Bio-Rad Laboratories Inc BIO.B

Morningstar Rating
$334.85 +8.11 (2.48%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BIO.B is trading at a 696% premium.
Price
$334.60
Fair Value
$383.56
Uncertainty
High
1-Star Price
$597.32
5-Star Price
$658.25
Economic Moat
Twqd
Capital Allocation

News

Trading Information

Previous Close Price
$326.74
Day Range
$334.85334.85
52-Week Range
$271.00355.06
Bid/Ask
$0.00 / $374.93
Market Cap
$9.33 Bil
Volume/Avg
5 / 24

Key Statistics

Price/Earnings (Normalized)
30.92
Price/Sales
3.75
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
3.43%

Company Profile

Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and sells products and solutions for the clinical diagnostics and life sciences markets. In clinical diagnostics (56% of sales), Bio-Rad sells test systems and specialized quality controls for clinical laboratories. In life sciences (44% of sales), it develops and manufactures instruments and reagents used in research, biopharmaceutical production, and food testing and has a leadership position in dPCR technology. The company is geographically diverse, with major markets in the Americas (42% of 2023 sales), Europe (31%), Asia (31%), and other (6%). Bio-Rad owns approximately 33% of Sartorius, a lab and bioprocessing supplier that specializes in single-use technology used in biologics manufacturing.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
8,030

Competitors

Valuation

Metric
BIO.B
SRT3
TMO
Price/Earnings (Normalized)
30.92179.8827.41
Price/Book Value
1.396.044.82
Price/Sales
3.752.435.45
Price/Cash Flow
9.7814.4426.84
Price/Earnings
BIO.B
SRT3
TMO

Financial Strength

Metric
BIO.B
SRT3
TMO
Quick Ratio
4.230.961.24
Current Ratio
6.281.911.72
Interest Coverage
−35.802.044.91
Quick Ratio
BIO.B
SRT3
TMO

Profitability

Metric
BIO.B
SRT3
TMO
Return on Assets (Normalized)
2.66%1.17%8.68%
Return on Equity (Normalized)
3.75%4.78%18.42%
Return on Invested Capital (Normalized)
2.93%3.71%10.79%
Return on Assets
BIO.B
SRT3
TMO

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Morningstar Rating for Stocks
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