Lindsay (STU:LMF) 5-Year ROIIC % : 18.93% (As of Aug. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:LMF Lindsay Corp STU:LMF
71 GF Score
Price €99.50
GF Value €108.00
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Lindsay 5-Year ROIIC %?

Lindsay STU:LMF +2.58% 71 5-Year ROIIC % is 18.93 as of Aug. 2025. GuruFocus rates STU:LMF with a GF Score™ of 71/100 and a GF Value™ of €108.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 190 Farm & Heavy Construction Machinery companies, Lindsay ranks better than 77.37% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Lindsay's 5-Year ROIIC % for the quarter that ended in Aug. 2025 was 18.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lindsay's 5-Year ROIIC % or its related term are showing as below:

STU:LMF's 5-Year ROIIC % is ranked better than
77.37% of 190 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.95 vs STU:LMF: 18.93

Lindsay  (STU:LMF) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Lindsay 5-Year ROIIC % Related Terms


Lindsay 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Lindsay's 5-Year ROIIC % 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.

Lindsay 5-Year ROIIC % Chart

Lindsay Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.51 24.49 22.89 31.64 18.93

Lindsay Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 18.93 0.00 0.00 0.00

STU:LMF vs ASTE, AEBI, HY: 5-Year ROIIC % Comparison

For the Farm & Heavy Construction Machinery subindustry, Lindsay's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lindsay's 5-Year ROIIC % falls into.


STU:LMF
71GF Score
Lindsay Corp STU:LMF
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindsay 5-Year ROIIC % Calculation

Lindsay's 5-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 59.2647471 (Aug. 2025) - 36.2240109 (Aug. 2020) )/( 457.846 (Aug. 2025) - 333.761 (Aug. 2020) )
=23.0407362/124.085
=18.57%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 5-Year ROIIC % →
What does a 5-Year ROIIC % of 18.93 mean?
Lindsay (STU:LMF) has a 5-Year ROIIC % of 18.93 as of Aug. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Lindsay and its competitors. According to the industry distribution chart, Lindsay ranks #43 out of 190 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 22.6%.
Is Lindsay's 5-Year ROIIC % too high?
Lindsay's current 5-Year ROIIC % is 18.93. The Farm & Heavy Construction Machinery industry median 5-Year ROIIC % is 4.95. Lindsay's value of 18.93 is 282.4% above this industry median. Based on the distribution chart, Lindsay ranks #43 out of 190 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Lindsay has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lindsay's 5-Year ROIIC % compare to ASTE and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lindsay ranks #43 out of 190 companies for 5-Year ROIIC %. This places Lindsay in the top 23% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 4.95. Lindsay's value of 18.93 is 282.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Farm & Heavy Construction Machinery company?
The median 5-Year ROIIC % among Farm & Heavy Construction Machinery companies is 4.95, based on 190 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindsay's current 5-Year ROIIC % of 18.93 is 282.4% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Lindsay and its competitors. For the Farm & Heavy Construction Machinery industry, the median 5-Year ROIIC % is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindsay's current 5-Year ROIIC % is 18.93. 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 €108.00, compared to a current price of €99.50 — trading 7.9% below its estimated fair value. The current 5-Year ROIIC % is 18.93 and 282.4% above the Farm & Heavy Construction Machinery industry median of 4.95. Lindsay's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Lindsay (STU:LMF), the current 5-Year ROIIC % is 18.93 as of Aug. 2025. 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 €99.50 is trading 7.9% below its estimated GF Value™ of €108.00. GuruFocus considers Lindsay to be Fairly Valued.

Key valuation signals for STU:LMF:

  • 5-Year ROIIC %: 18.93
  • GF Value™: €108.00 vs. price of €99.50 (7.9% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 282.4% above the Farm & Heavy Construction Machinery median (#43 of 190)

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 Business Description

Other Exchanges LNN:USALMF:Germany
Address 18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
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.
71GF Score

Get the complete analysis for STU:LMF

5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€99.50
Price
€108.00
GF Value