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NASDAQ: TECH
Bio Techne Corp Stock

$62.21-0.52 (-0.83%)
Updated Apr 18, 2024
TECH Price
$62.21
Fair Value Price
$39.89
Market Cap
$9.78B
52 Week Low
$51.79
52 Week High
$89.91
P/E
44.12x
P/B
4.98x
P/S
10.62x
PEG
1.5x
Dividend Yield
0.51%
Revenue
$1.14B
Earnings
$224.16M
Gross Margin
67.1%
Operating Margin
22.94%
Profit Margin
19.6%
Debt to Equity
0.39
Operating Cash Flow
$276M
Beta
0.92
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

TECH Overview

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of manual and automated protein analysis instruments and immunoassays for use in quantifying proteins in various biological fluids. The Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for regulated diagnostics market, exosome-based molecular diagnostic assays, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications; and sells products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications. It offers its products under R&D Systems, Tocris Biosciences, Novus Biologicals, ProteinSimple, Advanced Cell Diagnostics, Exosome Diagnostics, and Asuragen brands. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was founded in 1976 and is headquartered in Minneapolis, Minnesota.

Zen Score

–
Industry Average (23)
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Due Diligence Checks

TECH ($62.21) is overvalued by 55.96% relative to our estimate of its Fair Value price of $39.89 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
TECH ($62.21) is not significantly undervalued (55.96%) relative to our estimate of its Fair Value price of $39.89 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
TECH ($62.21) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more TECH due diligence checks available for Premium users.

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TECH News

Valuation

TECH fair value

Fair Value of TECH stock based on Discounted Cash Flow (DCF)
Price
$62.21
Fair Value
$39.89
Overvalued by
55.96%
TECH ($62.21) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
TECH ($62.21) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
TECH ($62.21) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

TECH price to earnings (PE)

For valuing profitable companies with steady earnings
Company
44.12x
Industry
15.68x
Market
41.33x
TECH is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TECH is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

TECH price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.98x
Industry
5.76x
TECH is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

TECH price to earnings growth (PEG)

For valuing profitable companies with growth potential
TECH is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

TECH's financial health

Profit margin

Revenue
$272.6M
Net Income
$27.5M
Profit Margin
10.1%
TECH's Earnings (EBIT) of $262.67M... subscribe to Premium to read more.
Interest Coverage Financials
TECH's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.7B
Liabilities
$767.2M
Debt to equity
0.39
TECH's short-term assets ($590.64M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TECH's long-term liabilities ($631.96M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TECH's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
TECH's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$83.1M
Investing
-$23.7M
Financing
-$81.4M
TECH's operating cash flow ($276.43M)... subscribe to Premium to read more.
Debt Coverage Financials

TECH vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
TECH$9.78B-0.83%44.12x4.98x
SRPT$10.94B-1.14%-20.09x12.73x
LEGN$8.57B-3.50%-16.03x6.85x
UTHR$11.15B+0.69%11.26x1.86x
ROIV$8.35B-0.77%1.86x1.37x

Bio Techne Stock FAQ

What is Bio Techne's quote symbol?

(NASDAQ: TECH) Bio Techne trades on the NASDAQ under the ticker symbol TECH. Bio Techne stock quotes can also be displayed as NASDAQ: TECH.

If you're new to stock investing, here's how to buy Bio Techne stock.

What is the 52 week high and low for Bio Techne (NASDAQ: TECH)?

(NASDAQ: TECH) Bio Techne's 52-week high was $89.91, and its 52-week low was $51.79. It is currently -30.81% from its 52-week high and 20.12% from its 52-week low.

How much is Bio Techne stock worth today?

(NASDAQ: TECH) Bio Techne currently has 157,191,685 outstanding shares. With Bio Techne stock trading at $62.21 per share, the total value of Bio Techne stock (market capitalization) is $9.78B.

Bio Techne stock was originally listed at a price of $2.22 in Dec 31, 1997. If you had invested in Bio Techne stock at $2.22, your return over the last 26 years would have been 2,703.52%, for an annualized return of 13.68% (not including any dividends or dividend reinvestments).

How much is Bio Techne's stock price per share?

(NASDAQ: TECH) Bio Techne stock price per share is $62.21 today (as of Apr 18, 2024).

What is Bio Techne's Market Cap?

(NASDAQ: TECH) Bio Techne's market cap is $9.78B, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Bio Techne's market cap is calculated by multiplying TECH's current stock price of $62.21 by TECH's total outstanding shares of 157,191,685.
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