Lindsay Corporation (LNN) vs The Manitowoc Company, Inc. (MTW)

Lindsay Corporation and The Manitowoc Company, Inc. are both Farm & Heavy Construction Machinery companies. Lindsay Corporation is the larger, with a market value of $1.1B against $772.8M — 1.5× the size. Lindsay Corporation trades at the lower P/E: 21.8× against 39.6×. The Manitowoc Company, Inc. grew revenue faster over the last twelve months: 8.86% against −7.37%. Lindsay Corporation has the higher net margin (8.79% vs 0.87%) and the higher return on invested capital (8.50% vs 4.24%). Across the 22 metrics below, Lindsay Corporation leads on 14 and The Manitowoc Company, Inc. on 8.

Valuation

Metric LNN MTW Farm & Heavy Construction Machinery median
P/E 21.80 39.61 23.38
P/S 1.87 0.34 0.81
P/B 2.36 1.14 1.43
Price to free cash flow 26.20 11.07 25.31
EV/EBITDA 13.42 8.61 12.13
EV/Sales 1.81 0.51 1.20
Earnings yield 4.59% 2.52% 2.73%
Free cash flow yield 3.82% 9.03% 3.02%

Profitability

Metric LNN MTW Farm & Heavy Construction Machinery median
Gross margin 29.46% 18.72% 24.21%
Operating margin 9.95% 3.14% 4.47%
Net margin 8.79% 0.87% 1.49%
Free cash flow margin 7.15% 3.11% 2.15%
Return on equity 10.74% 2.92% 4.16%
Return on assets 6.64% 1.06% 1.45%
Return on invested capital 8.50% 4.24% 3.36%

Growth

Metric LNN MTW Farm & Heavy Construction Machinery median
Revenue growth (TTM) (7.37%) 8.86% 2.18%
EPS growth (last fiscal year) 12.81% (87.18%) —
Revenue growth, 5-year CAGR 7.34% 9.20% 7.34%
Net income growth, 5-year CAGR 13.90% 0.00% 0.00%

Health

Metric LNN MTW Farm & Heavy Construction Machinery median
Debt to equity 0.23 0.67 0.67
Current ratio 2.93 2.11 1.98
Net debt to EBITDA (1.24) 3.24 1.12

Dividend

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

Size

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

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