Livestock Improvement Corporation Limited

NZSE:LIC Stock Report

Market Cap: NZ$166.5m

Livestock Improvement Past Earnings Performance

Past criteria checks 4/6

Livestock Improvement's earnings have been declining at an average annual rate of -4.4%, while the Food industry saw earnings declining at 3.7% annually. Revenues have been growing at an average rate of 2.7% per year. Livestock Improvement's return on equity is 7.4%, and it has net margins of 8.5%.

Key information

-4.4%

Earnings growth rate

-5.3%

EPS growth rate

Food Industry Growth-2.9%
Revenue growth rate2.7%
Return on equity7.4%
Net Margin8.5%
Last Earnings Update30 Nov 2023

Recent past performance updates

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Recent updates

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Jan 25
Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Dec 09
Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

Jul 25
Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Jul 22
A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Jan 20
Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Nov 26
Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Revenue & Expenses Breakdown
Beta

How Livestock Improvement makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:LIC Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Nov 232712300
31 Aug 232742500
31 May 232772700
28 Feb 232741800
30 Nov 2227180-8
31 Aug 2226790-4
31 May 222631100
28 Feb 222601809
30 Nov 2125826018
31 Aug 2125325018
31 May 2124924017
30 Nov 2023824014
31 Aug 2024023015
31 May 2024121015
29 Feb 2025119017
30 Nov 1924920015
31 Aug 1924821015
31 May 1924722014
28 Feb 1924625013
30 Nov 1824527013
31 Aug 1824118013
31 May 182369013
28 Feb 1823113016
30 Nov 1722617020
31 Aug 1721519017
31 May 1720421014
28 Feb 171981007
30 Nov 16193-100
31 Aug 16199-200
31 May 16205-400
29 Feb 16209-200
30 Nov 15214000
31 Aug 15221700
31 May 152281400
28 Feb 152291700
30 Nov 142302100
31 Aug 142191900
31 May 142071800
28 Feb 142021900
30 Nov 131972100
31 Aug 131952200
31 May 131942400

Quality Earnings: LIC has high quality earnings.

Growing Profit Margin: LIC's current net profit margins (8.5%) are higher than last year (3.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LIC's earnings have declined by 4.4% per year over the past 5 years.

Accelerating Growth: LIC's earnings growth over the past year (175.5%) exceeds its 5-year average (-4.4% per year).

Earnings vs Industry: LIC earnings growth over the past year (175.5%) exceeded the Food industry 7.8%.


Return on Equity

High ROE: LIC's Return on Equity (7.4%) is considered low.


Return on Assets


Return on Capital Employed


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