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Is Bio-Techne Corporation (TECH) overvalued or undervalued?

Updated Nov 10, 2026 · researched from SEC filings · educational, not advice

Fair value
$25.80
Market price
$72.83
Downside to fair value
64.6%
Verdict
182% above fair value

Test the assumptions — move the discount rate

The DCF value below is a real engine result at each WACC (not a re-estimate). Drag to see how sensitive TECH's DCF is to the discount rate.

Market price: $72.83

At a recent price of $72.83, Bio-Techne Corporation (TECH) trades 182% above TickerWorth's blended fair value of $25.80 per share — a discounted-cash-flow model cross-checked against peer multiples and asset value — meaning the market currently prices TECH overvalued vs our estimate of what the business is intrinsically worth. Our fair value sits below the market, an implied -64.6% move to close the gap if the business performs in line with our assumptions. This is an educational model, not a price target or a recommendation — the value moves with the inputs, which you can test yourself using the WACC slider below.

One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values TECH at about $17.16 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.

The valuation discounts Bio-Techne Corporation's projected free cash flows at a weighted-average cost of capital (WACC) of 10.9%, with a long-run terminal growth rate of 2.5%. About 68% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.

Running the DCF in reverse — solving for the growth the current price already assumes — TECH would need sustained revenue growth of more than 25%/yr to justify today's price, against about 4.3% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.

Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, TECH's modeled DCF value ranges from about $13.66 to $23.60 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.

How to read this page: the DCF fair value is what Bio-Techne Corporation would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of TECH's intrinsic value. Figures update as new filings and prices come in.

The assumptions behind TECH's DCF

InputValueSource
Base-year revenue$1,215,040,000BIO-TECHNE CORP FY2026 10-K (accession 0001104659-26-100322): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2026 full year.
Base EBIT margin20.7%BIO-TECHNE CORP FY2026 10-K (accession 0001104659-26-100322): us-gaap:OperatingIncomeLoss 251,890,000 / revenue 1,215,039,000 = 20.73%, FY2026.
Forecast revenue growth5% → 4% → 4% → 4% → 4%Assumption — TickerWorth's 5-year explicit forecast
Risk-free rate4.9%Live feed — US 10-year Treasury yield (^TNX)
Beta1.29Live feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5)
Terminal growth2.5%Assumption — TickerWorth house default 2.5%, held below WACC
Diluted shares157MBIO-TECHNE CORP FY2026 10-K (accession 0001104659-26-100322): WeightedAverageNumberOfDilutedSharesOutstanding = 157,009,000 shares, FY2026.
Market price$72.83Delayed quote · as of 2026-11-10 05:12 UTC

Researched from filings: the base year — revenue, operating margin and balance-sheet figures — comes straight from this company's latest SEC 10-K (cached, refreshed periodically). Forward growth and terminal value are still algorithmic estimates; drag the WACC slider to test sensitivity.

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Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is an educational DCF tool, not a licensed investment adviser. Figures are estimates derived from public filings and market data and can be wrong.