BIO-TECHNE CORP (TECH) Stock Fundamental Analysis

USA Nasdaq NASDAQ:TECH • US09073M1045

65.48 USD
-1.3 (-1.95%)
At close: Feb 9, 2026
65.41 USD
-0.07 (-0.11%)
After Hours: 2/9/2026, 8:00:01 PM
Fundamental Rating

6

Taking everything into account, TECH scores 6 out of 10 in our fundamental rating. TECH was compared to 58 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 is not valued too expensively and it also shows a decent growth rate. With these ratings, TECH could be worth investigating further for quality investing!.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year TECH was profitable.
  • In the past year TECH had a positive cash flow from operations.
  • Each year in the past 5 years TECH has been profitable.
  • In the past 5 years TECH always reported a positive cash flow from operatings.
TECH Yearly Net Income VS EBIT VS OCF VS FCFTECH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

1.2 Ratios

  • The Return On Assets of TECH (3.04%) is better than 74.14% 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 74.14% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 9.33%, TECH belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for TECH is below the industry average of 13.29%.
  • 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 RankSector 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%
TECH Yearly ROA, ROE, ROICTECH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • TECH's Profit Margin of 6.32% is fine compared to the rest of the industry. TECH outperforms 74.14% of its industry peers.
  • TECH's Profit Margin has declined in the last couple of years.
  • TECH has a Operating Margin of 22.13%. This is amongst the best in the industry. TECH outperforms 91.38% of its industry peers.
  • TECH's Operating Margin has been stable in the last couple of years.
  • TECH has a Gross Margin of 66.83%. This is amongst the best in the industry. TECH outperforms 89.66% of its industry peers.
  • TECH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
TECH Yearly Profit, Operating, Gross MarginsTECH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

7

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.
  • The number of shares outstanding for TECH has been reduced compared to 1 year ago.
  • Compared to 5 years ago, TECH has more shares outstanding
  • Compared to 1 year ago, TECH has a worse debt to assets ratio.
TECH Yearly Shares OutstandingTECH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
TECH Yearly Total Debt VS Total AssetsTECH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • TECH has an Altman-Z score of 12.58. This indicates that TECH is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 12.58, TECH belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
  • 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's Debt to FCF ratio of 1.34 is amongst the best of the industry. TECH outperforms 89.66% 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 has a Debt to Equity ratio of 0.15. This is in the better half of the industry: TECH outperforms 60.34% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF 1.34
Altman-Z 12.58
ROIC/WACC0.84
WACC11.06%
TECH Yearly LT Debt VS Equity VS FCFTECH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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 65.52% of the companies in the same industry.
  • 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 has a Quick ratio of 2.81. This is comparable to the rest of the industry: TECH outperforms 56.90% of its industry peers.
Industry RankSector Rank
Current Ratio 4.22
Quick Ratio 2.81
TECH Yearly Current Assets VS Current LiabilitesTECH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 8.84% over the past year.
  • Measured over the past years, TECH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.25% on average per year.
  • The Revenue has been growing slightly by 5.23% in the past year.
  • TECH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.55% yearly.
EPS 1Y (TTM)8.84%
EPS 3Y-0.77%
EPS 5Y11.25%
EPS Q2Q%9.52%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y3.33%
Revenue growth 5Y10.55%
Sales Q2Q%0.24%

3.2 Future

  • TECH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.61% yearly.
  • 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 Y4.66%
EPS Next 2Y7.87%
EPS Next 3Y10.61%
EPS Next 5Y8.61%
Revenue Next Year0.56%
Revenue Next 2Y3.68%
Revenue Next 3Y5.76%
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.
TECH Yearly Revenue VS EstimatesTECH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B 2B
TECH Yearly EPS VS EstimatesTECH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2 2.5

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 33.24, the valuation of TECH can be described as expensive.
  • TECH's Price/Earnings ratio is a bit cheaper when compared to the industry. TECH is cheaper than 60.34% of the companies in the same industry.
  • TECH is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 29.16, the valuation of TECH can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TECH indicates a somewhat cheap valuation: TECH is cheaper than 65.52% of the companies listed in the same industry.
  • TECH's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 33.24
Fwd PE 29.16
TECH Price Earnings VS Forward Price EarningsTECH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as TECH.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TECH indicates a somewhat cheap valuation: TECH is cheaper than 63.79% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 45.54
EV/EBITDA 27.6
TECH Per share dataTECH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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)7.14
PEG (5Y)2.95
EPS Next 2Y7.87%
EPS Next 3Y10.61%

4

5. Dividend

5.1 Amount

  • TECH has a yearly dividend return of 0.48%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.09, TECH pays a better dividend. On top of this TECH pays more dividend than 89.66% of the companies listed in the same industry.
  • With a Dividend Yield of 0.48, TECH pays less dividend than the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 0.48%

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.
  • The dividend of TECH decreased recently.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years1
TECH Yearly Dividends per shareTECH Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

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 2Y7.87%
EPS Next 3Y10.61%
TECH Yearly Income VS Free CF VS DividendTECH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
TECH Dividend Payout.TECH Dividend Payout, showing the Payout Ratio.TECH Dividend Payout.PayoutRetained Earnings

BIO-TECHNE CORP

NASDAQ:TECH (2/9/2026, 8:00:01 PM)

After market: 65.41 -0.07 (-0.11%)

65.48

-1.3 (-1.95%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)02-04
Earnings (Next)05-05
Inst Owners107.49%
Inst Owner Change-0.07%
Ins Owners0.25%
Ins Owner Change2.18%
Market Cap10.20B
Revenue(TTM)1.22B
Net Income(TTM)76.84M
Analysts81.74
Price Target71.44 (9.1%)
Short Float %6.67%
Short Ratio5.3
Dividend
Industry RankSector Rank
Dividend Yield 0.48%
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)0.26%
PT rev (3m)5.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.17%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.34%
Valuation
Industry RankSector Rank
PE 33.24
Fwd PE 29.16
P/S 8.39
P/FCF 45.54
P/OCF 40.61
P/B 5.19
P/tB 16.02
EV/EBITDA 27.6
EPS(TTM)1.97
EY3.01%
EPS(NY)2.25
Fwd EY3.43%
FCF(TTM)1.44
FCFY2.2%
OCF(TTM)1.61
OCFY2.46%
SpS7.81
BVpS12.62
TBVpS4.09
PEG (NY)7.14
PEG (5Y)2.95
Graham Number23.65
Profitability
Industry RankSector 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 RankSector 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 12.58
F-Score5
WACC11.06%
ROIC/WACC0.84
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)8.84%
EPS 3Y-0.77%
EPS 5Y11.25%
EPS Q2Q%9.52%
EPS Next Y4.66%
EPS Next 2Y7.87%
EPS Next 3Y10.61%
EPS Next 5Y8.61%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y3.33%
Revenue growth 5Y10.55%
Sales Q2Q%0.24%
Revenue Next Year0.56%
Revenue Next 2Y3.68%
Revenue Next 3Y5.76%
Revenue Next 5Y7.1%
EBIT growth 1Y-10.6%
EBIT growth 3Y-3.81%
EBIT growth 5Y11.98%
EBIT Next Year15.61%
EBIT Next 3Y13.34%
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 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.


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%.