Linamar Corp T.LNR

Alternate Symbol(s): LIMAF

Consumer Cyclical Auto Parts

Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting industry. Skyjack manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. The Mobility segment is focused on propulsion systems, structural and chassis systems, energy storage and power generation for both the global electrified and traditionally powered vehicle markets and is subdivided into three regional groups and one global product group: North America, Europe, Asia Pacific, and the newly formed Structures Group. The regional mobility groups are vertically integrated operations combining expertise in light metal casting, forging, machining, and assembly.

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Linamar Corp > Bruce Murray - BNN - TOP PICK

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Post by Possibleidiot01on Aug 15, 2024 3:23pm

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Post# 36181196

Bruce Murray - BNN - TOP PICK

Linamar Corp. (LNR TSX)

Another deeply discounted industrial company selling at six times this year’s EPS estimate of $10.25. EPS is forecast to rise to $10.80 in 2025 and $12.48 in 2026. An industrial company of this quality have historically sold into the low teens price-to-earnings (P/E) indicating the potential for a stock price of well over $100 in a more optimistic environment. This company is well-managed and forecasting mid teens growth for the next two years. I suspect another major share buyback will be announced if the stock stays depressed. The current book value is $91.07 per share.

DISCLOSURE	PERSONAL	FAMILY	PORTFOLIO/FUND
POW TSX	Y	Y	Y
BMWYY NASD	Y	Y	Y
LNR TSX TOP PICK Linamar Corp(LNR-T) 15/08/2024 The high-end electronic Mercedes has an LNR electronic axle. Trades at 6x earnings. SkyJack is a dominant global business, opening plants in China and Mexico. Expansion possibilities, especially in EMs. Diversified. Company projects 10-15% earnings growth for the next several years. Will probably do a big share buyback. Yield is 1.62%. New CEO has been at the company 30 years. He gives straightforward answers and knows his stuff. (Analysts’ price target is $83.67) transportation equip & components $62.660 Owned