Farm Machinery & Equipment stocks: intrinsic value, ROIC & growth

6 U.S. farm machinery & equipment companies with at least three years of SEC filings, ranked by size. 5 of the 6 with a current price trade below their Graham intrinsic value. The median company earned a 11.6% average return on invested capital and grew revenue 3.5% a year.

Updated October 18, 2026

6companies
5below Graham value
11.6%median 10-yr ROIC
3.5%median revenue CAGR

Most undervalued farm machinery & equipment stocks

Ticker Company Upside Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
AGCO AGCO CORP /DE +212% $103.72 $323.85 68% below $7.7B 11.6% 3.5%
LNN LINDSAY CORP +110% $107.36 $225.20 52% below $1.2B 12.6% 2.8%
ALG ALAMO GROUP INC +20% $150.66 $181.57 17% below $1.8B 11.0% 7.4%

Highest-ROIC farm machinery & equipment stocks

Ticker Company 10-yr ROIC Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
DE Deere & Company 22.7% $641.86 $614.49 4% above $174.4B 22.7% 6.2%
LNN LINDSAY CORP 12.6% $107.36 $225.20 52% below $1.2B 12.6% 2.8%
AGCO AGCO CORP /DE 11.6% $103.72 $323.85 68% below $7.7B 11.6% 3.5%
ALG ALAMO GROUP INC 11.0% $150.66 $181.57 17% below $1.8B 11.0% 7.4%

All farm machinery & equipment stocks

Ticker Company Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
DE Deere & Company $641.86 $614.49 4% above $174.4B 22.7% 6.2%
AGCO AGCO CORP /DE $103.72 $323.85 68% below $7.7B 11.6% 3.5%
ALG ALAMO GROUP INC $150.66 $181.57 17% below $1.8B 11.0% 7.4%
LNN LINDSAY CORP $107.36 $225.20 52% below $1.2B 12.6% 2.8%
ARTW ARTS WAY MANUFACTURING CO INC $3.16 $6.64 52% below $16.1M -3.9% 0.7%
NMHI Nature's Miracle Holding Inc. $0.00 $111.49 — $4.5K -2.2% -84.0%

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