LINE Stock Analysis: Lineage, Common Stock | NASDAQ
REIT - Industrial | NASDAQ, USA | Market Cap: 9.115m USD | 12M Return: 15.8% | US53566V1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.6M
Qual. Beats: 0
Rev. Trend: 79.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 2.2 years of data
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.
Lineage, Inc. is the worlds largest global temperature-controlled warehouse REIT, operating 498 strategically located facilities totaling approximately 87 million square feet and approximately 3.1 billion cubic feet of capacity across North America, Europe, and Asia-Pacific. The company couples its storage infrastructure with end-to-end supply chain solutions and technology, partnering with major food and beverage producers, retailers, and distributors to improve distribution efficiency, advance sustainability, and reduce supply chain waste. Lineage was established in 2015 and is incorporated in Maryland, with shares listed on NASDAQ under the ticker LINE since its IPO in July 2024.
As a Real Estate sector company classified within the Industrial REITs sub-industry, Lineage generates revenue primarily through long-term lease agreements with food distribution and manufacturing tenants, while also providing value-added logistics services. The temperature-controlled warehouse model serves as critical infrastructure for the global cold chain, which is essential for transporting perishable goods such as frozen foods, pharmaceuticals, and other temperature-sensitive products.
- Cold storage occupancy and rental rates drive same-store revenue
- Energy costs and labor inflation pressure warehouse operating margins
- Acquisition pipeline and development capex shape FFO growth
| 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) |
| 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 |
| 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 |
As of November 09, 2026, the stock is trading at USD 39.13 with a total of 1,248,674 shares traded. Over the past week, the price has changed by +8.69%, over one month by +13.62%, over three months by -2.23% and over the past year by +15.76%.
Current recommended Stop Loss: 37.50 (which is 4.2% or 1.6 ATR below the current price).
Lineage, Common Stock has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold LINE.
- StrongBuy: 5
- Buy: 3
- Hold: 9
- Sell: 4
- StrongSell: 0
| Analysts Target Price | 42.8 | 9.3% |
P/E Forward = 769.2308
P/S = 1.697
P/B = 1.0686
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 = 18.8b USD (9.11b + Debt 9.76b - CCE 58.0m)
Interest Coverage Ratio = 0.69 (Ebit TTM 428.0m / Interest Expense TTM 622.0m)
EV/FCF = 77.12x (Enterprise Value 18.8b / FCF TTM 244.0m)
FCF Yield = 1.30% (FCF TTM 244.0m / Enterprise Value 18.8b)
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 = 1.00 (Enterprise Value 18.8b / 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 = 5.64% (E(9.11b)/V(18.9b) * Re(6.29%) + D(9.76b)/V(18.9b) * Rd(6.37%) * (1-Tc(0.21)))
Discount Rate = 6.29% (= 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=-0.23 | Chg30d=-11.10% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=-0.74 | Chg30d=-4.93% | Revisions=+0% | GrowthEPS=-499.9% | GrowthRev=+0.7%
EPS next Year (2027-12-31): EPS=-0.67 | Chg30d=+3.62% | Revisions=-25% | GrowthEPS=+10.7% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -50% (up=0, down=3)