Tecan Group Valuation
Is TECNZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Future Cash Flow Value
What is the Fair Price of TECNZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
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Below Future Cash Flow Value: TECNZ (CHF162.6) is trading below our estimate of future cash flow value (CHF188.4)
Significantly Below Future Cash Flow Value: TECNZ is trading below future cash flow value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TECNZ?
Key metric: As TECNZ is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is TECNZ's PS Ratio? | |
|---|---|
| PS Ratio | 2.3x |
| Sales | CHF 882.48m |
| Market Cap | CHF 2.04b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.2x |
| Enterprise Value/EBITDA | 24.1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TECNZ's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3x | ||
ONT Oxford Nanopore Technologies | 5.4x | 18.16% | UK£1.2b |
DXRX Diaceutics | 3.2x | 18.21% | UK£122.8m |
HVO hVIVO | 1x | 7.10% | UK£47.4m |
IXI IXICO | 2.5x | 15.14% | UK£18.4m |
TECNZ Tecan Group | 2.3x | 4.62% | CHF 2.0b |
Price-To-Sales vs Peers: TECNZ is good value based on its Price-To-Sales Ratio (2.3x) compared to the peer average (3x).
Historical Price to Sales Ratio
Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Sales Ratio vs Industry
How does TECNZ's PS Ratio compare vs other companies in the European Life Sciences Industry?
| 5 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 5 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: TECNZ is good value based on its Price-To-Sales Ratio (2.3x) compared to the European Life Sciences industry average (3.3x).
Price to Sales Ratio vs Fair Ratio
What is TECNZ's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 2.3x |
| Fair PS Ratio | 3.3x |
Price-To-Sales vs Fair Ratio: TECNZ is good value based on its Price-To-Sales Ratio (2.3x) compared to the estimated Fair Price-To-Sales Ratio (3.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CHF 162.60 | CHF 166.23 +2.23% | 12.01% | CHF 205.00 | CHF 138.00 | n/a | 8 |
| Jun ’27 | CHF 156.00 | CHF 165.48 +6.07% | 12.66% | CHF 205.00 | CHF 136.00 | n/a | 8 |
| May ’27 | CHF 117.90 | CHF 165.73 +40.56% | 12.62% | CHF 205.00 | CHF 136.00 | n/a | 8 |
| Apr ’27 | CHF 136.20 | CHF 167.10 +22.69% | 11.53% | CHF 205.00 | CHF 137.00 | n/a | 8 |
| Mar ’27 | CHF 136.00 | CHF 173.38 +27.48% | 12.24% | CHF 205.00 | CHF 137.00 | n/a | 8 |
| Feb ’27 | CHF 136.80 | CHF 197.33 +44.25% | 34.81% | CHF 384.00 | CHF 142.00 | n/a | 9 |
| Jan ’27 | CHF 128.90 | CHF 192.57 +49.39% | 37.25% | CHF 384.00 | CHF 124.10 | n/a | 9 |
| Dec ’26 | CHF 138.90 | CHF 202.48 +45.77% | 34.77% | CHF 384.00 | CHF 158.00 | n/a | 8 |
| Nov ’26 | CHF 146.20 | CHF 205.98 +40.89% | 33.32% | CHF 384.00 | CHF 160.00 | n/a | 8 |
| Oct ’26 | CHF 149.80 | CHF 220.64 +47.29% | 29.58% | CHF 384.00 | CHF 166.80 | n/a | 9 |
| Sep ’26 | CHF 164.50 | CHF 220.47 +34.02% | 29.67% | CHF 384.00 | CHF 165.20 | n/a | 9 |
| Aug ’26 | CHF 161.80 | CHF 225.02 +39.07% | 28.05% | CHF 384.00 | CHF 165.20 | n/a | 9 |
| Jul ’26 | CHF 161.40 | CHF 227.13 +40.73% | 27.44% | CHF 384.00 | CHF 165.20 | n/a | 9 |
| Jun ’26 | CHF 164.60 | CHF 239.29 +45.37% | 26.74% | CHF 384.00 | CHF 188.00 | CHF 156.00 | 7 |
| May ’26 | CHF 159.00 | CHF 250.29 +57.41% | 23.31% | CHF 384.00 | CHF 192.00 | CHF 117.90 | 7 |
| Apr ’26 | CHF 163.70 | CHF 250.29 +52.89% | 23.31% | CHF 384.00 | CHF 192.00 | CHF 136.20 | 7 |
| Mar ’26 | CHF 195.10 | CHF 271.67 +39.24% | 20.13% | CHF 384.00 | CHF 225.00 | CHF 136.00 | 6 |
| Feb ’26 | CHF 236.00 | CHF 283.83 +20.27% | 17.95% | CHF 384.00 | CHF 230.00 | CHF 136.80 | 6 |
| Jan ’26 | CHF 201.40 | CHF 284.86 +41.44% | 15.61% | CHF 384.00 | CHF 241.00 | CHF 128.90 | 7 |
| Dec ’25 | CHF 210.00 | CHF 286.14 +36.26% | 15.64% | CHF 384.00 | CHF 241.00 | CHF 138.90 | 7 |
| Nov ’25 | CHF 220.80 | CHF 295.29 +33.73% | 15.52% | CHF 384.00 | CHF 241.00 | CHF 146.20 | 7 |
| Oct ’25 | CHF 275.60 | CHF 348.75 +26.54% | 10.99% | CHF 415.00 | CHF 300.00 | CHF 149.80 | 8 |
| Sep ’25 | CHF 285.20 | CHF 351.71 +23.32% | 11.41% | CHF 415.00 | CHF 300.00 | CHF 164.50 | 7 |
| Aug ’25 | CHF 326.80 | CHF 385.71 +18.03% | 8.23% | CHF 415.00 | CHF 330.00 | CHF 161.80 | 7 |
| Jul ’25 | CHF 300.40 | CHF 396.57 +32.01% | 5.78% | CHF 418.00 | CHF 347.00 | CHF 161.40 | 7 |
| Jun ’25 | CHF 320.90 | CHF 397.71 +23.94% | 5.99% | CHF 420.00 | CHF 347.00 | CHF 164.60 | 7 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 17:56 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tecan Group AG is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harry Gillis | Berenberg |
| Delphine Le Louet | Bernstein |
| Susannah Ludwig | Bernstein |