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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt 28.07
TECH's Cash to Debt is ranked higher than
81% of the 394 Companies
in the Global Medical Devices industry.

( Industry Median: 1.73 vs. TECH: 28.07 )
TECH' s 10-Year Cash to Debt Range
Min: 3.03   Max: No Debt
Current: 28.07

Equity to Asset 0.92
TECH's Equity to Asset is ranked higher than
97% of the 376 Companies
in the Global Medical Devices industry.

( Industry Median: 0.63 vs. TECH: 0.92 )
TECH' s 10-Year Equity to Asset Range
Min: 0.78   Max: 0.97
Current: 0.92

0.78
0.97
F-Score: 5
Z-Score: 33.38
M-Score: -2.43
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 44.65
TECH's Operating margin (%) is ranked higher than
99% of the 384 Companies
in the Global Medical Devices industry.

( Industry Median: 6.58 vs. TECH: 44.65 )
TECH' s 10-Year Operating margin (%) Range
Min: 19.71   Max: 58.1
Current: 44.65

19.71
58.1
Net-margin (%) 31.01
TECH's Net-margin (%) is ranked higher than
98% of the 384 Companies
in the Global Medical Devices industry.

( Industry Median: 5.11 vs. TECH: 31.01 )
TECH' s 10-Year Net-margin (%) Range
Min: 14.05   Max: 40.8
Current: 31.01

14.05
40.8
ROE (%) 14.66
TECH's ROE (%) is ranked higher than
89% of the 380 Companies
in the Global Medical Devices industry.

( Industry Median: 5.84 vs. TECH: 14.66 )
TECH' s 10-Year ROE (%) Range
Min: 14.12   Max: 27.17
Current: 14.66

14.12
27.17
ROA (%) 13.69
TECH's ROA (%) is ranked higher than
95% of the 394 Companies
in the Global Medical Devices industry.

( Industry Median: 3.49 vs. TECH: 13.69 )
TECH' s 10-Year ROA (%) Range
Min: 11.96   Max: 23.99
Current: 13.69

11.96
23.99
ROC (Joel Greenblatt) (%) 86.63
TECH's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 393 Companies
in the Global Medical Devices industry.

( Industry Median: 12.42 vs. TECH: 86.63 )
TECH' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 45.33   Max: 112.73
Current: 86.63

45.33
112.73
Revenue Growth (%) 7.40
TECH's Revenue Growth (%) is ranked higher than
79% of the 307 Companies
in the Global Medical Devices industry.

( Industry Median: 5.40 vs. TECH: 7.40 )
TECH' s 10-Year Revenue Growth (%) Range
Min: 5.4   Max: 16.4
Current: 7.4

5.4
16.4
EBITDA Growth (%) 1.60
TECH's EBITDA Growth (%) is ranked higher than
78% of the 281 Companies
in the Global Medical Devices industry.

( Industry Median: -1.20 vs. TECH: 1.60 )
TECH' s 10-Year EBITDA Growth (%) Range
Min: 1.6   Max: 41.3
Current: 1.6

1.6
41.3
EPS Growth (%) -0.20
TECH's EPS Growth (%) is ranked higher than
74% of the 272 Companies
in the Global Medical Devices industry.

( Industry Median: 1.70 vs. TECH: -0.20 )
TECH' s 10-Year EPS Growth (%) Range
Min: -0.2   Max: 36.3
Current: -0.2

-0.2
36.3
» TECH's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

TECH Guru Trades in Q3 2013

Ruane Cunniff 2,540 sh (New)
Paul Tudor Jones 2,600 sh (New)
Chuck Royce 526,871 sh (+14.59%)
Jim Simons 938,100 sh (+4.42%)
Bill Frels 754,481 sh (+2.77%)
Steven Cohen Sold Out
Jeff Ubben Sold Out
Ron Baron 1,053,380 sh (-0.04%)
Columbia Wanger 554,018 sh (-0.66%)
Jeremy Grantham 11,000 sh (-49.54%)
Joel Greenblatt 5,869 sh (-87.53%)
» More
Q4 2013

TECH Guru Trades in Q4 2013

RS Investment Management 354,350 sh (New)
Columbia Wanger 763,700 sh (+37.85%)
Chuck Royce 714,771 sh (+35.66%)
Paul Tudor Jones 3,400 sh (+30.77%)
Bill Frels 929,612 sh (+23.21%)
Ron Baron 1,053,380 sh (unchged)
Ruane Cunniff 2,540 sh (unchged)
Joel Greenblatt Sold Out
Jeremy Grantham 9,800 sh (-10.91%)
Jim Simons 762,000 sh (-18.77%)
» More
Q1 2014

TECH Guru Trades in Q1 2014

Jeremy Grantham 46,243 sh (+371.87%)
Bill Frels 995,851 sh (+7.13%)
Ruane Cunniff 2,540 sh (unchged)
Paul Tudor Jones 3,400 sh (unchged)
Columbia Wanger 763,700 sh (unchged)
Ron Baron 1,053,380 sh (unchged)
RS Investment Management Sold Out
Chuck Royce 652,000 sh (-8.78%)
Jim Simons 577,700 sh (-24.19%)
» More
Q2 2014

TECH Guru Trades in Q2 2014

Paul Tudor Jones 5,500 sh (+61.76%)
Columbia Wanger 1,212,200 sh (+58.73%)
Bill Frels 1,095,391 sh (+10%)
Jeremy Grantham 48,243 sh (+4.32%)
Ron Baron 1,053,380 sh (unchged)
Ruane Cunniff 2,540 sh (unchged)
Chuck Royce 641,750 sh (-1.57%)
Jim Simons 510,100 sh (-11.7%)
» More
» Details

Insider Trades

Latest Guru Trades with TECH

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Sold Out 0.02%$77.53 - $94.3 $ 93.858%0
Joel Greenblatt 2013-09-30 Reduce -87.53%0.12%$69.64 - $81.28 $ 93.8524%5869
Jeff Ubben 2013-09-30 Sold Out 0.04%$69.64 - $81.28 $ 93.8524%0
Ruane Cunniff 2013-09-30 New Buy$69.64 - $81.28 $ 93.8524%2540
Jeff Ubben 2013-06-30 New Buy0.04%$63.42 - $69.44 $ 93.8541%62004
Chris Davis 2013-06-30 Sold Out 0.01%$63.42 - $69.44 $ 93.8541%0
Joel Greenblatt 2013-03-31 Add 134.75%0.09%$66.48 - $71.68 $ 93.8537%45922
Chris Davis 2013-03-31 Add 42.62%$66.48 - $71.68 $ 93.8537%33973
Joel Greenblatt 2012-09-30 New Buy0.12%$67 - $75.98 $ 93.8531%24249
Joel Greenblatt 2012-06-30 Sold Out 0.06%$64.98 - $74.23 $ 93.8538%0
Chuck Akre 2012-03-31 Sold Out 0.53%$66.13 - $71.99 $ 93.8544%0
John Hussman 2012-03-31 Sold Out 0.05%$66.13 - $71.99 $ 93.8544%0
Joel Greenblatt 2012-03-31 Add 47.81%0.02%$66.13 - $71.99 $ 93.8544%8941
John Hussman 2011-12-31 New Buy0.05%$62.37 - $73.55 $ 93.8538%44000
Joel Greenblatt 2011-12-31 New Buy0.05%$62.37 - $73.55 $ 93.8538%6049
Joel Greenblatt 2011-09-30 Sold Out 0.05%$67.45 - $85.13 $ 93.8526%0
Ruane Cunniff 2011-09-30 Sold Out 0.0019%$67.45 - $85.13 $ 93.8526%0
Chris Davis 2011-09-30 Add 38.78%$67.45 - $85.13 $ 93.8526%34844
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 31.00
TECH's P/E(ttm) is ranked higher than
80% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 51.90 vs. TECH: 31.00 )
TECH' s 10-Year P/E(ttm) Range
Min: 16.76   Max: 34.05
Current: 31

16.76
34.05
P/B 4.30
TECH's P/B is ranked higher than
65% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 3.25 vs. TECH: 4.30 )
TECH' s 10-Year P/B Range
Min: 3.27   Max: 8.27
Current: 4.3

3.27
8.27
P/S 9.60
TECH's P/S is ranked higher than
55% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 3.05 vs. TECH: 9.60 )
TECH' s 10-Year P/S Range
Min: 6.73   Max: 12.59
Current: 9.6

6.73
12.59
PFCF 27.90
TECH's PFCF is ranked higher than
86% of the 416 Companies
in the Global Medical Devices industry.

( Industry Median: 623.33 vs. TECH: 27.90 )
TECH' s 10-Year PFCF Range
Min: 17.73   Max: 37.34
Current: 27.9

17.73
37.34
EV-to-EBIT 19.32
TECH's EV-to-EBIT is ranked higher than
83% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 35.69 vs. TECH: 19.32 )
TECH' s 10-Year EV-to-EBIT Range
Min: 10.4   Max: 22.4
Current: 19.32

10.4
22.4
PEG 15.55
TECH's PEG is ranked higher than
88% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 9999.00 vs. TECH: 15.55 )
TECH' s 10-Year PEG Range
Min: 1.01   Max: 12.33
Current: 15.55

1.01
12.33
Shiller P/E 29.30
TECH's Shiller P/E is ranked higher than
88% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 9999.00 vs. TECH: 29.30 )
TECH' s 10-Year Shiller P/E Range
Min: 21.02   Max: 53.28
Current: 29.3

21.02
53.28
Current Ratio 17.79
TECH's Current Ratio is ranked higher than
99% of the 394 Companies
in the Global Medical Devices industry.

( Industry Median: 2.70 vs. TECH: 17.79 )
TECH' s 10-Year Current Ratio Range
Min: 3.77   Max: 17.79
Current: 17.79

3.77
17.79
Quick Ratio 16.31
TECH's Quick Ratio is ranked higher than
99% of the 394 Companies
in the Global Medical Devices industry.

( Industry Median: 2.04 vs. TECH: 16.31 )
TECH' s 10-Year Quick Ratio Range
Min: 3.35   Max: 16.31
Current: 16.31

3.35
16.31

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.40
TECH's Dividend Yield is ranked higher than
54% of the 183 Companies
in the Global Medical Devices industry.

( Industry Median: 1.29 vs. TECH: 1.40 )
TECH' s 10-Year Dividend Yield Range
Min: 0.39   Max: 1.82
Current: 1.4

0.39
1.82
Dividend Payout 0.41
TECH's Dividend Payout is ranked higher than
84% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 9999.00 vs. TECH: 0.41 )
TECH' s 10-Year Dividend Payout Range
Min: 0.27   Max: 0.41
Current: 0.41

0.27
0.41
Dividend growth (3y) 4.80
TECH's Dividend growth (3y) is ranked higher than
75% of the 104 Companies
in the Global Medical Devices industry.

( Industry Median: 10.10 vs. TECH: 4.80 )
TECH' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 14
Current: 4.8

0
14
Yield on cost (5-Year) 1.75
TECH's Yield on cost (5-Year) is ranked higher than
55% of the 186 Companies
in the Global Medical Devices industry.

( Industry Median: 1.58 vs. TECH: 1.75 )
TECH' s 10-Year Yield on cost (5-Year) Range
Min: 0.49   Max: 2.28
Current: 1.75

0.49
2.28
Share Buyback Rate 0.10
TECH's Share Buyback Rate is ranked higher than
87% of the 286 Companies
in the Global Medical Devices industry.

( Industry Median: -0.90 vs. TECH: 0.10 )
TECH' s 10-Year Share Buyback Rate Range
Min: 2   Max: -2.9
Current: 0.1

Valuation & Return

vs
industry
vs
history
Price/Net Cash 11.70
TECH's Price/Net Cash is ranked higher than
91% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 9999.00 vs. TECH: 11.70 )
TECH' s 10-Year Price/Net Cash Range
Min: 8.7   Max: 253.76
Current: 11.7

8.7
253.76
Price/Net Current Asset Value 9.90
TECH's Price/Net Current Asset Value is ranked higher than
85% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 9999.00 vs. TECH: 9.90 )
TECH' s 10-Year Price/Net Current Asset Value Range
Min: 7.52   Max: 72.22
Current: 9.9

7.52
72.22
Price/Tangible Book 6.50
TECH's Price/Tangible Book is ranked higher than
66% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 5.50 vs. TECH: 6.50 )
TECH' s 10-Year Price/Tangible Book Range
Min: 4.15   Max: 25.49
Current: 6.5

4.15
25.49
Price/DCF (Projected) 1.90
TECH's Price/DCF (Projected) is ranked higher than
86% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 28.89 vs. TECH: 1.90 )
TECH' s 10-Year Price/DCF (Projected) Range
Min: 1.27   Max: 12.77
Current: 1.9

1.27
12.77
Price/Median PS Value 1.00
TECH's Price/Median PS Value is ranked higher than
77% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 1.10 vs. TECH: 1.00 )
TECH' s 10-Year Price/Median PS Value Range
Min: 0.26   Max: 2.71
Current: 1

0.26
2.71
Price/Graham Number 3.00
TECH's Price/Graham Number is ranked higher than
79% of the 417 Companies
in the Global Medical Devices industry.

( Industry Median: 6.95 vs. TECH: 3.00 )
TECH' s 10-Year Price/Graham Number Range
Min: 1.93   Max: 10.66
Current: 3

1.93
10.66
Earnings Yield (Greenblatt) 5.20
TECH's Earnings Yield (Greenblatt) is ranked higher than
75% of the 313 Companies
in the Global Medical Devices industry.

( Industry Median: 5.00 vs. TECH: 5.20 )
TECH' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.5   Max: 9.6
Current: 5.2

4.5
9.6
Forward Rate of Return (Yacktman) 5.31
TECH's Forward Rate of Return (Yacktman) is ranked higher than
83% of the 319 Companies
in the Global Medical Devices industry.

( Industry Median: 1.54 vs. TECH: 5.31 )
TECH' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 5.7   Max: 26.1
Current: 5.31

5.7
26.1

Business Description

Industry: Medical Devices » Medical Devices
Compare:MDT, SYK, SMA, ZMH, STJ » details
Traded in other countries:TE1.Germany
Techne Corporation is engaged in the development, manufacture and sale of biotechnology products and clinical diagnostic controls. Its business is segmented into two areas - Biotechnology and Hematology. The Biotechnology segment offers proteins, such as cytokines, and enzyme substrates and inhibitors; antibodies, including polyclonal and monoclonal antibodies; immunoassays comprising quantikine kits for the detection of human and animal proteins, and immunoassays that allow researchers to quantify a specific analyte in a biological fluids sample; clinical diagnostic immunoassay kits consisting of erythropoietin, transferrin receptor, and beta2-microglobulin immunoassays for use as in vitro diagnostic devices; flow cytometry products, such as fluorochrome labeled antibodies and kits; intracellular cell signaling products, including antibodies, phospho-specific antibodies, antibody arrays, active caspases, kinases, phosphatases, and enzyme-linked immunosorbant assays to measure the activity of apoptotic and signaling molecules; and natural and synthetic chemical compounds for use as agonists, antagonists, and inhibitors of various biological functions by investigators. The Hematology segment provides a range of hematology controls and calibrators for impedance and laser type cell counters; and hematology control products for use as proficiency testing tools by laboratory certifying authorities. The Company serves biotechnology research market and the clinical diagnostics market.
» More Articles for TECH

Headlines

Articles On GuruFocus.com
Two Biotech Stocks to Buy, One to Avoid Jan 09 2012 
Discounted cash flow Jul 17 2011 
Chuck Akre MA, AMT, ESGR, ROST, TECH, KMB; Sells WRB, CRI, GLRE, RP, XOM Feb 13 2011 
Techne Corp. Reports Operating Results (10-Q) Feb 09 2011 
Techne Corp. Reports Operating Results (10-Q) Nov 09 2010 
Techne Corp. Reports Operating Results (10-K) Aug 27 2010 
Chuck Royce’s Top Predictable Companies: MEDNAX, Techne Corp., ITT Educational Services, Exactech May 17 2010 
Techne Corp. Reports Operating Results (10-Q) May 07 2010 
Comment for Buffett-Munger Screener - Good Companies at Fair or Undervalued Prices Apr 23 2010 
Techne Corp. Reports Operating Results (10-Q) Feb 08 2010 

More From Other Websites
Bio-Techne To Host Conference Call On October 28, 2014 To Announce First Quarter Financial Results Oct 21 2014
TECHNE CORP /MN/ Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial... Oct 16 2014
Annual Report for Bio-Techne Oct 02 2014
TECHNE CORP /MN/ Financials Sep 06 2014
TECHNE CORP /MN/ Files SEC form 10-K, Annual Report Aug 29 2014
Techne Upped to Buy on Solid Fiscal Q4 & Accretive Buyouts Aug 19 2014
Techne Fiscal Q4 Earnings Beat Estimates; Shares Gain Aug 13 2014
TECHNE CORP /MN/ Files SEC form 8-K, Results of Operations and Financial Condition, Other Events,... Aug 11 2014
Q4 2014 Techne Corp Earnings Release - Before Market Open Aug 11 2014
Bio-Techne Declares Dividend Aug 11 2014
Bio-Techne Releases Fourth Quarter And Full Year 2014 Results Aug 11 2014
Bio-Techne Announces Appointment Of Brenda Furlow As General Counsel Aug 04 2014
Bio-Techne To Host Conference Call On August 11, 2014 To Announce Fourth Quarter Financial Results Aug 04 2014
TECHNE CORP /MN/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of... Aug 01 2014
Bio-Techne Announces ProteinSimple Acquisition Completion Aug 01 2014
Exclusive: Bio-Techne's Frank Mortari Talks 2 New Acquisitions Jul 30 2014
Exclusive: Bio-Techne Executive On M&A Possiblities Jul 16 2014
Techne, Novus Biologicals Unite to Advance Life Science Research Jul 09 2014
TECHNE CORP /MN/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors... Jul 08 2014
Bio-Techne Announces Agreement To Acquire Novus Biologicals Jul 02 2014

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