Livestock ImprovementNZSE:LIC 76 Return-on-Tangible-Equity is 26.16% as of Nov. 2025, which is 157% above its 10-year median of 10.18. GuruFocus rates NZSE:LIC with a GF Score™ of 76/100 and a GF Value™ of NZ$1.22 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,878 Consumer Packaged Goods companies, Livestock Improvement ranks better than 56.34% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Livestock Improvement's annualized net income for the quarter that ended in Nov. 2025 was NZ$67.6 Mil. Livestock Improvement's average shareholder tangible equity for the quarter that ended in Nov. 2025 was NZ$258.5 Mil. Therefore, Livestock Improvement's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 26.16%.
The historical rank and industry rank for Livestock Improvement's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:LIC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.78 Med: 10.18 Max: 14.12
Current: 9.82
During the past 13 years, Livestock Improvement's highest Return-on-Tangible-Equity was 14.12%. The lowest was -2.78%. And the median was 10.18%.
NZSE:LIC's Return-on-Tangible-Equity is ranked better than 56.34% of 1878
companies
in the Consumer Packaged Goods industry
Industry Median: 7.78
vs NZSE:LIC: 9.82
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Livestock Improvement Return-on-Tangible-Equity Related Terms
Livestock Improvement Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Livestock Improvement's Return-on-Tangible-Equity 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.
NZSE:LIC vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Livestock Improvement's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Livestock Improvement's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Livestock Improvement's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.16% mean?
Livestock Improvement (NZSE:LIC) has a Return-on-Tangible-Equity of 26.16% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Livestock Improvement and its competitors. This is 157% above median its historical median of 10.18. According to the industry distribution chart, Livestock Improvement ranks #820 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 43.7%.
Is Livestock Improvement's Return-on-Tangible-Equity too high?
Livestock Improvement's current Return-on-Tangible-Equity of 26.16% is 157% above median its 10-year median of 10.18. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Livestock Improvement's value of 26.16% is 236.2% above this industry median. Based on the distribution chart, Livestock Improvement ranks #820 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Livestock Improvement has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Livestock Improvement's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Livestock Improvement ranks #820 out of 1878 companies for Return-on-Tangible-Equity. This puts Livestock Improvement in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Livestock Improvement's value of 26.16% is 236.2% above this benchmark. While the company's 10-year median is 10.18 vs. the industry median of 7.78, 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 Return-on-Tangible-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Livestock Improvement's current Return-on-Tangible-Equity of 26.16% is 236.2% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Livestock Improvement and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Livestock Improvement's current Return-on-Tangible-Equity is 26.16%, which is 157% above median its own 10-year median of 10.18. 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$1.21 — trading 0.8% below its estimated fair value. The current Return-on-Tangible-Equity is 26.16%, which is 157% above median its 10-year median of 10.18 and 236.2% above the Consumer Packaged Goods industry median of 7.78. Livestock Improvement's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Livestock Improvement (NZSE:LIC), the current Return-on-Tangible-Equity is 26.16% 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$1.21 is trading 0.8% below its estimated GF Value™ of NZ$1.22.
GuruFocus considers Livestock Improvement to be Fairly Valued.
Key valuation signals for NZSE:LIC:
Return-on-Tangible-Equity: 26.16% (157% above median its 10-year median of 10.18)
GF Value™: NZ$1.22 vs. price of NZ$1.21 (0.8% below fair value)
Industry Position: 236.2% above the Consumer Packaged Goods median (#820 of 1878)
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 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.
76GF Score
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