59.22 USD
+0.03 (+0.05%)
59.22 USD
0 (0%)
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 gets an excellent profitability rating and is at the same time showing great financial health properties. TECH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
TECH had positive earnings in the past year.
In the past year TECH had a positive cash flow from operations.
Each year in the past 5 years TECH has been profitable.
Each year in the past 5 years TECH had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TECH (3.04%) is better than 73.68% of its industry peers.
With a decent Return On Equity value of 3.91%, TECH is doing good in the industry, outperforming 73.68% of the companies in the same industry.
The Return On Invested Capital of TECH (9.33%) is better than 84.21% of its industry peers.
TECH had an Average Return On Invested Capital over the past 3 years of 9.00%. This is below the industry average of 13.99%.
The 3 year average ROIC (9.00%) for TECH is below the current ROIC(9.33%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 6.32%, TECH is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
TECH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 22.13%, TECH belongs to the top of the industry, outperforming 91.23% of the companies in the same industry.
TECH's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 66.83%, TECH belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
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
The number of shares outstanding for TECH has been increased compared to 5 years ago.
TECH has a worse debt/assets ratio than last year.
2.2 Solvency
TECH has an Altman-Z score of 11.53. This indicates that TECH is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.53, TECH belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
TECH has a debt to FCF ratio of 1.34. This is a very positive value and a sign of high solvency as it would only need 1.34 years to pay back of all of its debts.
TECH has a better Debt to FCF ratio (1.34) than 89.47% of its industry peers.
TECH has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
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 | 11.53 |
ROIC/WACC0.86
WACC10.79%
2.3 Liquidity
TECH has a Current Ratio of 4.22. This indicates that TECH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.22, TECH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 2.81 indicates that TECH has no problem at all paying its short term obligations.
TECH has a Quick ratio (2.81) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 2.81 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.82% over the past year.
The Earnings Per Share has been growing by 11.25% on average over the past years. This is quite good.
The Revenue for TECH has decreased by -16.00% in the past year. This is quite bad
Measured over the past years, TECH shows a quite strong growth in Revenue. The Revenue has been growing by 10.55% on average per year.
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
The Earnings Per Share is expected to grow by 8.61% on average over the next years. This is quite good.
Based on estimates for the next years, TECH will show a small growth in Revenue. The Revenue will grow by 7.10% on average per year.
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
TECH is valuated quite expensively with a Price/Earnings ratio of 30.68.
70.18% of the companies in the same industry are more expensive than TECH, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.92. TECH is around the same levels.
A Price/Forward Earnings ratio of 26.47 indicates a quite expensive valuation of TECH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TECH indicates a somewhat cheap valuation: TECH is cheaper than 75.44% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. TECH is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.68 | ||
| Fwd PE | 26.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TECH is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TECH indicates a somewhat cheap valuation: TECH is cheaper than 64.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.18 | ||
| EV/EBITDA | 25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TECH does not grow enough to justify the current Price/Earnings ratio.
TECH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)6.44
PEG (5Y)2.73
EPS Next 2Y7.66%
EPS Next 3Y10.98%
5. Dividend
5.1 Amount
With a yearly dividend of 0.54%, TECH is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.09, TECH pays a better dividend. On top of this TECH pays more dividend than 92.98% of the companies listed in the same industry.
With a Dividend Yield of 0.54, TECH pays less dividend than the S&P500 average, which is at 2.00.
| 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 paid a dividend for at least 10 years, which is a reliable track record.
The dividend of TECH decreased recently.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
65.26% of the earnings are spent on dividend by TECH. 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%
59.22
+0.03 (+0.05%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners107%
Inst Owner Change7.13%
Ins Owners0.25%
Ins Owner Change3.89%
Market Cap9.23B
Revenue(TTM)1.22B
Net Income(TTM)76.84M
Analysts81.74
Price Target71.26 (20.33%)
Short Float %5.95%
Short Ratio4.8
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-Date
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)5.55%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-6.41%
EPS NY rev (1m)-1.06%
EPS NY rev (3m)-1.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.77%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.68 | ||
| Fwd PE | 26.47 | ||
| P/S | 7.58 | ||
| P/FCF | 41.18 | ||
| P/OCF | 36.72 | ||
| P/B | 4.69 | ||
| P/tB | 14.49 | ||
| EV/EBITDA | 25 |
EPS(TTM)1.93
EY3.26%
EPS(NY)2.24
Fwd EY3.78%
FCF(TTM)1.44
FCFY2.43%
OCF(TTM)1.61
OCFY2.72%
SpS7.81
BVpS12.62
TBVpS4.09
PEG (NY)6.44
PEG (5Y)2.73
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 | 11.53 |
F-Score5
WACC10.79%
ROIC/WACC0.86
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 for TECH stock?
ChartMill assigns a valuation rating of 4 / 10 to BIO-TECHNE CORP (TECH). This can be considered as Fairly Valued.
How profitable is BIO-TECHNE CORP (TECH) stock?
BIO-TECHNE CORP (TECH) has a profitability rating of 7 / 10.
How financially healthy is BIO-TECHNE CORP?
The financial health rating of BIO-TECHNE CORP (TECH) is 7 / 10.
What is the expected EPS growth for BIO-TECHNE CORP (TECH) stock?
The Earnings per Share (EPS) of BIO-TECHNE CORP (TECH) is expected to grow by 4.76% in the next year.