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 $1.9B against $1.1B — 1.7× the size. Blue Bird Corporation trades at the lower P/E: 7.0× against 20.0×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against −5.99%. Blue Bird Corporation has the higher net margin (17.5% vs 8.75%) and the higher return on invested capital (18.2% vs 9.71%). 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 7.01 19.99 21.67
P/S 1.26 1.75 0.77
P/B 3.10 2.20 1.31
Price to free cash flow 13.26 32.00 20.59
EV/EBITDA 9.62 11.53 11.30
EV/Sales 1.26 1.63 1.11
Earnings yield 14.27% 5.00% 3.08%
Free cash flow yield 7.54% 3.12% 3.12%

Profitability

Metric BLBD LNN Farm & Heavy Construction Machinery median
Gross margin 20.57% 28.90% 22.91%
Operating margin 11.77% 10.53% 4.47%
Net margin 17.48% 8.75% 1.41%
Free cash flow margin 9.50% 5.46% 2.26%
Return on equity 64.29% 10.72% 3.99%
Return on assets 32.36% 6.72% 1.31%
Return on invested capital 18.17% 9.71% 4.09%

Growth

Metric BLBD LNN Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% (5.99%) 1.81%
EPS growth (last fiscal year) 22.78% (21.39%) (27.79%)
Revenue growth, 5-year CAGR 10.98% 2.30% 6.63%
Net income growth, 5-year CAGR 59.99% 5.50% 0.00%

Health

Metric BLBD LNN Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.23 0.66
Current ratio 1.64 3.15 1.98
Net debt to EBITDA (0.76) (0.83) 1.12

Dividend

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

Size

Metric BLBD LNN Farm & Heavy Construction Machinery median
Market cap 1.86b 1.09b 836.63m

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