Linamar Corp LIMAF

Primary Symbol: T.LNR

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.

TSX:LNR - Post by User

Linamar Corp > Crazy business....

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Comment by ValueBetson Oct 29, 2024 1:38pm

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Post# 36287135

RE:Crazy business....

I agree : this is out of proportion! With a 0,65 book value, low debt, ridiculous PE and EV/Ebitda..

After Ford stock drop masively today, a drop mainly bottom line driven, losts on the EV side (what is the direct impact for LNR/MG/MRE?), these CAD car components stocks are droping equally of 4%? But LNR only drive 50% of profits from its mobility business compare to the other two? Ford is not closing the shop?

I hope LNR is massively going to buyback the stock since I rather wait before another important aquisition, while the stock price makes no sense! Why not a 5-10% tender offer up until 70$?

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