Bio-Techne Corporation

Bio-Techne Corporation

TECHยทNASDAQ

$50.85

+2.6%
HealthcareBiotechnology

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.

At a Glance

Live Snapshot
Market Cap$7.96B
EPS0.4700
P/E Ratio108.19
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 108.2).

Valuation inputs: P/E 108.2, earnings yield +0.9%, momentum +2.6%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +3.8%, ROIC +3.2%).

Profitability stack: net margin +6.0%, ROE +3.8%, ROIC +3.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +25.0%, momentum +2.6%, net margin +6.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Bio-Techne Corporation Market vs Earnings Trajectory

TECH ยท NASDAQ

Loading price and EPS data...

Bio-Techne Corporation

Bio-Techne Corporation Fair Value Envelope

TECH ยท NASDAQ

Our analysis suggests that TECH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $50.85, this represents a potential HIDDEN relative to our calculated worth for Bio-Techne Corporation.

Intrinsic Value
Current Price: $50.85
3Y-73.0%
5Y-69.0%
10Y-33.0%
3Y+10.0%
5Y+65.0%
10Y+144.0%
3Y-73.0%
5Y-68.0%
10Y-30.0%
3Y-12.0%
5Y+40.0%
10Y+100.0%
3Y-8.0%
5Y+67.0%
10Y+102.0%
3Y+11.0%
5Y+26.0%
10Y+126.0%
Bio-Techne Corporation

Bio-Techne Corporation Profit Bridge

TECH ยท NASDAQ
Revenue1.22B
Cost of Goods Sold (429.36M)
Gross Profit790.27M
Operating Expenses (688.02M)
Operating Income102.25M
Interest Expense (8.51M)
Other Income/Expense-3.79M
Pretax Income98.46M
Income Tax (25.06M)
Net Income73.40M
Net Income
73.40M

Profitability Analysis

Gross Margin

64.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

8.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

6.0%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

25.5%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

64.80%
Gross Profit Margin
-2%
3Y-5.0%
5Y-1.0%
10Y-4.0%
8.38%
Operating Profit Margin
-53%
3Y-69.0%
5Y-17.0%
10Y-72.0%
6.02%
Net Profit Margin
-59%
3Y-76.0%
5Y-81.0%
10Y-71.0%
3.83%
Return on Equity
-53%
3Y-76.0%
5Y-77.0%
10Y-68.0%
2.87%
Return on Assets
-54%
3Y-76.0%
5Y-75.0%
10Y-69.0%
3.18%
Return on Invested Capital
-57%
3Y-74.0%
5Y-
10Y-68.0%
TECH

Bio-Techne Corporation Cash Conversion Engine

TECH ยท NASDAQ
Net Income73.40M
Depreciation & Amortization109.90M
Stock-Based Compensation40.83M
Change in Working Capital11.54M
Others102.99M
Capital Expenditures-31.01M
Free Cash Flow256.55M

Cash Flow Quality Analysis

FCF Conversion Rate

349.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

10.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+8.7%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

+$11.54M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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Bio-Techne Corporation Funding & Solvency Profile

TECH ยท NASDAQ
Cash & Cash Equivalents209.82M
Net Receivables214.56M
Inventory201.18M
Other Current Assets62.49M
Total Current Assets688 M
Property, Plant & Equipment301.31M
Goodwill & Intangible Assets1.30B
Long-Term Investments0.00
Other Non-Current Assets264.37M
Total Non-Current Assets566 M
Total Assets
2.55B

Financial Health Analysis

Current Ratio

4.49x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.21x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

535 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

27% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Bio-Techne Corporation Street Expectations Map

TECH ยท NASDAQ

Wall Street analysts project that TECH stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 60.33, with estimates ranging from a low of 49.00 to a high of 79.00.

Lowest Target
49.00
-3.64%
Consensus Target
60.33
18.64%
Highest Target
79.00
55.36%

The consensus 1-year price target stands at 60.33, with estimates ranging from a low of 49.00 to a high of 79.00.

Analyst Consensus Analysis

Upside Potential

+18.6%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

49.7% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

15.22x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

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Bio-Techne Corporation Insider Positioning

TECH ยท NASDAQ

During the last 12 months, insiders have sold $2.42M worth of TECH shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

6.6K

320.39K

Net Activity

-320K

-$320K

3-6 Months

Bought

0

0.00

Sold

2.0K

116.79K

Net Activity

-117K

-$117K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

35.4K

1.98M

Net Activity

-2.0M

-$1.98M

Top Buyers

No buying activity

Top Sellers

1
NR

Nusse Roeland

Director

17.0K sharesโ€ข1 transactions

$960K

2
BRV

Baumgartner Robert V

Director

17.0K sharesโ€ข1 transactions

$958K

3
HAE

Herr Amy E.

Director

9.9K sharesโ€ข3 transactions

$501K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.42M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$320K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.15%
Dividend Yield
13%
3Y+43.0%
5Y+83.0%
10Y-46.0%
ย 

tech Dividend History

TECH
10Y CAGR +0%
Latest $0.08
Annual $0.4
Stable dividend payments
Last Period: +0%