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Lindsay (Lindsay) Cyclically Adjusted Price-to-FCF : 42.37 (As of May. 27, 2024)


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What is Lindsay Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Lindsay's current share price is $113.97. Lindsay's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $2.69. Lindsay's Cyclically Adjusted Price-to-FCF for today is 42.37.

The historical rank and industry rank for Lindsay's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LNN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.87   Med: 34.98   Max: 74.78
Current: 42.36

During the past years, Lindsay's highest Cyclically Adjusted Price-to-FCF was 74.78. The lowest was 23.87. And the median was 34.98.

LNN's Cyclically Adjusted Price-to-FCF is ranked worse than
65.98% of 97 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.62 vs LNN: 42.36

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Lindsay's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $-1.948. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.69 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsay Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lindsay's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lindsay Cyclically Adjusted Price-to-FCF Chart

Lindsay Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 35.49 58.97 65.16 41.46

Lindsay Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.58 45.15 41.46 38.58 44.35

Competitive Comparison of Lindsay's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Lindsay's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lindsay's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lindsay's Cyclically Adjusted Price-to-FCF falls into.



Lindsay Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Lindsay's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=113.97/2.69
=42.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lindsay's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Lindsay's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-1.948/130.9299*130.9299
=-1.948

Current CPI (Feb. 2024) = 130.9299.

Lindsay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 2.404 100.373 3.136
201408 1.255 100.352 1.637
201411 0.167 99.635 0.219
201502 0.580 99.032 0.767
201505 1.293 100.333 1.687
201508 0.866 100.548 1.128
201511 0.336 100.135 0.439
201602 -1.466 100.040 -1.919
201605 2.105 101.355 2.719
201608 1.069 101.617 1.377
201611 0.629 101.829 0.809
201702 -0.017 102.779 -0.022
201705 1.095 103.256 1.388
201708 1.150 103.587 1.454
201711 -0.648 104.072 -0.815
201802 -0.618 105.052 -0.770
201805 1.378 106.148 1.700
201808 2.003 106.383 2.465
201811 -1.852 106.338 -2.280
201902 -2.923 106.649 -3.588
201905 1.083 108.048 1.312
201908 1.888 108.245 2.284
201911 -0.257 108.519 -0.310
202002 -0.436 109.139 -0.523
202005 1.031 108.175 1.248
202008 1.920 109.662 2.292
202011 0.896 109.793 1.068
202102 -1.383 110.968 -1.632
202105 1.229 113.576 1.417
202108 0.845 115.421 0.959
202111 -2.471 117.269 -2.759
202202 -1.411 119.703 -1.543
202205 0.510 123.323 0.541
202208 2.224 124.958 2.330
202211 0.080 125.607 0.083
202302 -0.020 126.928 -0.021
202305 4.092 128.314 4.175
202308 4.978 129.538 5.032
202311 1.350 129.548 1.364
202402 -1.948 130.930 -1.948

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Lindsay  (NYSE:LNN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Lindsay Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Lindsay's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Lindsay (Lindsay) Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.
Executives
Si Pablo Di director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
James Scott Marion officer: President - Infrastructure Div 2222 NORTH 111TH ST, OMAHA NE 68164
Michael Nahl director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Ibrahim Gokcen director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Gustavo E Oberto officer: President - Irrigation 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael D Walter director ONE CONAGRA DRIVE, OMAHA NE 68102
Randy A Wood officer: Pres - Agricultural Irrigation 2222 N 111TH STREET, OMAHA NE 68164
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Bill Welsh director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Madere Consuelo E. director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
David B Downing officer: Vice President & CFO 2707 N. 108TH ST., SUITE 102, OMAHA NE 68164
Timothy L Hassinger director, officer: President and CEO 2222 NORTH 111TH ST, OMAHA NE 68164
Rick Parod officer: President & CEO 2707 N 108TH STREET STE102, OMAHA NE 68164
Brian L Ketcham officer: Vice President and CFO 2222 N 111TH STREET, OMAHA NE 68164