Livestock Improvement Corporation Limited Share Price and Company Fundamentals
Last traded: 03/21/2023
Livestock Improvement Corporation Limited engages in the development, production and marketing of artificial breeding, genetics, farm software, and herd testing services in the dairy industry. It operates through NZ Market Genetics, Herd Testing, Farm Software, and Diagnostics segments. The NZ Market Genetics segment provides bovine genetic breeding materials and related services to dairy farmers. The Herd Testing segment offers herd testing and animal recording services for pastoral farmers. The Farm Software segment provides data recording, tags, and farm management information services. The Diagnostics segment provides DNA and animal health testing services. The company operates in New Zealand, Australia, Ireland, the United Kingdom, and internationally. Livestock Improvement Corporation Limited was founded in 1909 and is headquartered in Hamilton, New Zealand.
Key Metrics
PE ratio
20.27
PB ratio
0.54
Dividend yield
15.46%
Beta
0.29
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Farm Products / Consumer Defensive |
|---|---|
| Website | https://www.lic.co.nz |
| Mailing address | 605 Ruakura Road Newstead Hamilton 3286 New Zealand |
| Phone / Fax | 64 7 856 0700 / 64 7 858 2741 |
Dividends
Dividend yield
15.46%
Dividend amount
$0.18
Payout ratio
313.94%
5Y Avg. yield
9.57%
Livestock Improvement Corporation Limited paid $0.18 dividend and the ex-dividend date was 04 Aug 2022.The dividend payout ratio is 313.94%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LIC dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
LIC's forward dividend amount is $0.18 and the forward dividend yield is 15.49%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on Livestock Improvement Corporation Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. David Chin | Chief Exec. | ||
| Mr. David James Hazlehurst | Chief Financial Officer | ||
| Mr. Mark Julian | Gen. Mang. of Operations & Service | ||
| Mr. Richard John Spelman | Chief Scientist | ||
| Mr. Dhaya Sivakumar B.B.S. | Chief Information Officer | ||
| Ms. Ashleigh Sattler | Communications Mang. | ||
| Ms. Roz Urbahn | Chief People Officer | ||
| Ms. Eleshea D'Souza | Fund Mang., LIC AgCelerator Fund |
Profitability and management effectiveness
Profit margin
3.42%
Operating margin
11.09%
Return on assets
4.50%
Return on equity
2.66%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Livestock Improvement Corporation Limited is and its enterprise value is .
The LIC's stocks Beta value is 0.29 making it 71% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Livestock Improvement Corporation Limited (NZX:LIC) Frequently Asked Questions
1. What is Livestock Improvement Corporation Limited's Stock Symbol?
Livestock Improvement Corporation Limited trades on NZX under the ticker symbol "LIC".
2. What is Livestock Improvement Corporation Limited's stock price today?
One share of LIC stock can currently be purchased for approximately $1.19.
3. How can I contact Livestock Improvement Corporation Limited?
Livestock Improvement Corporation Limited's mailing address is 605 Ruakura Road Newstead Hamilton 3286 New Zealand. The company can be reached via phone at 64 7 856 0700.
4. What is Livestock Improvement Corporation Limited's official website?
The official website of Livestock Improvement Corporation Limited is https://www.lic.co.nz.