LNR : Linamar Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Linamar Corporation trades with the ticker LNR on the TSX and is in the Auto Parts industry.

Overview
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified powered vehicle markets. It also focuses on components and systems for new energy powertrains, body and chassis, driveline, engine, and transmission systems of vehicles. The Industrial segment manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. This segment also manufactures draper headers and self-propelled windrowers for the agricultural harvesting industry, as well as supplies farm tillage and crop fertilizer applicator equipment. The company was founded in 1964 and is headquartered in Guelph, Canada.
 

Looking to invest in Linamar Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LNR.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $4302.469MM

PE Ratio: 8.552

Price: 70.01 (Updated: 3/12/2024 0:47:16)



Linamar Corporation (LNR) vs Competitors in Auto Parts

Lets see how LNR.TO stacks up against others in the Auto Parts asset management industry. We have identified its main peers as:

Magna International Inc, Martinrea International Inc, Westport Fuel Systems Inc, Exco Technologies Limited, Magna International Inc

.

Auto Parts Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Linamar Corporation (LNR) $4,302.469 8.552 4.287 1.4%
Magna International Inc (MG) $21,098.994 12.926 8.122 3.5%
Martinrea International Inc (MRE) $918.943 6.093 3.279 1.7%
Westport Fuel Systems Inc (WPRT) $128.641 N/A -4.298 N/A%
Exco Technologies Limited (XTC) $285.63 10.352 5.063 5.7%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Auto Parts

  • Linamar Corporation (LNR) vs Magna International Inc (MG)
    • LNR has higher EPS (8.17 vs 5.69). MG has higher dividend yield (3.5% vs 1.4%). MG has a higher P/E ratio (12.926 vs 8.552) indicating it’s more expensive.
  • Linamar Corporation (LNR) vs Martinrea International Inc (MRE)
    • LNR has higher EPS (8.17 vs 1.93). MRE has higher dividend yield (1.7% vs 1.4%). LNR has a higher P/E ratio (8.552 vs 6.093) indicating it’s more expensive.
  • Linamar Corporation (LNR) vs Westport Fuel Systems Inc (WPRT)
    • LNR has higher EPS (8.17 vs -4.05). LNR provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating LNR (P/E 8.552) is in a better position.
  • Linamar Corporation (LNR) vs Exco Technologies Limited (XTC)
    • LNR has higher EPS (8.17 vs 0.71). XTC has higher dividend yield (5.7% vs 1.4%). XTC has a higher P/E ratio (10.352 vs 8.552) indicating it’s more expensive.
  • Linamar Corporation (LNR) vs Magna International Inc (MG)
    • LNR has higher EPS (8.17 vs 5.69). MG has higher dividend yield (3.5% vs 1.4%). MG has a higher P/E ratio (12.926 vs 8.552) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy LNR stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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