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 $8.1B against $1.1B — 7.1× the size. AGCO Corporation trades at the lower P/E: 16.3× against 21.8×. AGCO Corporation grew revenue faster over the last twelve months: 1.74% against −7.37%. Lindsay Corporation has the higher net margin (8.79% vs 5.15%) and the higher return on invested capital (8.50% vs 6.05%). Both pay a dividend; AGCO Corporation yields more (5.07% vs 1.09%). Across the 23 metrics below, AGCO Corporation leads on 12 and Lindsay Corporation on 11.

Valuation

Metric AGCO LNN Farm & Heavy Construction Machinery median
P/E 16.30 21.80 23.38
P/S 0.81 1.87 0.81
P/B 2.06 2.36 1.43
Price to free cash flow 25.31 26.20 25.31
EV/EBITDA 11.18 13.42 12.13
EV/Sales 1.02 1.81 1.20
Earnings yield 6.13% 4.59% 2.73%
Free cash flow yield 3.95% 3.82% 3.02%

Profitability

Metric AGCO LNN Farm & Heavy Construction Machinery median
Gross margin 25.27% 29.46% 24.21%
Operating margin 5.83% 9.95% 4.47%
Net margin 5.15% 8.79% 1.49%
Free cash flow margin 3.20% 7.15% 2.15%
Return on equity 12.93% 10.74% 4.16%
Return on assets 4.41% 6.64% 1.45%
Return on invested capital 6.05% 8.50% 3.36%

Growth

Metric AGCO LNN Farm & Heavy Construction Machinery median
Revenue growth (TTM) 1.74% (7.37%) 2.18%
EPS growth (last fiscal year) 271.35% 12.81% —
Revenue growth, 5-year CAGR 1.96% 7.34% 7.34%
Net income growth, 5-year CAGR 11.21% 13.90% 0.00%

Health

Metric AGCO LNN Farm & Heavy Construction Machinery median
Debt to equity 0.67 0.23 0.67
Current ratio 1.32 2.93 1.98
Net debt to EBITDA 1.71 (1.24) 1.12

Dividend

Metric AGCO LNN Farm & Heavy Construction Machinery median
Dividend yield 5.07% 1.09% 1.45%
Payout ratio 0.07 0.21 0.08

Size

Metric AGCO LNN Farm & Heavy Construction Machinery median
Market cap 8.14b 1.14b 772.81m

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