Lindsay Australia Management

Management criteria checks 2/4

Lindsay Australia's CEO is Clay McDonald, appointed in Jul 2023, has a tenure of 1.5 years. total yearly compensation is A$1.77M, comprised of 46.6% salary and 53.4% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth A$203.03K. The average tenure of the management team and the board of directors is 7 years and 3.3 years respectively.

Key information

Clay McDonald

Chief executive officer

AU$1.8m

Total compensation

CEO salary percentage	46.6%
CEO tenure	1.5yrs
CEO ownership	0.07%
Management average tenure	7yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Clay McDonald's remuneration changed compared to Lindsay Australia's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$2m	AU$826k	AU$27m

Compensation vs Market: Clay's total compensation ($USD1.10M) is above average for companies of similar size in the Australian market ($USD686.64K).

Compensation vs Earnings: Insufficient data to compare Clay's compensation with company performance.

CEO

Clay McDonald

1.5yrs

Tenure

AU$1,772,639

Compensation

Mr. Clayton J Mcdonald also Known as Clay, MMgt, BSC, serves as Chief Executive Officer of Lindsay Australia Limited since July 17, 2023. He has been Group Executive of Bulk at Aurizon Holdings Limited sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Clayton McDonald	Chief Executive Officer	1.5yrs	AU$1.77m	0.073% A$ 203.0k
Justin Green	CFO & Company Secretary	7yrs	AU$643.45k	0.010% A$ 27.8k
Craig Baker	Chief Operating Officer	no data	AU$815.42k	0.028% A$ 78.5k
Broderick Jones	General Legal Counsel & Company Secretary	10.3yrs	AU$390.84k	no data

7.0yrs

Average Tenure

Experienced Management: LAU's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Cantwell	Independent Non-Executive Director	3.1yrs	AU$94.35k	0.018% A$ 48.5k
Matthew Stubbs	Independent Non-Executive Director	3.3yrs	AU$94.36k	0.089% A$ 246.4k
Ian Williams	Independent Non Executive Chairman	3.3yrs	AU$122.29k	0.028% A$ 76.4k
Robert Green	Independent Non-Executive Director	5.4yrs	AU$94.20k	0.011% A$ 31.5k

3.3yrs

Average Tenure

Experienced Board: LAU's board of directors are considered experienced (3.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 21:31
End of Day Share Price	2025/01/10 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lindsay Australia Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ian Munro	CCZ Equities Pty Limited
Russell Wright	Maqro Capital
Andrew Tang	Morgans Financial Limited

Lindsay Australia Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Lindsay Australia Limited, Annual General Meeting, Nov 08, 2024

Independent Non Executive Chairman recently bought AU$100k worth of stock

Less than half of directors are independent

Lindsay Australia Limited, Annual General Meeting, Nov 04, 2022

Less than half of directors are independent

Recent updates

Insufficient new directors

Lindsay Australia Limited, Annual General Meeting, Nov 08, 2024

Upcoming dividend of AU$0.028 per share

Final dividend of AU$0.028 announced

Lindsay Australia Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 11, 2024

New minor risk - Profit margin trend

Lindsay Australia Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Upcoming dividend of AU$0.021 per share

First half dividend of AU$0.021 announced

First half 2024 earnings released: EPS: AU$0.058 (vs AU$0.056 in 1H 2023)

Now 22% undervalued

Lindsay Australia Limited to Report First Half, 2024 Results on Feb 26, 2024

Now 21% undervalued

Now 20% undervalued

Now 22% undervalued after recent price drop

Investor sentiment improves as stock rises 16%

Upcoming dividend of AU$0.03 per share at 5.3% yield

Independent Non Executive Chairman recently bought AU$100k worth of stock

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: AU$0.11 (vs AU$0.064 in FY 2022)

Lindsay Australia Limited Announces Franked Dividend for the Six Months Ended June 30, 2023, Payable on 6 October 2023

Lindsay Australia Limited to Report Fiscal Year 2023 Results on Aug 28, 2023

New minor risk - Shareholder dilution

Lindsay Australia Limited (ASX:LAU) completed the acquisition of W. B. Hunter Pty. Limited.

Now 21% undervalued

Investor sentiment improves as stock rises 18%

Lindsay Australia Limited (ASX:LAU) entered into a binding agreement to acquire W. B. Hunter Pty. Limited for an enterprise value of AUD 34.6 million.

Investor sentiment improves as stock rises 19%

Upcoming dividend of AU$0.019 per share at 3.8% yield

First half 2023 earnings released: EPS: AU$0.056 (vs AU$0.041 in 1H 2022)

Less than half of directors are independent

Lindsay Australia Limited, Annual General Meeting, Nov 04, 2022

Lindsay Australia Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on October 7, 2022

Upcoming dividend of AU$0.018 per share

Full year 2022 earnings released: EPS: AU$0.064 (vs AU$0.004 in FY 2021)

Lindsay Australia Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on October 7, 2022

Less than half of directors are independent

Upcoming dividend of AU$0.014 per share

Now 22% undervalued after recent price drop

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Lindsay Australia Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021, Payable on April 8, 2022

Non-Executive Director recently bought AU$74k worth of stock

Less than half of directors are independent

Independent Non-Executive Chairman Richard Anderson has left the company

Full year 2021 earnings released: EPS AU$0.004 (vs AU$0.018 in FY 2020)

Upcoming Dividend of AU$0.012 Per Share

Revenue misses expectations

First half 2021 earnings released: EPS AU$0.022 (vs AU$0.019 in 1H 2020)

New 90-day high: AU$0.35

New 90-day high: AU$0.35

New 90-day low: AU$0.31

New 90-day low: AU$0.32

Lindsay Australia Limited Announces Executive Changes

Full year earnings released - EPS AU$0.018

New 90-day low - AU$0.33

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources