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Bio-Rad Laboratories Inc BIO.B

Morningstar Rating
$279.65 −1.25 (0.45%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BIO.B is trading at a 68% premium.
Price
$280.51
Fair Value
$644.20
Uncertainty
High
1-Star Price
$125.86
5-Star Price
$879.68
Economic Moat
Qdc
Capital Allocation
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News

Trading Information

Previous Close Price
$280.90
Day Range
$279.65279.65
52-Week Range
$269.05417.25
Bid/Ask
$0.00 / $0.00
Market Cap
$7.98 Bil
Volume/Avg
4 / 300

Key Statistics

Price/Earnings (Normalized)
23.36
Price/Sales
3.11
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
5.16%

Company Profile

Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and sells products and solutions for the clinical diagnostics and life sciences markets. In clinical diagnostics (56% of sales), Bio-Rad sells test systems and specialized quality controls for clinical laboratories. In life sciences (44% of sales), it develops and manufactures instruments and reagents used in research, biopharmaceutical production, and food testing and has a leadership position in dPCR technology. The company is geographically diverse, with major markets in the Americas (42% of 2023 sales), Europe (31%), Asia (31%), and other (6%). Bio-Rad owns approximately 33% of Sartorius, a lab and bioprocessing supplier that specializes in single-use technology used in biologics manufacturing.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
8,030

Competitors

Valuation

Metric
BIO.B
TMO
DHR
Price/Earnings (Normalized)
23.3627.3232.09
Price/Book Value
0.884.953.59
Price/Sales
3.115.388.59
Price/Cash Flow
11.8226.3529.24
Price/Earnings
BIO.B
TMO
DHR

Financial Strength

Metric
BIO.B
TMO
DHR
Quick Ratio
4.011.191.34
Current Ratio
5.831.701.85
Interest Coverage
−18.244.8315.85
Quick Ratio
BIO.B
TMO
DHR

Profitability

Metric
BIO.B
TMO
DHR
Return on Assets (Normalized)
2.49%8.69%5.15%
Return on Equity (Normalized)
3.50%18.71%8.40%
Return on Invested Capital (Normalized)
2.78%10.97%6.02%
Return on Assets
BIO.B
TMO
DHR
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