Livestock Improvement Corporation Limited Share Price and Company Fundamentals



Price
$1.35
Change
0.000 (0.000%)
52 week
1.2 - 1.73

Last traded: Last Thursday at 3:05 AM

Livestock Improvement Corporation Limited, together with its subsidiaries, develops, produces, and markets artificial breeding, genetics, farm software, farm automation, and herd testing services. The company operates in four segments: NZ Market Genetics, Herd Testing, Farm Software, and Farm Automation. 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 and farm management information services. The Farm Automation segment offers dairy automated equipment and technology. The company is also involved in the provision of diagnostic, animal health, research and development, and support services. It 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

17.96

PB ratio

0.61

Dividend yield

13.63%

Beta

0.35

Market cap

-

Enterprise value

-

Company profile

Industry / SectorFarm Products / Consumer Defensive
Websitehttps://www.lic.co.nz
Mailing address605 Ruakura Road Newstead Hamilton New Zealand
Phone / Fax64 7 856 0700 / 64 7 858 2741

Dividends

Dividend yield

13.63%

Dividend amount

$0.18

Payout ratio

167.71%

5Y Avg. yield

8.61%

Livestock Improvement Corporation Limited paid $0.18 dividend and the ex-dividend date was 04 Aug 2022.The dividend payout ratio is 167.71%. 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 13.65%. 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 Oct 2022, following are the company executives and directors listed on Livestock Improvement Corporation Limited.

NameTitleAgeTotal Pay
Mr. David ChinChief Exec.
Ms. Eleshea D'SouzaFund Mang., LIC AgCelerator Fund
Mr. David James HazlehurstChief Financial Officer & Acting Chief Information Officer
Mr. Richard John SpelmanChief Scientist
Ms. Ashleigh SattlerCommunications Mang.
Ms. Roz UrbahnChief People Officer
Gillian BrennanCompany Sec.

Profitability and management effectiveness

Profit margin

10.15%

Operating margin

12.68%

Return on assets

5.44%

Return on equity

3.62%

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 0.35 making it 65% 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 $1.35.

3. How can I contact Livestock Improvement Corporation Limited?

Livestock Improvement Corporation Limited's mailing address is 605 Ruakura Road Newstead Hamilton 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.