Tecan Group Ltd. provides laboratory instruments and solutions for pharmaceutical and biotechnology companies, university research departments, and forensic and diagnostic laboratories. More Details
Is Tecan Group undervalued compared to its fair value and its price relative to the market?
51.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TECN (CHF448.6) is trading above our estimate of fair value (CHF335.03)
Significantly Below Fair Value: TECN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TECN is good value based on its PE Ratio (51.6x) compared to the XE Life Sciences industry average (52.4x).
PE vs Market: TECN is poor value based on its PE Ratio (51.6x) compared to the Swiss market (24.8x).
Price to Earnings Growth Ratio
PEG Ratio: TECN is poor value based on its PEG Ratio (5.4x)
Price to Book Ratio
PB vs Industry: TECN is overvalued based on its PB Ratio (7.3x) compared to the XE Life Sciences industry average (6x).
Future Growth
How is Tecan Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
9.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TECN's forecast earnings growth (9.6% per year) is above the savings rate (-0.3%).
Earnings vs Market: TECN's earnings (9.6% per year) are forecast to grow slower than the Swiss market (13.6% per year).
High Growth Earnings: TECN's earnings are forecast to grow, but not significantly.
Revenue vs Market: TECN's revenue (6.4% per year) is forecast to grow faster than the Swiss market (4.6% per year).
High Growth Revenue: TECN's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TECN's Return on Equity is forecast to be low in 3 years time (13.2%).
Past Performance
How has Tecan Group performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TECN has high quality earnings.
Growing Profit Margin: TECN's current net profit margins (14.2%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: TECN's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: TECN's earnings growth over the past year (41.6%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: TECN earnings growth over the past year (41.6%) underperformed the Life Sciences industry 48.2%.
Return on Equity
High ROE: TECN's Return on Equity (14.1%) is considered low.
Financial Health
How is Tecan Group's financial position?
Financial Position Analysis
Short Term Liabilities: TECN's short term assets (CHF778.0M) exceed its short term liabilities (CHF225.0M).
Long Term Liabilities: TECN's short term assets (CHF778.0M) exceed its long term liabilities (CHF150.0M).
Debt to Equity History and Analysis
Debt Level: TECN's debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: TECN's debt to equity ratio has reduced from 2.2% to 0.1% over the past 5 years.
Debt Coverage: TECN's debt is well covered by operating cash flow (28383.5%).
Interest Coverage: TECN's interest payments on its debt are well covered by EBIT (131.1x coverage).
Balance Sheet
Dividend
What is Tecan Group current dividend yield, its reliability and sustainability?
0.51%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TECN's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.5%).
High Dividend: TECN's dividend (0.51%) is low compared to the top 25% of dividend payers in the Swiss market (3.5%).
Stability and Growth of Payments
Stable Dividend: TECN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.
Growing Dividend: TECN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TECN is not paying a notable dividend for the Swiss market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TECN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Achim von Leoprechting (52 yo)
2yrs
Tenure
CHF3,069,000
Compensation
Dr. Achim Von Leoprechting, Ph.D., has been Chief Executive Officer of Tecan Group Ltd., since April 1, 2019. He has been Head of the Partnering Business division at Tecan Group Ltd. since October 1, 2013 ...
CEO Compensation Analysis
Compensation vs Market: Achim's total compensation ($USD3.31M) is above average for companies of similar size in the Swiss market ($USD2.08M).
Compensation vs Earnings: Achim's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TECN's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: TECN's board of directors are considered experienced (8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tecan Group Ltd.'s company bio, employee growth, exchange listings and data sources
Tecan Group Ltd. provides laboratory instruments and solutions for pharmaceutical and biotechnology companies, university research departments, and forensic and diagnostic laboratories. It operates through...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/04/12 17:02
End of Day Share Price
2021/04/12 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.