NasdaqCM:BLFS

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Executive Summary

BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools for the cell and gene therapy industry in North America, Europe, the Middle East, Africa, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has BioLife Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: BLFS's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

0.2%

BLFS

-1.7%

US Medical Equipment

1.8%

US Market


1 Year Return

98.4%

BLFS

18.1%

US Medical Equipment

20.4%

US Market

Return vs Industry: BLFS exceeded the US Medical Equipment industry which returned 18.4% over the past year.

Return vs Market: BLFS exceeded the US Market which returned 19% over the past year.


Shareholder returns

BLFSIndustryMarket
7 Day0.2%-1.7%1.8%
30 Day11.4%-0.6%6.0%
90 Day56.3%5.4%6.8%
1 Year98.4%98.4%19.1%18.1%23.2%20.4%
3 Year483.4%483.4%68.5%64.2%47.4%37.6%
5 Year1,349.3%1,349.3%135.9%117.8%91.9%70.8%

Long-Term Price Volatility Vs. Market

How volatile is BioLife Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BioLife Solutions undervalued compared to its fair value and its price relative to the market?

13.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLFS ($32.32) is trading below our estimate of fair value ($37.35)

Significantly Below Fair Value: BLFS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BLFS is poor value based on its PE Ratio (107.2x) compared to the US Medical Equipment industry average (48.5x).

PE vs Market: BLFS is poor value based on its PE Ratio (107.2x) compared to the US market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: BLFS is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: BLFS is overvalued based on its PB Ratio (5.6x) compared to the US Medical Equipment industry average (4.5x).


Next Steps

Future Growth

How is BioLife Solutions forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

56.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLFS's forecast earnings growth (56.5% per year) is above the savings rate (2.2%).

Earnings vs Market: BLFS's earnings (56.5% per year) are forecast to grow faster than the US market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BLFS's revenue (31.2% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: BLFS's revenue (31.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLFS's Return on Equity is forecast to be low in 3 years time (4.8%).


Next Steps

Past Performance

How has BioLife Solutions performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLFS has a large one-off gain of $1.1M impacting its September 30 2020 financial results.

Growing Profit Margin: BLFS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BLFS has become profitable over the past 5 years, growing earnings by 6.9% per year.

Accelerating Growth: BLFS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BLFS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (0.6%).


Return on Equity

High ROE: BLFS's Return on Equity (4.2%) is considered low.


Next Steps

Financial Health

How is BioLife Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: BLFS's short term assets ($127.8M) exceed its short term liabilities ($8.4M).

Long Term Liabilities: BLFS's short term assets ($127.8M) exceed its long term liabilities ($674.0K).


Debt to Equity History and Analysis

Debt Level: BLFS is debt free.

Reducing Debt: BLFS had no debt 5 years ago.

Debt Coverage: BLFS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BLFS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is BioLife Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BLFS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLFS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLFS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Mike Rice (57 yo)

14.25yrs

Tenure

US$2,241,770

Compensation

Mr. Michael P. Rice, also known as Mike, has been Chief Executive Officer and President of BioLife Solutions, Inc. since August 2006. Mr. Rice has more than 30 years of leadership and entrepreneurial exper...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD2.24M) is about average for companies of similar size in the US market ($USD2.59M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Rice
President14.25yrsUS$2.24m0.62%
$ 6.6m
Roderick de Greef
CFO, COO & Secretary4.67yrsUS$1.16m0.48%
$ 5.1m
Aby Mathew
Chairman of Scientific Advisory Boardno dataUS$1.21m0.55%
$ 5.8m
Todd Berard
Chief Marketing Officer5.75yrsno data0.20%
$ 2.1m
Marcus Schulz
Vice President of Global Sales0.33yrno data0.12%
$ 1.3m
Karen Foster
Chief Quality Officer0.92yrno data0.16%
$ 1.6m

2.8yrs

Average Tenure

54yo

Average Age

Experienced Management: BLFS's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Rice
President14.25yrsUS$2.24m0.62%
$ 6.6m
Aby Mathew
Chairman of Scientific Advisory Boardno dataUS$1.21m0.55%
$ 5.8m
Raymond Cohen
Independent Non-Executive Chairman7yrsUS$150.00k0.070%
$ 735.8k
Thomas Girschweiler
Director5.5yrsUS$50.00k5.03%
$ 53.3m
Shelly Heimfeld
Member of Scientific Advisory Board14.08yrsno datano data
Scott Burger
Member of Scientific Advisory Board13.17yrsno datano data
Dayong Gao
Member of Scientific Advisory Board14.08yrsno datano data
Joseph Schick
Independent Director7yrsUS$60.00k0.032%
$ 343.4k
Andrew Hinson
Independent Director & Member of the Scientific Advisory Boardno dataUS$55.00k0.059%
$ 629.0k
Erik Woods
Member of Scientific Advisory Board13.17yrsno datano data
Lizabeth Cardwell
Member of the Scientific Advisory Boardno datano datano data
Colleen Delaney
Member of Scientific Advisory Board12yrsno datano data

13.2yrs

Average Tenure

58yo

Average Age

Experienced Board: BLFS's board of directors are seasoned and experienced ( 13.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BLFS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.1%.


Top Shareholders

Company Information

BioLife Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BioLife Solutions, Inc.
  • Ticker: BLFS
  • Exchange: NasdaqCM
  • Founded: 1987
  • Industry: Health Care Supplies
  • Sector: Healthcare
  • Market Cap: US$1.058b
  • Shares outstanding: 32.74m
  • Website: https://www.biolifesolutions.com

Number of Employees


Location

  • BioLife Solutions, Inc.
  • 3303 Monte Villa Parkway
  • Suite 310
  • Bothell
  • Washington
  • 98021
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLFSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 1989
BJX1DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1989

Biography

BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools for the cell and gene therapy industry in North America, Europe, the Middle East, Africa, and internationally. The company’s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 00:16
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.