Linamar Corporation (LIMAF)
Linamar Corporation operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Guelph, ON, CA. The stock last traded at $76.38, down 0.75% on the session, giving a market capitalisation of $4.52B. On trailing twelve-month figures it carries a trailing P/E of 10.10, a net margin of 5.9%. Its beta of 1.32 implies it has historically moved more than the broad market.
Linamar Corporation, along with its affiliated entities, specializes in the global engineering, development, and manufacturing of a diverse range of products across Canada, North America, Europe, and the Asia Pacific region. The company's operations are divided into two main divisions: Mobility and Industrial. The Mobility segment is dedicated to the design, production, and assembly of high-precision metallic components, integrated modules, and complex systems for the automotive and power generation industries. This includes crafting meticulously machined parts and assemblies for transmissions, engines, and driveline systems; entire driveline solutions like power transfer and rear-drive units; and various engine components such as cylinder blocks, cylinder heads, camshafts, connecting rods, flywheels, fuel rails, and fuel pumps. It also supplies an array of transmission parts, including cases, shafts, clutch modules, valve bodies, and planetary gear assemblies. This segment primarily serves original equipment manufacturers (OEMs) in the automotive sector and commercial vehicle clients. Meanwhile, the Industrial segment focuses on creating and producing mobile equipment, such as compact and rugged scissor lifts, vertical mast lifts, booms, and telehandlers, predominantly for construction equipment rental firms. Furthermore, this segment provides agricultural harvesting machinery, encompassing combine grain and corn header attachments, self-propelled windrowers, pick-up headers, and hay-making products. Linamar Corporation has also established a strategic collaboration with Ballard Power Systems Inc. for the joint creation and distribution of fuel cell powertrains and their constituent parts for Class 1 and 2 vehicles across North America and Europe. The company was founded in 1964 and maintains its corporate headquarters in Guelph, Canada.
Linamar Corporation is most often compared with the following Consumer Cyclical names: