LindsaySTU:LMF +0.95%67 Return-on-Tangible-Equity is 16.07% as of May. 2026, which is 13% below its 10-year median of 18.55. GuruFocus rates STU:LMF with a GF Score™ of 67/100 and a GF Value™ of €107.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 198 Farm & Heavy Construction Machinery companies, Lindsay ranks better than 64.14% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Lindsay's annualized net income for the quarter that ended in May. 2026 was €54.2 Mil. Lindsay's average shareholder tangible equity for the quarter that ended in May. 2026 was €337.1 Mil. Therefore, Lindsay's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 16.07%.
The historical rank and industry rank for Lindsay's Return-on-Tangible-Equity or its related term are showing as below:
STU:LMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.19 Med: 18.55 Max: 23.46
Current: 13.47
During the past 13 years, Lindsay's highest Return-on-Tangible-Equity was 23.46%. The lowest was 1.19%. And the median was 18.55%.
STU:LMF's Return-on-Tangible-Equity is ranked better than 64.14% of 198
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.355
vs STU:LMF: 13.47
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Lindsay Return-on-Tangible-Equity Related Terms
Lindsay Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lindsay's Return-on-Tangible-Equity 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.
STU:LMF vs ASTE, AEBI, HY: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Lindsay's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lindsay's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.07% mean?
Lindsay (STU:LMF) has a Return-on-Tangible-Equity of 16.07% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lindsay and its competitors. This is 13% below median its historical median of 18.55. Over the past decade, Lindsay's Return-on-Tangible-Equity has ranged from 1.19 to 23.46. According to the industry distribution chart, Lindsay ranks #71 out of 198 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 35.9%.
Is Lindsay's Return-on-Tangible-Equity too high?
Lindsay's current Return-on-Tangible-Equity of 16.07% is 13% below median its 10-year median of 18.55. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 23.46. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.36. Lindsay's value of 16.07% is 71.8% above this industry median. Based on the distribution chart, Lindsay ranks #71 out of 198 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Lindsay has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lindsay's Return-on-Tangible-Equity compare to ASTE and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lindsay ranks #71 out of 198 companies for Return-on-Tangible-Equity. This puts Lindsay in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.36. Lindsay's value of 16.07% is 71.8% above this benchmark. Historically, Lindsay's own Return-on-Tangible-Equity has ranged from 1.19 to 23.46 over the past decade. While the company's 10-year median is 18.55 vs. the industry median of 9.36, 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 Return-on-Tangible-Equity for a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.36, based on 198 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindsay's current Return-on-Tangible-Equity of 16.07% is 71.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lindsay and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindsay's current Return-on-Tangible-Equity is 16.07%, which is 13% below median its own 10-year median of 18.55. 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 (STU:LMF) is currently considered Fairly Valued. The stock's GF Value™ is €107.76, compared to a current price of €106.00 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Equity is 16.07%, which is 13% below median its 10-year median of 18.55 and 71.8% above the Farm & Heavy Construction Machinery industry median of 9.36. Lindsay's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Lindsay (STU:LMF), the current Return-on-Tangible-Equity is 16.07% 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 (STU:LMF) Overvalued in 2026?
Based on GuruFocus' analysis, Lindsay stock appears to be undervalued.
The current stock price of €106.00 is trading 1.6% below its estimated GF Value™ of €107.76.
GuruFocus considers Lindsay to be Fairly Valued.
Key valuation signals for STU:LMF:
Return-on-Tangible-Equity: 16.07% (13% below median its 10-year median of 18.55)
GF Value™: €107.76 vs. price of €106.00 (1.6% below fair value)
Industry Position: 71.8% above the Farm & Heavy Construction Machinery median (#71 of 198)
No single metric tells the full story. See the STU: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.
67GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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