Bio.Ax
BIO.AX operates in the pharmaceuticals industry, generating revenue primarily through the development and commercialization of healthcare products and services.
Business. BIO.AX operates in the pharmaceuticals industry, generating revenue primarily through the development and commercialization of healthcare products and services.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressSusie Lee — Bio-Rad Laboratories, Inc. Class A2022-11-30 · Democrat · NV · Sale · $1,001 - $15,000
Pre-earnings brief
Bio-Rad Laboratories Inc (BIO.O) has seen significant adjustments in its shareholder registry, with major severity signals detected regarding holder changes as of March 31, 2026. Specifically, investor ID 587 reduced their position from 2,220 shares to 221 shares, while investor ID 931 experienced a dramatic fluctuation, with records showing a shift from 71,965 shares down to 11 shares, and subsequently back up to 71,965 shares. These modifications were detected between July 3 and July 7, 2026, indicating active or corrected reporting within the company's top 36 holders. Concurrently, the company’s risk profile has been updated with new assessments. Dilution risk is now classified as "low," while liquidity risk has been established at a "medium" level. These classifications were determined based on internal specification thresholds, providing a clearer framework for evaluating the financial stability and capital structure risks associated with the stock. On the classification front, Bio-Rad’s activity and economic sector taxonomy fields have been updated from null to "Unclassified." This change, marked with medium severity, reflects a gap in specific sectoral categorization within the current data model, which may impact how the company is grouped for comparative analysis against peers in the healthcare or scientific instruments sectors. Finally, the AI analysis narrative for Bio-Rad has been revised, though the specific content of the new thesis is not detailed in the available facts. This modification, also of medium severity, suggests an update to the qualitative outlook or investment thesis surrounding the company, potentially aligning with the recent changes in holder data and risk assessments. The company currently reports zero analyst coverage and zero index memberships, highlighting a niche or less-followed status in the broader market.
Signals & dispatch
Composite-score breakdown
Synthesis
BIO.AX operates in the pharmaceuticals industry, generating revenue primarily through the development and commercialization of healthcare products and services.
BIO.AX has a market capitalization of AUD 56.54 million and a price-to-earnings ratio of 263.41, indicating a high valuation relative to its earnings. The company's price-to-book ratio is 12.09, suggesting that the market values the company significantly above its book value. The enterprise value to EBITDA ratio is 277.73, which is notably high and may reflect market expectations of future earnings growth or a premium valuation.
In terms of profitability, BIO.AX has a return on equity of 4.59% and a return on assets of 1.79%, both of which are below the industry median for pharmaceutical companies. This suggests that the company is not generating returns as efficiently as its peers. The operating margin is 1.17%, and the net profit margin is also 1.17%, indicating that the company is maintaining a narrow margin on its operations.
The company's revenue is concentrated in a single segment, and there is no disclosed geographic diversification in the financial data provided. This lack of diversification could pose a risk if the company's primary market experiences a downturn. The company's revenue has not been provided for previous periods, so it is not possible to assess the growth trajectory based on historical data.
BIO.AX has a debt-to-equity ratio of 0.66, indicating a moderate level of leverage. The company's current ratio is 1.59, suggesting that it has sufficient current assets to cover its current liabilities. However, the company has a negative operating cash flow of AUD 2.82 million, which could be a concern for its liquidity position. The free cash flow is positive at AUD 256,250, which is a positive sign for the company's ability to generate cash from operations.
The risk assessment indicates a medium liquidity risk and a low dilution risk. The company has a negative net cash position after subtracting total debt, which could affect its ability to meet short-term obligations. The analyst estimates suggest a mean price target of AUD 1.00, with a mean recommendation of 2.00, indicating a neutral stance from analysts. There are no strong-buy recommendations, with only one buy recommendation and no hold recommendations.
Recent events and filings have not been provided in the data, so it is not possible to comment on any recent developments that may have affected the company's performance or outlook.
Bio-Rad Laboratories Inc (BIO.O) has seen significant adjustments in its shareholder registry, with major severity signals detected regarding holder changes as of March 31, 2026. Specifically, investor ID 587 reduced their position from 2,220 shares to 221 shares, while investor ID 931 experienced a dramatic fluctuation, with records showing a shift from 71,965 shares down to 11 shares, and subsequently back up to 71,965 shares. These modifications were detected between July 3 and July 7, 2026, indicating active or corrected reporting within the company's top 36 holders. Concurrently, the company’s risk profile has been updated with new assessments. Dilution risk is now classified as "low," while liquidity risk has been established at a "medium" level. These classifications were determined based on internal specification thresholds, providing a clearer framework for evaluating the financial stability and capital structure risks associated with the stock. On the classification front, Bio-Rad’s activity and economic sector taxonomy fields have been updated from null to "Unclassified." This change, marked with medium severity, reflects a gap in specific sectoral categorization within the current data model, which may impact how the company is grouped for comparative analysis against peers in the healthcare or scientific instruments sectors. Finally, the AI analysis narrative for Bio-Rad has been revised, though the specific content of the new thesis is not detailed in the available facts. This modification, also of medium severity, suggests an update to the qualitative outlook or investment thesis surrounding the company, potentially aligning with the recent changes in holder data and risk assessments. The company currently reports zero analyst coverage and zero index memberships, highlighting a niche or less-followed status in the broader market.
- BIO.AX has a high price-to-earnings ratio, indicating a premium valuation relative to its earnings.
- The company's return on equity and return on assets are below the industry median, suggesting lower efficiency in generating returns.
- The company's revenue is concentrated in a single segment, and there is no disclosed geographic diversification, which could pose a risk.
- The company has a moderate level of leverage and a current ratio that suggests it can cover its current liabilities.
- The company has a negative operating cash flow, which could be a concern for its liquidity position.
- Analysts have a neutral stance on the company, with a mean price target of AUD 1.00 and a mean recommendation of 2.00.
- margin_outlook_rationale: The company's operating and net profit margins are narrow, which may limit its ability to absorb cost increases or price competition.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,01 |
| Revenue | —no estimate | —no estimate | 25,6M AUD |
| Operating income | —no estimate | —no estimate | 3,6M AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- EVP, President, CDG · Restricted Stock Units → Bio-Rad A Common StockDisposed 246exercise · 2026-07-25
- EVP, General Counsel & Sec · Restricted Stock Units → Bio-Rad A Common StockDisposed 186exercise · 2026-04-24
- EVP, Chief Financial Officer · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 078exercise · 2026-04-24
- Director · Restricted Stock Units → Bio-Rad A Common StockAcquired 369grant · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockDisposed 407exercise · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockAcquired 369grant · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockDisposed 407exercise · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockAcquired 369grant · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockDisposed 407exercise · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockAcquired 369grant · 2026-04-21
- Director · Restricted Stock Units → Bio-Rad A Common StockDisposed 407exercise · 2026-04-21
- President & COO · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 869exercise · 2025-10-24
- EVP, Global Supply Chain · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 044exercise · 2025-10-20
- Director, Chairman & CEO, 10% owner · Restricted Stock Units → Bio-Rad A Common StockDisposed 3 455exercise · 2025-09-06
- EVP, Chief Financial Officer · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 535exercise · 2025-09-06
- EVP, President, CDG · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 152exercise · 2025-09-06
- Director · Restricted Stock Units → Bio-Rad A Common StockDisposed 92exercise · 2025-09-06
- EVP, President, LSG · Restricted Stock Units → Bio-Rad A Common StockDisposed 1 056exercise · 2025-09-06
- EVP, General Counsel & Sec · Restricted Stock Units → Bio-Rad A Common StockDisposed 768exercise · 2025-09-06
- EVP, Global Supply Chain · Restricted Stock Units → Bio-Rad A Common StockDisposed 864exercise · 2025-09-06
- EVP, Global Human Resources · Restricted Stock Units → Bio-Rad A Common StockDisposed 576exercise · 2025-09-06
- EVP, President, LSG · Restricted Stock Units → Bio-Rad A Common StockAcquired 4 110grant · 2025-09-05
- EVP, Global Human Resources · Restricted Stock Units → Bio-Rad A Common StockAcquired 2 740grant · 2025-09-05
- EVP, Chief Financial Officer · Restricted Stock Units → Bio-Rad A Common StockAcquired 5 480grant · 2025-09-05
- EVP, Global Supply Chain · Restricted Stock Units → Bio-Rad A Common StockAcquired 4 110grant · 2025-09-05
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- BIO.AX Market data — financials · 2026-05-27
- Biome Australia Ltd Market data — analyst estimates · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,06 %$304M
- Institutional Investor · as of 2026-03-310,04 %$110M
- Investment Managers · as of 2026-03-310,02 %$125M
- Investment Managers · as of 2026-03-310,01 %$26M
- Investment Managers · as of 2026-03-310,01 %$47M
- Investment Managers · as of 2026-03-310,01 %$33M
- Investment Managers · as of 2024-06-300,01 %$423M
- Institutional Investor · as of 2026-03-310,01 %$19M
- Investment Managers · as of 2026-03-310,01 %$55M
- Investment Managers · as of 2026-03-310,01 %$61M
- Investment Managers · as of 2025-12-310,01 %$538M
- Institutional Investor · as of 2026-03-310,01 %$35M
- Investment Managers · as of 2026-03-310,01 %$102M
- Investment Managers · as of 2026-03-310,01 %$11M
- Investment Managers · as of 2026-03-310,01 %$156M
- Investment Managers · as of 2026-03-310,00 %$76M
- Institutional Investor · as of 2022-09-300,00 %$0M
- Investment Managers · as of 2024-12-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$5M
- Brokerage Firms · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$15M
- Funds · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$5M
- Institutional Investor · as of 2026-03-310,00 %$5M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- EVP, President, CDG · Bio-Rad A Common StockOther 89 @ $314,46$28K · 2026-07-25
- EVP, President, CDG · Bio-Rad A Common StockOther 246 · 2026-07-25
- EVP, President, CDG · Bio-Rad A Common StockSold 550 @ $246,54$136K · 2026-05-11
- EVP, Chief Financial Officer · Bio-Rad A Common StockOther 1 078 · 2026-04-24
- EVP, Chief Financial Officer · Bio-Rad A Common StockOther 420 @ $287,84$121K · 2026-04-24
- EVP, General Counsel & Sec · Bio-Rad A Common StockOther 186 · 2026-04-24
- EVP, General Counsel & Sec · Bio-Rad A Common StockOther 77 @ $287,84$22K · 2026-04-24
- Director · Bio-Rad A Common StockOther 407 · 2026-04-21
- Director · Bio-Rad A Common StockOther 407 · 2026-04-21
- Director · Bio-Rad A Common StockOther 407 · 2026-04-21
- Director · Bio-Rad A Common StockOther 407 · 2026-04-21
- EVP, President, LSG · Bio-Rad A Common StockSold 700 @ $306,18$214K · 2025-11-06
- President & COO · Bio-Rad A Common StockOther 1 869 · 2025-10-24
- President & COO · Bio-Rad A Common StockOther 950 @ $339,75$323K · 2025-10-24
- EVP, Global Supply Chain · Bio-Rad A Common StockOther 1 044 · 2025-10-20
- EVP, Global Supply Chain · Bio-Rad A Common StockOther 335 @ $321,90$108K · 2025-10-20
- Director, Chairman & CEO, 10% owner · Bio-Rad A Common StockOther 1 528 @ $295,43$451K · 2025-09-06
- EVP, Global Supply Chain · Bio-Rad A Common StockOther 864 · 2025-09-06
- EVP, Global Supply Chain · Bio-Rad A Common StockOther 277 @ $295,43$82K · 2025-09-06
- EVP, Chief Financial Officer · Bio-Rad A Common StockOther 1 535 · 2025-09-06
- EVP, Chief Financial Officer · Bio-Rad A Common StockOther 550 @ $295,43$162K · 2025-09-06
- EVP, Global Human Resources · Bio-Rad A Common StockOther 576 · 2025-09-06
- EVP, Global Human Resources · Bio-Rad A Common StockOther 209 @ $295,43$62K · 2025-09-06
- EVP, President, LSG · Bio-Rad A Common StockOther 1 056 · 2025-09-06
- EVP, President, LSG · Bio-Rad A Common StockOther 378 @ $295,43$112K · 2025-09-06
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Net income (YoY) (2025-12-31 vs 2024-12-31): 141.2%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 0.7%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 16.9%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -82.5%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -6.9%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 12.9%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 11.7%Derived (calculated)
- Net margin (FY 2025-12-31): 29.4%Derived (calculated)
- Gross margin (FY 2025-12-31): 51.9%Derived (calculated)
- Return on equity (FY 2025-12-31): 10.2%Derived (calculated)
- Return on assets (FY 2025-12-31): 7.2%Derived (calculated)
- Current ratio (FY 2025-12-31): 5.62xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.42xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -4.8%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 8.5%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 4.7%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 142.6%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 142.6%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 13.5%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -2.8%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 0.2%Derived (calculated)
- Operating income (annual): USD 47.2MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 28SEC XBRL filing
- Capex (annual): USD 157.6MSEC XBRL filing