Blue Bird Corporation (BLBD) vs Lindsay Corporation (LNN)

Blue Bird Corporation and Lindsay Corporation are both Farm & Heavy Construction Machinery companies. Blue Bird Corporation is the larger, with a market value of $1.8B against $1.1B — 1.6× the size. Blue Bird Corporation trades at the lower P/E: 6.9× against 21.8×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against −7.37%. Blue Bird Corporation has the higher net margin (17.5% vs 8.79%) and the higher return on invested capital (18.2% vs 8.50%). Across the 22 metrics below, Blue Bird Corporation leads on 18 and Lindsay Corporation on 4.

Valuation

Metric BLBD LNN Farm & Heavy Construction Machinery median
P/E 6.87 21.80 23.38
P/S 1.23 1.87 0.81
P/B 3.04 2.36 1.43
Price to free cash flow 12.99 26.20 25.31
EV/EBITDA 9.43 13.42 12.13
EV/Sales 1.23 1.81 1.20
Earnings yield 14.56% 4.59% 2.73%
Free cash flow yield 7.70% 3.82% 3.02%

Profitability

Metric BLBD LNN Farm & Heavy Construction Machinery median
Gross margin 20.57% 29.46% 24.21%
Operating margin 11.77% 9.95% 4.47%
Net margin 17.48% 8.79% 1.49%
Free cash flow margin 9.50% 7.15% 2.15%
Return on equity 64.29% 10.74% 4.16%
Return on assets 32.36% 6.64% 1.45%
Return on invested capital 18.17% 8.50% 3.36%

Growth

Metric BLBD LNN Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% (7.37%) 2.18%
EPS growth (last fiscal year) 22.78% 12.81% —
Revenue growth, 5-year CAGR 10.98% 7.34% 7.34%
Net income growth, 5-year CAGR 59.99% 13.90% 0.00%

Health

Metric BLBD LNN Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.23 0.67
Current ratio 1.64 2.93 1.98
Net debt to EBITDA (0.76) (1.24) 1.12

Dividend

Metric BLBD LNN Farm & Heavy Construction Machinery median
Dividend yield — 1.09% 1.45%
Payout ratio 0.00 0.21 0.08

Size

Metric BLBD LNN Farm & Heavy Construction Machinery median
Market cap 1.77b 1.14b 772.81m

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