Discounted Cash Flow

Lindsay Corp.

LNN · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 49/100 (moderate) — FCF YoY std dev 71%, net income 48% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $601.7m $23.6m $25.1m 3.9% $1.86
2017 $603.6m (0.3%) $27.0m (14.4%) $35.6m (41.8%) 4.5% (14.0%) $2.17 (16.7%)
2018 $638.2m (5.7%) $23.6m (-12.5%) $26.7m (-25.2%) 3.7% (-17.3%) $1.89 (-12.9%)
2019 $508.4m (-20.3%) $2.5m (-89.3%) $-22.6m (-184.9%) 0.5% (-86.6%) $0.20 (-89.4%)
2020 $539.7m (6.2%) $45.0m (1678.5%) $28.7m (226.7%) 8.3% (1575.3%) $3.57 (1685.0%)
2021 $642.4m (19.0%) $49.6m (10.2%) $20.3m (-29.0%) 7.7% (-7.4%) $3.91 (9.5%)
2022 $885.9m (37.9%) $76.3m (53.8%) $-14.6m (-171.9%) 8.6% (11.5%) $5.97 (52.7%)
2023 $771.3m (-12.9%) $84.3m (10.6%) $117.6m (904.4%) 10.9% (27.0%) $6.58 (10.2%)
2024 $680.8m (-11.7%) $77.2m (-8.5%) $77.8m (-33.8%) 11.3% (3.7%) $6.04 (-8.2%)
2025 $768.0m (12.8%) $86.3m (11.8%) $105.4m (35.4%) 11.2% (-0.9%) $6.82 (12.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model