AGCO Corporation (AGCO) vs Lindsay Corporation (LNN)

AGCO Corporation and Lindsay Corporation are both Farm & Heavy Construction Machinery companies. AGCO Corporation is the larger, with a market value of $7.6B against $1.1B — 7.0× the size. Lindsay Corporation trades at the lower P/E: 20.0× against 28.6×. AGCO Corporation grew revenue faster over the last twelve months: 0.86% against −5.99%. Lindsay Corporation has the higher net margin (8.75% vs 2.76%) and the higher return on invested capital (9.71% vs 5.61%). Both pay a dividend; Lindsay Corporation yields more (1.39% vs 1.07%). Across the 23 metrics below, Lindsay Corporation leads on 14 and AGCO Corporation on 9.

Valuation

Metric AGCO LNN Farm & Heavy Construction Machinery median
P/E 28.59 19.99 21.67
P/S 0.76 1.75 0.77
P/B 1.88 2.20 1.31
Price to free cash flow 25.97 32.00 20.59
EV/EBITDA 10.97 11.53 11.30
EV/Sales 0.98 1.63 1.11
Earnings yield 3.50% 5.00% 3.08%
Free cash flow yield 3.85% 3.12% 3.12%

Profitability

Metric AGCO LNN Farm & Heavy Construction Machinery median
Gross margin 25.00% 28.90% 22.91%
Operating margin 5.61% 10.53% 4.47%
Net margin 2.76% 8.75% 1.41%
Free cash flow margin 2.91% 5.46% 2.26%
Return on equity 6.53% 10.72% 3.99%
Return on assets 2.31% 6.72% 1.31%
Return on invested capital 5.61% 9.71% 4.09%

Growth

Metric AGCO LNN Farm & Heavy Construction Machinery median
Revenue growth (TTM) 0.86% (5.99%) 1.81%
EPS growth (last fiscal year) 271.35% (21.39%) (27.79%)
Revenue growth, 5-year CAGR 1.96% 2.30% 6.63%
Net income growth, 5-year CAGR 11.21% 5.50% 0.00%

Health

Metric AGCO LNN Farm & Heavy Construction Machinery median
Debt to equity 0.66 0.23 0.66
Current ratio 1.32 3.15 1.98
Net debt to EBITDA 1.71 (0.83) 1.12

Dividend

Metric AGCO LNN Farm & Heavy Construction Machinery median
Dividend yield 1.07% 1.39% 1.24%
Payout ratio 0.31 0.28 0.31

Size

Metric AGCO LNN Farm & Heavy Construction Machinery median
Market cap 7.60b 1.09b 836.63m

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