LINE Stock Analysis: Lineage, Common Stock | NASDAQ

Cold Storage, Warehousing, Logistics, Supply Chain

Total Rating 25

Safety 22

Buy Signal -1.13

REIT - Industrial
Industry Rotation: +2.7

Market Cap: 9.57B
Avg Turnover: 27.8M

Risk 3d forecast

Volatility34.6%

VaR 5^th Pctl5.85%

VaR vs Median2.57%

Reward TTM

Sharpe Ratio-0.05

Rel. Str. IBD19.5

Rel. Str. Peer Group11.5

Character TTM

Beta0.196

Beta Downside0.365

Hurst Exponent0.490

Drawdowns 3y

Max DD61.74%

CAGR/Max DD-0.42

CAGR/Mean DD-0.62

EPS (Earnings per Share)

Last SUE: 0.42
Qual. Beats: 0

Revenue

Rev. CAGR: 0.12%
Rev. Trend: 79.8%

Last SUE: 0.28
Qual. Beats: 0

Warnings

High Debt/EBITDA With Thin Interest Coverage

Interest Coverage Ratio Critical

Beneish M-Score Likely Earnings Manipulation

Altman Z'' In Financial Distress Zone

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 2 years of data

Jan +3.4% -

Feb +15.0% -

Mar -16.2% -

Apr +13.5% -

May +19.7% -

Jun -0.6% -

Jul +1.7% 0

Aug +1.4% -

Sep -2.4% -

Oct +4.4% -

Nov -6.9% -

Dec +0.5% -

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: LINE Lineage, Common Stock

Lineage, Inc. (NASDAQ: LINE) is the worlds largest global temperature-controlled warehouse REIT, operating more than 500 strategically located facilities totaling approximately 88 million square feet and 3.1 billion cubic feet of capacity across North America, Europe, and Asia-Pacific. The company couples end-to-end cold chain supply chain solutions and technology with its real estate footprint, partnering with major food and beverage producers, retailers, and distributors to improve distribution efficiency, advance sustainability, and reduce supply chain waste. Lineage was incorporated in 2015, is headquartered in Novi, Michigan, and completed its IPO on July 25, 2024.

As an Industrial REIT within the GICS Real Estate sector, Lineage operates in a specialized subsector characterized by high capital intensity and significant barriers to entry, given the refrigeration infrastructure, energy demands, and regulatory requirements unique to cold storage facilities. Temperature-controlled warehousing is a critical link in the cold chain, supporting the storage and movement of frozen, refrigerated, and perishable goods across the food industry, as well as pharmaceutical and biotech customers with temperature-sensitive products.

Headlines to Watch Out For

Cold storage occupancy and rental rates drive same-store revenue growth
Interest rate sensitivity pressures REIT valuation and borrowing costs
Energy and utility costs directly compress warehouse operating margins

Piotroski VR-10 (Strict) 2.5

Net Income: -169.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.43 > 1.0
NWC/Revenue: -6.50% < 20% (prev -1.17%; Δ -5.33% < -1%)
CFO/TA 0.05 > 3% & CFO 987.0m > Net Income -169.0m
Net Debt (9.70b) to EBITDA (1.36b): 7.15 < 3
Current Ratio: 0.78 > 1.5 & < 3
Outstanding Shares: last quarter (228.0m) vs 12m ago -0.44% < -2%
Gross Margin: 10.97% > 18% (prev 32.30%; Δ -21.33% > 0.5%)
Asset Turnover: 28.01% > 50% (prev 27.34%; Δ 0.67% > 0%)
Interest Coverage Ratio: 0.69 > 6 (EBIT TTM 428.0m / Interest Expense TTM 622.0m)

Altman Z'' 0.38

A: -0.02 (Total Current Assets 1.24b - Total Current Liabilities 1.59b) / Total Assets 18.9b
B: -0.15 (Retained Earnings -2.76b / Total Assets 18.9b)
C: 0.02 (EBIT TTM 428.0m / Avg Total Assets 19.2b)
D: 0.79 (Book Value of Equity 7.89b / Total Liabilities 10.0b)
Altman-Z'' = 0.38 = B

Beneish M -1.25

DSRI: 1.02 (Receivables 920.0m/891.0m, Revenue 5.37b/5.32b)
GMI: 2.95 (GM 32.30% / 10.97%)
AQI: 0.98 (AQ_t 0.25 / AQ_t-1 0.26)
SGI: 1.01 (Revenue 5.37b / 5.32b)
TATA: -0.06 (NI -169.0m - CFO 987.0m) / TA 18.9b)
Beneish M = -1.25 (Cap -4..+1) = D

What is the price of LINE shares?

As of September 10, 2026, the stock is trading at USD 37.59 with a total of 877,704 shares traded. Over the past week, the price has changed by -3.09%, over one month by -9.09%, over three months by -14.61% and over the past year by -4.56%.

Current recommended Stop Loss: 36.00 (which is 4.2% or 1.4 ATR below the current price).

Is LINE a buy, sell or hold?

Lineage, Common Stock has received a consensus analysts rating of 3.63. Therefore, it is recommended to hold LINE.

StrongBuy: 4
Buy: 5
Hold: 9
Sell: 1
StrongSell: 0

What are the forecasts/targets for the LINE price?

Analysts Target Price	45.2	20.3%

Lineage, Common Stock (LINE) - Fundamental Data Overview as of 07 September 2026

Market Cap USD = 9.57b (9.57b USD * 1.0 USD.USD)
P/E Forward = 769.2308
P/S = 1.782
P/B = 1.1058
Revenue TTM = 5.37b USD
EBIT TTM = 428.0m USD
EBITDA TTM = 1.36b USD
Long Term Debt = 6.22b USD (from longTermDebt, last quarter)
Short Term Debt = 2.00m USD (from shortTermDebt, last quarter)
Debt = 9.76b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.77b
Net Debt = 9.70b USD (calculated: Debt 9.76b - CCE 58.0m)
Enterprise Value = 19.3b USD (9.57b + Debt 9.76b - CCE 58.0m)
Interest Coverage Ratio = 0.69 (Ebit TTM 428.0m / Interest Expense TTM 622.0m)
EV/FCF = 78.99x (Enterprise Value 19.3b / FCF TTM 244.0m)
FCF Yield = 1.27% (FCF TTM 244.0m / Enterprise Value 19.3b)
FCF Margin = 4.54% (FCF TTM 244.0m / Revenue TTM 5.37b)
Net Margin = -3.15% (Net Income TTM -169.0m / Revenue TTM 5.37b)
Gross Margin = 10.97% ((Revenue TTM 5.37b - Cost of Revenue TTM 4.78b) / Revenue TTM)
Gross Margin QoQ = 31.23% (prev 14.19%)
Tobins Q-Ratio = 1.02 (Enterprise Value 19.3b / Total Assets 18.9b)
Interest Expense / Debt = 6.37% (Interest Expense 622.0m / Debt 9.76b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 338.1m (EBIT 428.0m * (1 - 21.00%))
Current Ratio = 0.78 (Total Current Assets 1.24b / Total Current Liabilities 1.59b)
Debt / Equity = 1.24 (Debt 9.76b / totalStockholderEquity, last quarter 7.89b)
Debt / EBITDA = 7.15 (Net Debt 9.70b / EBITDA 1.36b)
Debt / FCF = 39.76 (Net Debt 9.70b / FCF TTM 244.0m)
Total Stockholder Equity = 8.15b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.88% (Net Income -169.0m / Total Assets 18.9b)
RoE = -2.07% (Net Income TTM -169.0m / Total Stockholder Equity 8.15b)
RoCE = 2.98% (EBIT 428.0m / Capital Employed (Equity 8.15b + L.T.Debt 6.22b))
RoIC = 1.96% (NOPAT 338.1m / Invested Capital 17.3b)
WACC = 5.84% (E(9.57b)/V(19.3b) * Re(6.67%) + D(9.76b)/V(19.3b) * Rd(6.37%) * (1-Tc(0.21)))
Discount Rate = 6.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 61.35 | Cagr: 3.55%
[DCF] Terminal Value 77.97% ; FCFF base≈213.6m ; Y1≈244.9m ; Y5≈360.4m
[DCF] Fair Price = N/A (negative equity: EV 5.42b - Net Debt 9.70b = -4.28b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.42 | # QB: 0
Revenue Correlation: 79.80 | Revenue CAGR: 0.12% | SUE: 0.28 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.24 | Chg30d=-40.00% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.76 | Chg30d=-2.13% | Revisions=+25% | GrowthEPS=-77.6% | GrowthRev=+0.9%
EPS next Year (2027-12-31): EPS=-0.65 | Chg30d=-34.38% | Revisions=-25% | GrowthEPS=+28.4% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -29% (up=1, down=3)