bioMerieux (BIM) AI Stock Analysis

• Market Cap: €13.03B
• Dividend Yield: 0.82%
• Average Volume (3M): 111.84K
• Price to Earnings (P/E): 34.4
• Beta (1Y): 0.63
• Revenue Growth: 8.28%
• EPS Growth: -8.08%
• Country: FR
• Employees: 14,147
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Diagnostics & Research
• EPS (TTM): 1.35
• Shares Outstanding: 118,361,220
• 10 Day Avg. Volume: 120,113
• 30 Day Avg. Volume: 111,842
• PEG Ratio: 1.34
• Price to Book (P/B): 2.90
• Price to Sales (P/S): 3.06
• P/FCF Ratio: 37.91
• 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: €127.50
• Price Target Upside: 15.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 66 Neutral
• Price Target: €123.00 ▲(11.51% Upside)

bioMerieux's strong financial performance is the most significant factor, supported by consistent revenue growth and solid margins. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation, which weighs down the overall score.

Positive Factors

Negative Factors

bioMerieux Business Overview & Revenue Model

Company Description

bioMerieux (BIM) is a global leader in in vitro diagnostics, specializing in microbiological testing and infectious disease diagnostics. The company operates primarily in the healthcare and industrial sectors, offering a wide range of products including diagnostic instruments, reagents, and software solutions for laboratories. bioMerieux's core focus is on improving patient health and ensuring food safety through innovative diagnostic solutions that facilitate timely and accurate disease detection.

How the Company Makes Money

bioMerieux generates revenue through the sale of its diagnostic products, which include reagents, instruments, and software for laboratory testing. The company has multiple revenue streams, including sales of its diagnostic kits, which are used for a variety of applications such as infectious disease detection, blood culture systems, and food safety testing. Additionally, bioMerieux benefits from recurring revenue through the ongoing sale of consumables and maintenance contracts for its instruments. Significant partnerships with healthcare institutions and laboratories enhance its market reach and contribute to revenue growth. The company also invests in research and development to innovate new products, which plays a crucial role in expanding its offerings and maintaining a competitive edge in the diagnostics market.

bioMerieux Financial Statement Overview

Summary

bioMerieux demonstrates strong financial performance with consistent revenue growth, solid profit margins, and effective cash flow management. The balance sheet shows low leverage and robust equity, indicating financial stability.

Income Statement

bioMerieux has demonstrated strong and consistent revenue growth, with a notable increase of approximately 8.3% from 2023 to 2024. The gross profit margin stands at 55.7%, reflecting effective cost management. The net profit margin is 10.9%, which is solid for the industry. EBIT and EBITDA margins are healthy at 14.8% and 22.5%, respectively, indicating robust operational efficiency.

Balance Sheet

The company exhibits a strong equity base with an equity ratio of 72.9%, indicating financial stability. The debt-to-equity ratio is low at 0.12, suggesting prudent leverage management. The return on equity is 10.3%, which is respectable, though there is room for improvement in generating higher returns on equity.

Cash Flow

bioMerieux's free cash flow has seen significant growth, increasing from €107.1 million in 2023 to €321.5 million in 2024. The operating cash flow to net income ratio is robust at 1.54, showing strong cash conversion from earnings. The free cash flow to net income ratio is 0.74, indicating effective cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.12B	3.98B	3.67B	3.59B	3.38B	3.12B
Gross Profit	2.28B	2.22B	2.06B	1.96B	1.97B	1.74B
EBITDA	958.40M	897.50M	827.60M	811.90M	977.80M	747.70M
Net Income	377.90M	432.20M	357.60M	452.40M	601.10M	404.40M
Balance Sheet
Total Assets	5.37B	5.77B	5.26B	5.19B	4.61B	3.93B
Cash, Cash Equivalents and Short-Term Investments	380.50M	449.80M	352.40M	552.60M	803.50M	389.20M
Total Debt	506.40M	490.70M	518.80M	505.40M	462.50M	481.30M
Total Liabilities	1.43B	1.56B	1.51B	1.54B	1.44B	1.45B
Stockholders Equity	3.93B	4.20B	3.75B	3.60B	3.11B	2.43B
Cash Flow
Free Cash Flow	439.40M	321.50M	107.10M	188.40M	534.60M	305.30M
Operating Cash Flow	787.70M	667.30M	445.40M	475.10M	824.70M	582.80M
Investing Cash Flow	-471.00M	-359.80M	-488.80M	-528.10M	-307.30M	-266.00M
Financing Cash Flow	-173.80M	-212.60M	-122.30M	-244.20M	-140.60M	-175.40M

bioMerieux Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 110.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:BIM, the sentiment is Negative. The current price of 110.3 is below the 20-day moving average (MA) of 112.99, below the 50-day MA of 117.12, and below the 200-day MA of 116.55, indicating a bearish trend. The MACD of -1.79 indicates Positive momentum. The RSI at 39.71 is Neutral, neither overbought nor oversold. The STOCH value of 29.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:BIM.

bioMerieux Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAN	77 Outperform	€105.26B	11.69	8.39%	4.54%	-9.82%	119.10%
ERF	68 Neutral	€11.56B	27.09	11.27%	0.97%	6.25%	18.93%
DIM	67 Neutral	€19.85B	88.10	6.65%	0.34%	7.72%	53.84%
BIM	66 Neutral	€13.03B	34.41	9.69%	0.82%	8.28%	-8.08%
ALERS	55 Neutral	€249.14M	106.14	1.32%	―	12.47%	-65.87%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

bioMerieux Corporate Events

bioMérieux’s VITEK® COMPACT PRO Gains FDA Approval to Combat Antibiotic Resistance

bioMérieux has received 510(k) authorization from the FDA for its VITEK® COMPACT PRO system, designed to enhance the identification of microorganisms and antibiograms in both clinical and industrial settings. This system aims to address the growing challenge of antibiotic resistance by providing rapid, accurate diagnostics, improving laboratory efficiency, and promoting the proper use of antibiotics. The VITEK® COMPACT PRO is set to launch globally in 2025, offering advanced ergonomics and automation to small and medium-sized laboratories, thus strengthening bioMérieux’s position as a leader in microbiology innovation.