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LindsayFRA:LMF +0.50%68 Equity-to-Asset is 0.61 as of May. 2026, which is 13% above its 10-year median of 0.54. GuruFocus rates FRA:LMF with a GF Score™ of 68/100 and a GF Value™ of €105.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 213 Farm & Heavy Construction Machinery companies, Lindsay ranks better than 69.95% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lindsay's Total Stockholders Equity for the quarter that ended in May. 2026 was €427.2 Mil. Lindsay's Total Assets for the quarter that ended in May. 2026 was €703.3 Mil.
Therefore, Lindsay's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.61.
The historical rank and industry rank for Lindsay's Equity-to-Asset or its related term are showing as below:
FRA:LMF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51 Med: 0.54 Max: 0.63
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Lindsay was 0.63. The lowest was 0.51. And the median was 0.54.
FRA:LMF's Equity-to-Asset is ranked better than 69.95% of 213
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.51
vs FRA:LMF: 0.61
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Lindsay Equity-to-Asset Related Terms
Lindsay Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Lindsay's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:LMF vs ASTE, AEBI, HY: Equity-to-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Lindsay's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lindsay Equity-to-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lindsay's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Lindsay's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lindsay (FRA:LMF) has a Equity-to-Asset of 0.61 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lindsay and its competitors. This is 13% above median its historical median of 0.54. Over the past decade, Lindsay's Equity-to-Asset has ranged from 0.51 to 0.63. According to the industry distribution chart, Lindsay ranks #64 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 30%.
Is Lindsay's Equity-to-Asset too high?
Lindsay's current Equity-to-Asset of 0.61 is 13% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.63. The Farm & Heavy Construction Machinery industry median Equity-to-Asset is 0.51. Lindsay's value of 0.61 is 19.6% above this industry median. Based on the distribution chart, Lindsay ranks #64 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Lindsay has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lindsay's Equity-to-Asset compare to ASTE and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lindsay ranks #64 out of 213 companies for Equity-to-Asset. This puts Lindsay in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Lindsay's value of 0.61 is 19.6% above this benchmark. Historically, Lindsay's own Equity-to-Asset has ranged from 0.51 to 0.63 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.51, Lindsay has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Farm & Heavy Construction Machinery company?
The median Equity-to-Asset among Farm & Heavy Construction Machinery companies is 0.51, based on 213 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindsay's current Equity-to-Asset of 0.61 is 19.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lindsay and its competitors. For the Farm & Heavy Construction Machinery industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindsay's current Equity-to-Asset is 0.61, which is 13% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindsay stock overvalued right now?
Based on GuruFocus' analysis, Lindsay (FRA:LMF) is currently considered Fairly Valued. The stock's GF Value™ is €105.79, compared to a current price of €100.00 — trading 5.5% below its estimated fair value. The current Equity-to-Asset is 0.61, which is 13% above median its 10-year median of 0.54 and 19.6% above the Farm & Heavy Construction Machinery industry median of 0.51. Lindsay's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Lindsay (FRA:LMF), the current Equity-to-Asset is 0.61 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lindsay (FRA:LMF) Overvalued in 2026?
Based on GuruFocus' analysis, Lindsay stock appears to be undervalued.
The current stock price of €100.00 is trading 5.5% below its estimated GF Value™ of €105.79.
GuruFocus considers Lindsay to be Fairly Valued.
Key valuation signals for FRA:LMF:
Equity-to-Asset: 0.61 (13% above median its 10-year median of 0.54)
GF Value™: €105.79 vs. price of €100.00 (5.5% below fair value)
Industry Position: 19.6% above the Farm & Heavy Construction Machinery median (#64 of 213)
No single metric tells the full story. See the FRA:LMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lindsay Corp provides proprietary water management and road infrastructure products and services. It manufactures and distributes agricultural irrigation equipment through two segments: Irrigation and Infrastructure. The Irrigation segment makes center pivot, lateral move, and hose reel irrigation systems and parts. The Infrastructure segment produces barriers, crash cushions, road marking and safety equipment, and railroad signals. The majority of revenue is from the Irrigation segment. The company operates in the United States and international markets, with the majority of revenue coming from the United States.
68GF Score
Get the complete analysis for FRA:LMF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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