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Bio-Techne Corp TECH

Morningstar Rating
$62.73 −1.28 (2.00%)
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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

TECH is trading at a 19% discount.
Price
$62.35
Fair Value
$73.14
Uncertainty
High
1-Star Price
$892.61
5-Star Price
$95.27
Economic Moat
Mhrjrm
Capital Allocation
Lwrrzdn
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News

Trading Information

Previous Close Price
$64.01
Day Range
$62.7064.81
52-Week Range
$51.7989.91
Bid/Ask
$61.40 / $74.00
Market Cap
$9.86 Bil
Volume/Avg
902,987 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
33.18
Price/Sales
8.85
Dividend Yield (Trailing)
0.51%
Dividend Yield (Forward)
0.51%
Total Yield
1.32%

Company Profile

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Mid Core
Total Number of Employees
3,050

Comparables

Valuation

Metric
TECH
TIHE
BIO
Price/Earnings (Normalized)
33.1824.44
Price/Book Value
5.020.96
Price/Sales
8.853.20
Price/Cash Flow
30.8910.59
Price/Earnings
TECH
TIHE
BIO

Financial Strength

Metric
TECH
TIHE
BIO
Quick Ratio
2.544.01
Current Ratio
4.375.83
Interest Coverage
18.34−18.24
Quick Ratio
TECH
TIHE
BIO

Profitability

Metric
TECH
TIHE
BIO
Return on Assets (Normalized)
11.61%2.73%
Return on Equity (Normalized)
15.75%3.84%
Return on Invested Capital (Normalized)
13.09%2.95%
Return on Assets
TECH
TIHE
BIO
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