What is Lindsay Corp worth?
With the base-case assumptions below, a discounted cash flow model on Lindsay Corp's reported free cash flow gives $200.81 per share. The share price was $114.25 on September 25, 2026, 43% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.5% | 10.0% | $126.27 | +11% |
| Base | 9.5% | 9.0% | $200.81 | +76% |
| Bull | 14.5% | 8.0% | $349.43 | +206% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $256.89 | $274.14 | $295.23 | $321.59 | $355.48 |
| 8.0% | $214.94 | $226.13 | $239.35 | $255.22 | $274.61 |
| 9.0% | $184.34 | $191.99 | $200.81 | $211.11 | $223.28 |
| 10.0% | $161.06 | $166.50 | $172.67 | $179.71 | $187.85 |
| 11.0% | $142.80 | $146.78 | $151.24 | $156.26 | $161.94 |
Where the presets come from
Base: years 1 to 5 grow at Lindsay Corp's revenue growth rate over the last 4 fiscal years (9.3% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions