Astec Industries, Inc. (ASTE) vs Lindsay Corporation (LNN)

Astec Industries, Inc. and Lindsay Corporation are both Farm & Heavy Construction Machinery companies. Lindsay Corporation is the larger, with a market value of $1.1B against $934.6M — 1.2× the size. Lindsay Corporation trades at the lower P/E: 21.8× against 48.0×. Astec Industries, Inc. grew revenue faster over the last twelve months: 18.7% against −7.37%. Lindsay Corporation has the higher net margin (8.79% vs 1.26%) and the higher return on invested capital (8.50% vs 3.36%). Both pay a dividend; Astec Industries, Inc. yields more (1.47% vs 1.09%). Across the 23 metrics below, Lindsay Corporation leads on 16 and Astec Industries, Inc. on 7.

Valuation

Metric ASTE LNN Farm & Heavy Construction Machinery median
P/E 48.00 21.80 23.38
P/S 0.61 1.87 0.81
P/B 1.38 2.36 1.43
Price to free cash flow 28.36 26.20 25.31
EV/EBITDA 10.70 13.42 12.13
EV/Sales 0.81 1.81 1.20
Earnings yield 2.08% 4.59% 2.73%
Free cash flow yield 3.53% 3.82% 3.02%

Profitability

Metric ASTE LNN Farm & Heavy Construction Machinery median
Gross margin 25.68% 29.46% 24.21%
Operating margin 3.43% 9.95% 4.47%
Net margin 1.26% 8.79% 1.49%
Free cash flow margin 2.15% 7.15% 2.15%
Return on equity 2.87% 10.74% 4.16%
Return on assets 1.58% 6.64% 1.45%
Return on invested capital 3.36% 8.50% 3.36%

Growth

Metric ASTE LNN Farm & Heavy Construction Machinery median
Revenue growth (TTM) 18.70% (7.37%) 2.18%
EPS growth (last fiscal year) 784.21% 12.81% —
Revenue growth, 5-year CAGR 6.60% 7.34% 7.34%
Net income growth, 5-year CAGR (3.35%) 13.90% 0.00%

Health

Metric ASTE LNN Farm & Heavy Construction Machinery median
Debt to equity 0.55 0.23 0.67
Current ratio 2.52 2.93 1.98
Net debt to EBITDA 2.36 (1.24) 1.12

Dividend

Metric ASTE LNN Farm & Heavy Construction Machinery median
Dividend yield 1.47% 1.09% 1.45%
Payout ratio 0.47 0.21 0.08

Size

Metric ASTE LNN Farm & Heavy Construction Machinery median
Market cap 934.60m 1.14b 772.81m

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