Livestock Improvement (NZSE:LIC) Gross Margin %: 88.05% (As of Nov. 2025) — Near Median


NZSE:LIC Livestock Improvement Corp Ltd NZSE:LIC
81 GF Score
Price NZ$1.20
GF Value NZ$1.22
Valuation Fairly Valued
! 1 Warning Sign
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What is Livestock Improvement Gross Margin %?

Livestock Improvement NZSE:LIC 81 Gross Margin % is 88.05% as of Nov. 2025, which is 4% above its 10-year median of 84.27. GuruFocus rates NZSE:LIC with a GF Score™ of 81/100 and a GF Value™ of NZ$1.22 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,899 Consumer Packaged Goods companies, Livestock Improvement ranks better than 98.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Livestock Improvement's Gross Profit for the six months ended in Nov. 2025 was NZ$171.9 Mil. Livestock Improvement's Revenue for the six months ended in Nov. 2025 was NZ$195.2 Mil. Therefore, Livestock Improvement's Gross Margin % for the quarter that ended in Nov. 2025 was 88.05%.


The historical rank and industry rank for Livestock Improvement's Gross Margin % or its related term are showing as below:

NZSE:LIC' s Gross Margin % Range Over the Past 10 Years
Min: 79.23   Med: 84.27   Max: 98.12
Current: 84.28


During the past 13 years, the highest Gross Margin % of Livestock Improvement was 98.12%. The lowest was 79.23%. And the median was 84.27%.

NZSE:LIC's Gross Margin % is ranked better than
98.21% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.36 vs NZSE:LIC: 84.28

Livestock Improvement had a gross margin of 88.05% for the quarter that ended in Nov. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Livestock Improvement was 0.10% per year.


Livestock Improvement  (NZSE:LIC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Livestock Improvement had a gross margin of 88.05% for the quarter that ended in Nov. 2025 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Livestock Improvement Gross Margin % Related Terms


Livestock Improvement Gross Margin % Historical Data

* Premium members only.

The historical data trend for Livestock Improvement's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Livestock Improvement Gross Margin % Chart

Livestock Improvement Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.62 83.07 83.15 84.57 84.32

Livestock Improvement Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.83 78.68 88.32 77.55 88.05

NZSE:LIC vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Livestock Improvement's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Livestock Improvement Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Livestock Improvement's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Livestock Improvement's Gross Margin % falls into.


NZSE:LIC
81GF Score
Livestock Improvement Corp Ltd NZSE:LIC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Livestock Improvement Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Livestock Improvement's Gross Margin for the fiscal year that ended in May. 2025 is calculated as

Gross Margin % (A: May. 2025 )=Gross Profit (A: May. 2025 ) / Revenue (A: May. 2025 )
=248.8 / 295.107
=(Revenue - Cost of Goods Sold) / Revenue
=(295.107 - 46.266) / 295.107
=84.32 %

Livestock Improvement's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=171.9 / 195.246
=(Revenue - Cost of Goods Sold) / Revenue
=(195.246 - 23.339) / 195.246
=88.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 88.05% mean?
Livestock Improvement (NZSE:LIC) has a Gross Margin % of 88.05% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Livestock Improvement and its competitors. This is near median its historical median of 84.27. Over the past decade, Livestock Improvement's Gross Margin % has ranged from 79.23 to 98.12. According to the industry distribution chart, Livestock Improvement ranks #34 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 1.8%.
Is Livestock Improvement's Gross Margin % too high?
Livestock Improvement's current Gross Margin % of 88.05% is near median its 10-year median of 84.27. Over the past 10 years, this metric has ranged from a low of 79.23 to a high of 98.12. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Livestock Improvement's value of 88.05% is 234% above this industry median. Based on the distribution chart, Livestock Improvement ranks #34 out of 1899 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Livestock Improvement has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Livestock Improvement's Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Livestock Improvement ranks #34 out of 1899 companies for Gross Margin %. This places Livestock Improvement in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.36. Livestock Improvement's value of 88.05% is 234% above this benchmark. Historically, Livestock Improvement's own Gross Margin % has ranged from 79.23 to 98.12 over the past decade. While the company's 10-year median is 84.27 vs. the industry median of 26.36, Livestock Improvement has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,899 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Livestock Improvement's current Gross Margin % of 88.05% is 234% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Livestock Improvement and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Livestock Improvement's current Gross Margin % is 88.05%, which is near median its own 10-year median of 84.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Livestock Improvement stock overvalued right now?
Based on GuruFocus' analysis, Livestock Improvement (NZSE:LIC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$1.22, compared to a current price of NZ$1.20 — trading 1.6% below its estimated fair value. The current Gross Margin % is 88.05%, which is near median its 10-year median of 84.27 and 234% above the Consumer Packaged Goods industry median of 26.36. Livestock Improvement's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Livestock Improvement (NZSE:LIC), the current Gross Margin % is 88.05% as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Livestock Improvement (NZSE:LIC) Overvalued in 2026?

Based on GuruFocus' analysis, Livestock Improvement stock appears to be undervalued. The current stock price of NZ$1.20 is trading 1.6% below its estimated GF Value™ of NZ$1.22. GuruFocus considers Livestock Improvement to be Fairly Valued.

Key valuation signals for NZSE:LIC:

  • Gross Margin %: 88.05% (near median its 10-year median of 84.27)
  • GF Value™: NZ$1.22 vs. price of NZ$1.20 (1.6% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 234% above the Consumer Packaged Goods median (#34 of 1899)

No single metric tells the full story. See the NZSE:LIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Livestock Improvement Business Description

Address 605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286
Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and international. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.
81GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$1.20
Price
NZ$1.22
GF Value