TE

Bio-Techne CorpNASDAQ TECH Stock Report

Last reporting period 30 Jun, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

12.282

Large

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Bio-Techne Fair Value

TE

The fair market value of TECH stock is 65.77 USD. Relative to the market price of 74.41 USD Bio-Techne is overvalued by 11.6%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 11.6%
65.77 USD
TECH Fair Value
74.41 USD
Market price of TECH

Bio-Techne Valuation

Current TECH share ticker price is 74.41 USD.

The fair value level of 65.77 USD can be considered as an effective entry point for long-term investors to start investing in TECH stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 12% higher its fair value

Min value

Current price is 24% higher its minimum value

Max value

Current price is 65% lower its maximum value

12.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

TECH stock is overvalued

It means the current price may concern as a Risky Entry Point

Bio-Techne Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

88.53

2

Median P/E over 5 years

47.39

3

Minimum P/E over 5 years

40.94

4

Earning per share (last 12 months)

1.39 USD

Maximum value

1

x

4

=

122.87 USD

Fair value

2

x

4

=

65.77 USD

Minimum value

3

x

4

=

56.82 USD

Bio-Techne Corp price metrics

8.4

Annual return (geometric mean)

35.89

Risk (standard deviation) of returns

β

1.28

Beta (volatility compared to market)

It means that TECH stock is more volatile than the broader market

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View Section: Profitability