65.7 USD
+1.12 (+1.73%)
65.19 USD
-0.51 (-0.78%)
TECH gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 57 industry peers in the Life Sciences Tools & Services industry. TECH has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TECH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TECH was profitable.
TECH had a positive operating cash flow in the past year.
In the past 5 years TECH has always been profitable.
TECH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TECH (3.04%) is better than 73.68% of its industry peers.
Looking at the Return On Equity, with a value of 3.91%, TECH is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
TECH has a Return On Invested Capital of 9.33%. This is amongst the best in the industry. TECH outperforms 84.21% of its industry peers.
TECH had an Average Return On Invested Capital over the past 3 years of 9.00%. This is significantly below the industry average of 14.00%.
The last Return On Invested Capital (9.33%) for TECH is above the 3 year average (9.00%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.04% | ||
| ROE | 3.91% | ||
| ROIC | 9.33% |
ROA(3y)6.63%
ROA(5y)7.59%
ROE(3y)8.82%
ROE(5y)10.28%
ROIC(3y)9%
ROIC(5y)9.64%
1.3 Margins
TECH's Profit Margin of 6.32% is fine compared to the rest of the industry. TECH outperforms 73.68% of its industry peers.
TECH's Profit Margin has declined in the last couple of years.
The Operating Margin of TECH (22.13%) is better than 91.23% of its industry peers.
In the last couple of years the Operating Margin of TECH has remained more or less at the same level.
TECH has a Gross Margin of 66.83%. This is amongst the best in the industry. TECH outperforms 89.47% of its industry peers.
In the last couple of years the Gross Margin of TECH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.13% | ||
| PM (TTM) | 6.32% | ||
| GM | 66.83% |
OM growth 3Y-6.91%
OM growth 5Y1.3%
PM growth 3Y-37.46%
PM growth 5Y-27.97%
GM growth 3Y-0.95%
GM growth 5Y0.33%
2. Health
2.1 Basic Checks
TECH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TECH has less shares outstanding
Compared to 5 years ago, TECH has more shares outstanding
TECH has a worse debt/assets ratio than last year.
2.2 Solvency
TECH has an Altman-Z score of 12.43. This indicates that TECH is financially healthy and has little risk of bankruptcy at the moment.
TECH has a better Altman-Z score (12.43) than 96.49% of its industry peers.
The Debt to FCF ratio of TECH is 1.34, which is an excellent value as it means it would take TECH, only 1.34 years of fcf income to pay off all of its debts.
TECH has a Debt to FCF ratio of 1.34. This is amongst the best in the industry. TECH outperforms 89.47% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that TECH is not too dependend on debt financing.
TECH's Debt to Equity ratio of 0.15 is in line compared to the rest of the industry. TECH outperforms 59.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 12.43 |
ROIC/WACC0.85
WACC10.92%
2.3 Liquidity
A Current Ratio of 4.22 indicates that TECH has no problem at all paying its short term obligations.
The Current ratio of TECH (4.22) is better than 66.67% of its industry peers.
TECH has a Quick Ratio of 2.81. This indicates that TECH is financially healthy and has no problem in meeting its short term obligations.
TECH's Quick ratio of 2.81 is in line compared to the rest of the industry. TECH outperforms 57.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 2.81 |
3. Growth
3.1 Past
TECH shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.82%.
The Earnings Per Share has been growing by 11.25% on average over the past years. This is quite good.
TECH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.00%.
The Revenue has been growing by 10.55% on average over the past years. This is quite good.
EPS 1Y (TTM)7.82%
EPS 3Y-0.77%
EPS 5Y11.25%
EPS Q2Q%0%
Revenue 1Y (TTM)-16%
Revenue growth 3Y3.33%
Revenue growth 5Y10.55%
Sales Q2Q%-1%
3.2 Future
Based on estimates for the next years, TECH will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.61% on average per year.
TECH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.10% yearly.
EPS Next Y4.76%
EPS Next 2Y7.66%
EPS Next 3Y10.98%
EPS Next 5Y8.61%
Revenue Next Year0.56%
Revenue Next 2Y3.76%
Revenue Next 3Y6.14%
Revenue Next 5Y7.1%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.04 indicates a quite expensive valuation of TECH.
Compared to the rest of the industry, the Price/Earnings ratio of TECH indicates a somewhat cheap valuation: TECH is cheaper than 68.42% of the companies listed in the same industry.
TECH is valuated rather expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 29.37, the valuation of TECH can be described as expensive.
71.93% of the companies in the same industry are more expensive than TECH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, TECH is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.04 | ||
| Fwd PE | 29.37 |
4.2 Price Multiples
TECH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TECH is cheaper than 61.40% of the companies in the same industry.
63.16% of the companies in the same industry are more expensive than TECH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.69 | ||
| EV/EBITDA | 27.22 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of TECH may justify a higher PE ratio.
PEG (NY)7.15
PEG (5Y)3.03
EPS Next 2Y7.66%
EPS Next 3Y10.98%
5. Dividend
5.1 Amount
TECH has a yearly dividend return of 0.54%, which is pretty low.
TECH's Dividend Yield is rather good when compared to the industry average which is at 0.09. TECH pays more dividend than 92.98% of the companies in the same industry.
With a Dividend Yield of 0.54, TECH pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.54% |
5.2 History
The dividend of TECH has a limited annual growth rate of 0.11%.
TECH has been paying a dividend for at least 10 years, so it has a reliable track record.
TECH has decreased its dividend recently.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
TECH pays out 65.26% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TECH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP65.26%
EPS Next 2Y7.66%
EPS Next 3Y10.98%
65.7
+1.12 (+1.73%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners107.49%
Inst Owner Change0%
Ins Owners0.25%
Ins Owner Change3.89%
Market Cap10.24B
Revenue(TTM)1.22B
Net Income(TTM)76.84M
Analysts81.74
Price Target71.26 (8.46%)
Short Float %6.06%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.54% |
Yearly Dividend0.32
Dividend Growth(5Y)0.11%
DP65.26%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.05%
Min EPS beat(2)-2.04%
Max EPS beat(2)4.14%
EPS beat(4)3
Avg EPS beat(4)4.01%
Min EPS beat(4)-2.04%
Max EPS beat(4)7.36%
EPS beat(8)5
Avg EPS beat(8)2.5%
EPS beat(12)5
Avg EPS beat(12)-1.36%
EPS beat(16)7
Avg EPS beat(16)-2.4%
Revenue beat(2)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-3.53%
Max Revenue beat(2)-1.54%
Revenue beat(4)1
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-3.53%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-1.11%
Revenue beat(12)3
Avg Revenue beat(12)-2.41%
Revenue beat(16)4
Avg Revenue beat(16)-2.23%
PT rev (1m)0.66%
PT rev (3m)6.39%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-5.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.04 | ||
| Fwd PE | 29.37 | ||
| P/S | 8.41 | ||
| P/FCF | 45.69 | ||
| P/OCF | 40.74 | ||
| P/B | 5.21 | ||
| P/tB | 16.08 | ||
| EV/EBITDA | 27.22 |
EPS(TTM)1.93
EY2.94%
EPS(NY)2.24
Fwd EY3.4%
FCF(TTM)1.44
FCFY2.19%
OCF(TTM)1.61
OCFY2.45%
SpS7.81
BVpS12.62
TBVpS4.09
PEG (NY)7.15
PEG (5Y)3.03
Graham Number23.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.04% | ||
| ROE | 3.91% | ||
| ROCE | 11.3% | ||
| ROIC | 9.33% | ||
| ROICexc | 9.93% | ||
| ROICexgc | 24.48% | ||
| OM | 22.13% | ||
| PM (TTM) | 6.32% | ||
| GM | 66.83% | ||
| FCFM | 18.41% |
ROA(3y)6.63%
ROA(5y)7.59%
ROE(3y)8.82%
ROE(5y)10.28%
ROIC(3y)9%
ROIC(5y)9.64%
ROICexc(3y)9.68%
ROICexc(5y)10.59%
ROICexgc(3y)24.93%
ROICexgc(5y)34.08%
ROCE(3y)10.9%
ROCE(5y)11.68%
ROICexgc growth 3Y-19.18%
ROICexgc growth 5Y-3.96%
ROICexc growth 3Y-9.13%
ROICexc growth 5Y5.53%
OM growth 3Y-6.91%
OM growth 5Y1.3%
PM growth 3Y-37.46%
PM growth 5Y-27.97%
GM growth 3Y-0.95%
GM growth 5Y0.33%
F-Score5
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.34 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 25.63% | ||
| Cap/Sales | 2.24% | ||
| Interest Coverage | 14.5 | ||
| Cash Conversion | 66.94% | ||
| Profit Quality | 291.58% | ||
| Current Ratio | 4.22 | ||
| Quick Ratio | 2.81 | ||
| Altman-Z | 12.43 |
F-Score5
WACC10.92%
ROIC/WACC0.85
Cap/Depr(3y)40.04%
Cap/Depr(5y)43.01%
Cap/Sales(3y)3.78%
Cap/Sales(5y)4.03%
Profit Quality(3y)188.66%
Profit Quality(5y)177.71%
High Growth Momentum
Growth
EPS 1Y (TTM)7.82%
EPS 3Y-0.77%
EPS 5Y11.25%
EPS Q2Q%0%
EPS Next Y4.76%
EPS Next 2Y7.66%
EPS Next 3Y10.98%
EPS Next 5Y8.61%
Revenue 1Y (TTM)-16%
Revenue growth 3Y3.33%
Revenue growth 5Y10.55%
Sales Q2Q%-1%
Revenue Next Year0.56%
Revenue Next 2Y3.76%
Revenue Next 3Y6.14%
Revenue Next 5Y7.1%
EBIT growth 1Y-10.6%
EBIT growth 3Y-3.81%
EBIT growth 5Y11.98%
EBIT Next Year15.61%
EBIT Next 3Y12.84%
EBIT Next 5Y8.56%
FCF growth 1Y3.97%
FCF growth 3Y-2.92%
FCF growth 5Y10.82%
OCF growth 1Y-2.5%
OCF growth 3Y-4.03%
OCF growth 5Y6.98%
BIO-TECHNE CORP / TECH FAQ
Can you provide the ChartMill fundamental rating for BIO-TECHNE CORP?
ChartMill assigns a fundamental rating of 6 / 10 to TECH.
What is the valuation status of BIO-TECHNE CORP (TECH) stock?
ChartMill assigns a valuation rating of 3 / 10 to BIO-TECHNE CORP (TECH). This can be considered as Overvalued.
How profitable is BIO-TECHNE CORP (TECH) stock?
BIO-TECHNE CORP (TECH) has a profitability rating of 7 / 10.
What is the financial health of BIO-TECHNE CORP (TECH) stock?
The financial health rating of BIO-TECHNE CORP (TECH) is 7 / 10.
Is the dividend of BIO-TECHNE CORP sustainable?
The dividend rating of BIO-TECHNE CORP (TECH) is 4 / 10 and the dividend payout ratio is 65.26%.