Bio-Techne Corp TECH

Morningstar Rating
$72.40 −0.07 (0.10%)
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Company Report

Bio-Techne To Be Acquired by Merck KGaA

Bio-Techne is a market leader in proteins, immunoassays, clinical diagnostic controls, and other reagents that are crucial for the academic, biopharmaceutical, and diagnostic markets. On June 25, 2026, Merck KGaA announced a proposed acquisition of Bio-Techne, which is expected to close by late 2026 or early 2027.

Price vs Fair Value

TECH is trading at a LOCK|#xrL@p premium.
Price
$72.40
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The firm's reputation for excellent proteomic reagents and instruments allows it to generate high profit margins and strong cash flow.

Bears

Bio-Techne's long-term strategy relies on acquisitions, and the company may have difficulty finding suitable targets because of high valuations or scarcity. Additionally, it may fail to successfully integrate and scale up an acquired business.

News

Trading Information

Previous Close Price
$72.47
Day Range
$72.38–72.54
52-Week Range
$43.20–72.69
Bid/Ask
$72.36 / $72.75
Shares Outstanding
156.82M
Market Cap
$11.35B
Volume/Avg
126 / 3M

Key Statistics

Price/Earnings (Normalized)
37.50
Price/Sales
9.36
Dividend Yield (Trailing)
0.44%
Dividend Yield (Forward)
0.44%
Dividend Payment Schedule
Feb, May, Sep, Nov
Total Yield
0.81%

Company Profile

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. It reports in two segments: protein sciences (about 75% of revenue) and diagnostics and genomics (25%). The protein sciences segment sells reagents and analytical instruments used in life sciences research, including antibodies used in protein analysis. The diagnostics and genomics segment sells diagnostic reagents, molecular diagnostics, and spatial biology products. The United States accounts for about 55% of revenue. The firm also has operations in Europe, the Middle East, and Africa (20% of sales), the UK (5%), and Asia-Pacific (15%), with the rest of the world accounting for the remaining 5%.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Core
Total Number of Employees
3,000

Competitors

Valuation

Metric
TECH
BIO
DHR
Price/Earnings (Normalized)
37.5038.3226.08
Price/Book Value
5.361.332.83
Price/Sales
9.363.706.00
Price/Cash Flow
34.1025.7921.01
Price/Earnings
TECH
BIO
DHR

Financial Strength

Metric
TECH
BIO
DHR
Quick Ratio
2.942.141.03
Current Ratio
4.553.141.65
Interest Coverage
25.556.3816.95
Quick Ratio
TECH
BIO
DHR

Profitability

Metric
TECH
BIO
DHR
Return on Assets (Normalized)
11.90%2.47%5.34%
Return on Equity (Normalized)
15.03%3.53%8.59%
Return on Invested Capital (Normalized)
12.96%2.66%6.45%
Return on Assets
TECH
BIO
DHR

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