Linamar Corporation

LNR.F · Consumer Cyclical · Auto Parts · Valued as of 2026-11-04 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

3.94B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

3.96B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

4.66B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

4.18B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

3.70B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

1.13×

the ratio the screener ranks by

Margin of Safety

+11.5%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 3.94B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)4.42B USD
−②Net Debt Today620.09M USD
+③Growth Value137.12M USD
=Value3.94B USD

EPV of the Operations (NOPAT over WACC)

4.42B USD

Net debt today

-620.09M USD

Growth Value

+137.12M USD

Value

3.94B USD

①EPV (Earnings Power Value)

4.42B USD

②Net Debt Today

620.09M USD

③Growth Value

137.12M USD

Market value

Market Cap3.70B USD

The price on the date above times the shares.

Value vs market

Margin of Safety+6.0%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 3.96B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE2.38B USD
+②Equity at Year 15, Today1.58B USD
=Value3.96B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

2.38B USD

②Equity at Year 15, Today

1.58B USD

Market value

Market Cap3.70B USD

The price on the date above times the shares.

Value vs market

Margin of Safety+6.5%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 4.66B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF3.45B USD
+②Invested Capital at Year 15, Today1.82B USD
−③Net Debt Today620.09M USD
=Value4.66B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

3.45B USD

②Invested Capital at Year 15, Today

1.82B USD

③Net Debt Today

620.09M USD

Market value

Market Cap3.70B USD

The price on the date above times the shares.

Value vs market

Margin of Safety+20.5%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 9.57%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.28×Market Risk Premium 6.00%= 12.17%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 158.40M USDPretax Income 585.65M USD= 27.05%

The tax the interest saves.

Interest Expense =EBIT 652.61M USD−Pretax Income 585.65M USD= 66.96M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 66.96M USDTotal Debt 1.52B USD×(1 − Tax Rate for WACC 27.05%)= 3.22%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 1.52B USDMarket Cap + Total Debt 3.70B USD + 1.52B USD= 29.04%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 70.96%×Cost of Equity 12.17%+Debt Weight 29.04%×Cost of Debt 3.22%= 9.57%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 8.41B USD − Total Liabilities 3.80B USD = Book Value Today 4.61B USD

Total Debt 1.52B USD − Cash and Short-Term Investments 894.99M USD = Net Debt Today 620.09M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-4.2%at most 5%passes58,983,810 / 61,578,157
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets6.5%at least -10.0%passes(972.72M USD − 427.25M USD) ÷ 8.41B USD
Price to bookMarket Cap ÷ Book Value Today0.80×at most 3×passes3.70B USD ÷ 4.61B USD
Operating marginOperating Income ÷ Revenue9.1%above 10.0%does not pass679.73M USD ÷ 7.48B USD
Revenue growthRevenue ÷ Revenue a Year Before − 11.3%above 10.0%does not pass7.48B USD / 7.38B USD
Net cash(Cash − Total Debt) ÷ Market Cap-16.8%above -30%passes(894.99M USD − 1.52B USD) ÷ 3.70B USD
Operating efficiencyOperating Income ÷ Gross Profit61.3%above 25.0%passes679.73M USD ÷ 1.11B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

56.01 EUR

Enterprise value

4.18B EUR

the provider's own figure

EV / EBITDA

2.58×

Price / book

0.80×

the provider's book

Price / earnings

7.88×

Return on equity

11.1%

the provider's figure, not this page's

Profit margin

6.2%

Revenue growth

18.8%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

5.85B7.36B7.38B7.48B

Gross profit

720.03M1.00B1.05B1.11B

Operating income

416.32M602.43M636.12M679.73M

EBITDA

operating income before depreciation and amortisation

762.57M956.92M842.87M1.11B

Pretax income

415.92M532.53M332.14M585.65M

Net income

314.80M380.63M180.15M427.25M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

286.92M392.37M370.04M449.57M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

6.33B7.45B7.32B7.96B

Total liabilities

2.78B3.43B3.54B3.50B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

3.55B4.03B3.79B4.46B

Total debt

966.41M1.34B1.60B1.53B

Cash and equivalents

635.61M494.33M735.66M665.94M

Net PP&E

fixed assets after depreciation

2.05B2.75B2.54B2.86B

Working capital

current assets less current liabilities

1.14B1.12B1.48B1.41B
Cash flow (USD)2022202320242025

Operating cash flow

345.78M600.43M874.78M972.72M

Capital expenditure

paid out, so below zero

-312.63M-597.96M-393.22M-308.27M

Depreciation and amortisation

325.72M371.90M422.28M454.86M

Free cash flow

operating cash flow plus capital expenditure

33.15M2.47M481.56M664.45M