Financials Livestock Improvement Corporation Limited

Equities

LIC

NZLICE0001S1

Fishing & Farming

End-of-day quote New Zealand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.21 NZD +0.83% Intraday chart for Livestock Improvement Corporation Limited +0.83% +23.47%

Valuation

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Capitalization 1 87.11 128.1 99.64 170.8 230.6 163.7
Enterprise Value (EV) 1 110.5 128.2 100.7 166.4 184.5 130.6
P/E ratio 8.94 x 5.63 x 5.83 x 7.5 x 9 x 6.05 x
Yield 2.32% 12.2% 18.2% 10.4% 11.4% 14.2%
Capitalization / Revenue 0.37 x 0.52 x 0.39 x 0.69 x 0.88 x 0.59 x
EV / Revenue 0.47 x 0.52 x 0.4 x 0.67 x 0.7 x 0.47 x
EV / EBITDA 3.16 x 3.68 x 3.13 x 4.56 x 4.86 x 3.25 x
EV / FCF 3.05 x -31.2 x 3.53 x 48.9 x 3.43 x 8.83 x
FCF Yield 32.8% -3.21% 28.3% 2.04% 29.2% 11.3%
Price to Book 0.34 x 0.44 x 0.34 x 0.58 x 0.79 x 0.55 x
Nbr of stocks (in thousands) 118,114 142,345 142,345 142,345 142,345 142,345
Reference price 2 0.7375 0.9000 0.7000 1.200 1.620 1.150
Announcement Date 7/19/18 7/24/19 7/22/20 7/22/21 7/21/22 7/20/23
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Net sales 1 236.4 246.5 254 249 263.2 276.5
EBITDA 1 34.97 34.84 32.19 36.49 37.97 40.19
EBIT 1 26.98 27.26 27.36 31.9 33.37 30.96
Operating Margin 11.41% 11.06% 10.77% 12.81% 12.68% 11.2%
Earnings before Tax (EBT) 1 13.65 30.11 19.56 31.01 12.62 36
Net income 1 9.265 22.17 17.49 22.94 26.72 27.35
Net margin 3.92% 8.99% 6.89% 9.21% 10.15% 9.89%
EPS 2 0.0825 0.1600 0.1200 0.1600 0.1800 0.1900
Free Cash Flow 1 36.28 -4.114 28.5 3.401 53.81 14.79
FCF margin 15.34% -1.67% 11.22% 1.37% 20.45% 5.35%
FCF Conversion (EBITDA) 103.75% - 88.53% 9.32% 141.71% 36.79%
FCF Conversion (Net income) 391.54% - 162.98% 14.82% 201.36% 54.06%
Dividend per Share 2 0.0171 0.1098 0.1275 0.1251 0.1843 0.1638
Announcement Date 7/19/18 7/24/19 7/22/20 7/22/21 7/21/22 7/20/23
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: May 2018 2019 2020 2021 2022 2023
Net Debt 1 23.4 0.13 1.04 - - -
Net Cash position 1 - - - 4.39 46.1 33.1
Leverage (Debt/EBITDA) 0.6686 x 0.003789 x 0.0322 x - - -
Free Cash Flow 1 36.3 -4.11 28.5 3.4 53.8 14.8
ROE (net income / shareholders' equity) 3.9% 8.31% 6.01% 8.08% 3.62% 9.26%
ROA (Net income/ Total Assets) 4.94% 4.72% 4.5% 5.23% 5.44% 5.04%
Assets 1 187.7 470 389 438.4 491.2 542.8
Book Value Per Share 2 2.140 2.050 2.040 2.070 2.060 2.090
Cash Flow per Share 2 0.0200 0.0300 0.1200 0.1300 0.4500 0.3800
Capex - 16.2 6.23 7.85 10.6 11
Capex / Sales - 6.56% 2.45% 3.15% 4.02% 3.97%
Announcement Date 7/19/18 7/24/19 7/22/20 7/22/21 7/21/22 7/20/23
1NZD in Million2NZD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. LIC Stock
  4. Financials Livestock Improvement Corporation Limited