Livestock Improvement (NZSE:LIC) Asset Turnover: 0.47 (As of Nov. 2025)


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
View Full Analysis

What is Livestock Improvement Asset Turnover?

Livestock Improvement NZSE:LIC 81 Asset Turnover is 0.47 as of Nov. 2025. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Livestock Improvement's Revenue for the six months ended in Nov. 2025 was NZ$195.2 Mil. Livestock Improvement's Total Assets for the quarter that ended in Nov. 2025 was NZ$412.4 Mil. Therefore, Livestock Improvement's Asset Turnover for the quarter that ended in Nov. 2025 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Livestock Improvement's annualized ROE % for the quarter that ended in Nov. 2025 was 22.00%. It is also linked to ROA % through Du Pont Formula. Livestock Improvement's annualized ROA % for the quarter that ended in Nov. 2025 was 16.40%.


Livestock Improvement  (NZSE:LIC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Livestock Improvement's annulized ROE % for the quarter that ended in Nov. 2025 is

ROE %**(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=67.616/307.317
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(67.616 / 390.492)*(390.492 / 412.4135)*(412.4135/ 307.317)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.32 %*0.9468*1.342
=ROA %*Equity Multiplier
=16.40 %*1.342
=22.00 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Livestock Improvement's annulized ROA % for the quarter that ended in Nov. 2025 is

ROA %(Q: Nov. 2025 )
=Net Income/Total Assets
=67.616/412.4135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(67.616 / 390.492)*(390.492 / 412.4135)
=Net Margin %*Asset Turnover
=17.32 %*0.9468
=16.40 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Livestock Improvement Asset Turnover Related Terms


Livestock Improvement Asset Turnover Historical Data

* Premium members only.

The historical data trend for Livestock Improvement's Asset Turnover 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 Asset Turnover Chart

Livestock Improvement Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.69 0.72 0.72 0.79

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
Asset Turnover 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 0.43 0.25 0.48 0.27 0.47

NZSE:LIC vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Livestock Improvement's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Livestock Improvement's Asset Turnover falls into.


NZSE:LIC
81GF Score
Livestock Improvement Corp Ltd NZSE:LIC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Livestock Improvement Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2025 )/( (Total Assets (A: May. 2024 )+Total Assets (A: May. 2025 ))/ count )
=295.107/( (358.608+392.034)/ 2 )
=295.107/375.321
=0.79

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=195.246/( (392.034+432.793)/ 2 )
=195.246/412.4135
=0.47

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.47 mean?
Livestock Improvement (NZSE:LIC) has a Asset Turnover of 0.47 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Livestock Improvement and its competitors.
Is Livestock Improvement's Asset Turnover too high?
Livestock Improvement's current Asset Turnover is 0.47. 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 Asset Turnover compare to ADM and BG?
Livestock Improvement's Asset Turnover of 0.47 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Livestock Improvement and its competitors. Livestock Improvement's current Asset Turnover is 0.47. 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 Asset Turnover is 0.47. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Livestock Improvement (NZSE:LIC), the current Asset Turnover is 0.47 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:

  • Asset Turnover: 0.47
  • GF Value™: NZ$1.22 vs. price of NZ$1.20 (1.6% below fair value)
  • GF Score™: 81/100 with 1 warning sign

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

Get the complete analysis for NZSE:LIC

Asset Turnover 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