. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files LNN under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for LNN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 130.09 | +18% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 75.17 | -32% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 187.31 | +69% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 73.39 | -34% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 322.65 | +192% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 145.66 | +32% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 169.76 | +54% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 21.92 | -80% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 58.56 | -47% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 22.10 | -80% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 121.00 | +9% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - LNN passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.8 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are moderate - ROIC 11.1%, ROE 13.9%, ROA 8.8% - with debt at 0.26 times equity and a free-cash-flow yield of 4.0%.
The dividend yield is 1.35% with a payout ratio of 28% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Irrigation 83%, Infrastructure 17% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 11.1% |
|---|---|---|---|
| GLS Moat | 6.8 / 10 | ROE | 13.9% |
| Debt / equity | 0.26 | ROA | 8.8% |
| Free-cash-flow yield | 4.0% | Payout ratio | 28% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 72: Good
LNN scores 72 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 19/25), Piotroski health (13/20), the GLS moat (10/15), the option premium on offer (20/20) and how easily the stock trades (9/20). Stability (9/20) is the part holding the score back.
Implied volatility is 40% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 2,480 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 159k shares a day on a market cap of $1.1B, with a beta of 0.68 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 9 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 19 / 25 | 16% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.8/10 | |
| Premium | 20 / 20 | implied volatility 40% | |
| Stability | 9 / 20 | 159k shares/day, $1.1B cap, beta 0.68 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Lindsay Corporation reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Agricultural - Machinery
The 12 companies below are the closest to Lindsay Corporation by market cap within the Agricultural - Machinery industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AEBI Aebi Schmidt Holding AG | 11.22 | 7.24 | -55% | 24No options | $871M |
| WNC Wabash National Corporation | 12.98 | 7.18 | -81% | 36Weak | $529M |
| TWI Titan International, Inc. | 6.71 | 15.65 | +57% | 45Weak | $433M |
| FSS Federal Signal Corporation | 113.47 | 120.11 | +6% | 78Good | $6.9B |
| AGCO AGCO Corporation | 106.20 | 107.33 | +1% | 74Good | $7.4B |
| OSK Oshkosh Corp | 128.71 | 315.98 | +59% | 81Prime | $7.9B |
| CNH CNH Industrial N.V. | 11.95 | 8.78 | -36% | 62Fair | $14.8B |
| ARTW Art's-Way Manufacturing Co., Inc. | 3.21 | 0.4222 | -661% | 17No options | $17M |
| CLEV Concrete Leveling Systems, Inc. | 0.7100 | - | - | 33No options | $10M |
| DE Deere & Company | 650.67 | 343.91 | -89% | 63Fair | $175.4B |
| HYFM Hydrofarm Holdings Group, Inc. | 0.7798 | - | - | 24No options | $4M |
| CAT Caterpillar Inc. | 735.64 | 429.54 | -71% | 67Good | $338.2B |
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Start free See the Sunday ScanQuestions about LNN
Is LNN undervalued right now?
By the GLS models, moderately: at 110.59 the stock trades 16% below the average fair value of 131.61 (data as of 16 Oct 2026).
What is the Wheel Score of LNN and what does it mean?
LNN scores 72 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for LNN?
131.61 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Lindsay Corporation report earnings next?
The next earnings report is due on 22 Oct 2026 (before the open), 6 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does LNN have listed options, and how liquid are they?
Yes. The nightly snapshot found 230 listed contracts with 2,480 open interest across all expiries and implied volatility of 40% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.