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Bio-Techne Corporation — Intrinsic Value & Fair Price

TECH
NASDAQHealthcareBiotechnologyCIK 0000842023bio-techne.comAbout TECH
Last close · Oct 16, 202672.57+0.05 (+0.07%)
Market cap$11.4B
Model value · DCF · Perpetuity growth · 5y
29.05
Bio-Techne closed at $72.57 — overvalued by 150% vs model.
21.05the model's range49.14

DCF · Perpetuity growth · 5y leads for mature & stable — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
5.02 – 99.49
Wall St. target
73.00 1% below
Above model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Irregular · as of Oct 16, 2026
Yield, trailing 12 months
0.44%
Past 2 years
low 0.40%high 0.74%
Dividends per share, a year at a time
$0.32Aug ’21$0.32Aug ’22$0.32Aug ’23$0.32Aug ’24$0.32Aug ’25$0.32TTM
Dividends / free cash flow, FY2026
19.0%
Raised
—
Growth, 5 yrs
0.0% a year
Last change
—
Every payment, with ex-dates · latest $0.08, paid Sep 4, 2026

Research on TECH

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How it is valued

Valued asMature & Stable
Low/slowing growth (~2% recent)Moderate margins (15% net margin)Highly cyclical earnings
What growth the price implies: the reverse DCF

Key figures

FY2026
P/E
62.6×
EV / EBITDA
32.9×
FCF yield
2.3%
Dividend yield, TTM
0.44%
Beta
1.29
Cost of capital (WACC)
9.94%
Full financials

Analyst actions

third-party, quoted
08-13Wells Fargo · “Equal Weight” from “Overweight”downgrade
08-13Wells Fargo · target73.00
07-09RBC Capital · “Sector Perform” from “Outperform”downgrade
06-30TD Cowen · “Hold” from “Buy”downgrade
Ratings, targets and estimates

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just TECH. No account.

About Bio-Techne

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research, diagnostics, and bioprocessing markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Spatial Biology. 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. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was incorporated in 1976 and is headquartered in Minneapolis, Minnesota.

CEO
Kim Kelderman
Headquarters
Minneapolis, MN
Employees
3,000
IPO
1989-02-09
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.