Biotest (BIO3) AI Stock Analysis

• Market Cap: €1.40B
• Dividend Yield: 0.14%
• Average Volume (3M): 1.15K
• Price to Earnings (P/E): 45.0
• Beta (1Y): -0.03
• Revenue Growth: -18.82%
• EPS Growth: -113.85%
• Country: DE
• Employees: 2,495
• Sector: Healthcare
• Sector Strength: 40
• Industry: Biotechnology
• EPS (TTM): N/A
• Shares Outstanding: 19,785,727
• 10 Day Avg. Volume: 233
• 30 Day Avg. Volume: 1,148
• PEG Ratio: -0.73
• Price to Book (P/B): 2.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 44.61
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €31.00
• Price Target Upside: 4.73% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: €30.00 ▲(1.35%Upside)

The overall stock score reflects stable financial performance with some risks due to declining profitability and high leverage. Technical indicators suggest neutral momentum, while valuation metrics indicate potential overvaluation. The absence of earnings call and corporate events data limits further insights.

Biotest Business Overview & Revenue Model

Company Description

Biotest AG, listed under the ticker BIO3, is a leading global company specializing in the development, manufacturing, and marketing of plasma protein products and biotherapeutic drugs. Operating primarily in the healthcare and pharmaceuticals sector, Biotest focuses on providing innovative solutions for diseases in immunology, hematology, and intensive care medicine. The company's core products include immunoglobulins, coagulation factors, and albumins derived from human blood plasma, which are crucial for treating patients with immune deficiencies, coagulation disorders, and other serious health conditions.

How the Company Makes Money

Biotest AG generates revenue through the production and sale of plasma-derived products and biotherapeutic drugs. The company's key revenue streams include the sale of its core products—immunoglobulins, coagulation factors, and albumins—to hospitals, healthcare providers, and pharmaceutical distributors worldwide. Biotest also engages in strategic partnerships and collaborations with other pharmaceutical companies to enhance its product development and reach. Additionally, Biotest invests in research and development to innovate and expand its product offerings, thereby driving further sales growth. The company benefits from its global distribution network and regulatory approvals, which enable it to penetrate various international markets.

Biotest Financial Statement Overview

Summary

Biotest has shown revenue growth and improved operational efficiency. However, a decline in net profit margin and increased leverage are concerning. While cash flows have improved, cash conversion efficiency remains a challenge. The overall financial health is stable but with risks.

Income Statement

Biotest has shown a positive revenue growth from 2019 to 2024 with a compound annual growth rate. The gross profit margin improved significantly from the previous years but remains moderate. However, the net profit margin has fallen drastically in 2024 compared to 2023, indicating decreased profitability. The EBIT and EBITDA margins have shown improvement over the years, indicating better operational efficiency.

Balance Sheet

The debt-to-equity ratio has increased, indicating higher leverage, which could pose financial risk. The return on equity (ROE) declined in 2024 due to lower net income. The equity ratio has improved modestly, reflecting a stable capital structure.

Cash Flow

Free cash flow turned positive in 2024, showing improvement in cash management. However, the operating cash flow to net income ratio is low, indicating potential issues with cash conversion. The free cash flow to net income ratio has improved but still reflects challenges in converting income into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	726.20M	684.60M	516.10M	515.60M	484.20M
Gross Profit	223.80M	280.30M	124.90M	80.70M	130.10M
EBITDA	120.40M	179.00M	28.30M	-17.70M	16.00M
Net Income	26.40M	127.00M	-31.60M	-63.30M	-31.40M
Balance Sheet
Total Assets	1.43B	1.41B	1.20B	1.10B	1.13B
Cash, Cash Equivalents and Short-Term Investments	119.50M	118.50M	136.60M	117.50M	89.20M
Total Debt	597.20M	689.80M	574.30M	496.30M	469.10M
Total Liabilities	903.30M	912.00M	831.90M	723.80M	689.70M
Stockholders Equity	530.70M	498.90M	371.10M	380.40M	441.60M
Cash Flow
Free Cash Flow	32.20M	-36.10M	-69.80M	15.70M	-43.70M
Operating Cash Flow	60.90M	-2.70M	-40.50M	33.90M	-16.70M
Investing Cash Flow	-25.70M	1.30M	-37.00M	-23.40M	-14.60M
Financing Cash Flow	-35.40M	-6.80M	89.60M	22.60M	42.00M

Biotest Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BIO3, the sentiment is Positive. The current price of 29.6 is below the 20-day moving average (MA) of 29.62, below the 50-day MA of 29.71, and above the 200-day MA of 28.50, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 50.43 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:BIO3.

Biotest Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ILM1	78 Outperform	$316.78M	20.78	2.99%	―	5.62%	-21.87%
EUZ	78 Outperform	€1.40B	40.69	17.48%	0.64%	15.89%	14.62%
DMP	68 Neutral	€1.86B	17.96	16.97%	2.60%	6.24%	83.05%
Sector *	65 Neutral	€6.37B	19.82	-1.30%	2.25%	-0.16%	-45.39%
FYB	57 Neutral	€522.87M	5.89	-26.06%	―	-10.32%	-250.76%
BIO3	54 Neutral	€1.40B	44.96	-4.72%	0.14%	-18.82%	-113.85%
EVT	49 Neutral	€1.30B	―	-20.51%	―	1.50%	-127.76%