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5 / 10Stock Comparison
TECH vs RGEN vs AZTA vs RVTY vs WAT
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Instruments & Supplies
Medical - Diagnostics & Research
Medical - Diagnostics & Research
TECH vs RGEN vs AZTA vs RVTY vs WAT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Medical - Instruments & Supplies | Medical - Instruments & Supplies | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $7.97B | $7.13B | $855M | $11.05B | $22.83B |
| Revenue (TTM) | $1.21B | $763M | $597M | $2.90B | $3.77B |
| Net Income (TTM) | $110M | $51M | $-178M | $241M | $449M |
| Gross Margin | 65.0% | 51.5% | 44.6% | 51.4% | 55.0% |
| Operating Margin | 12.7% | 8.7% | -26.4% | 12.4% | 17.1% |
| Forward P/E | 25.7x | 64.3x | 23.7x | 18.3x | 24.4x |
| Total Debt | $444M | $690M | $111M | $3.52B | $1.41B |
| Cash & Equiv. | $162M | $566M | $280M | $920M | $588M |
TECH vs RGEN vs AZTA vs RVTY vs WAT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Bio-Techne Corporat… (TECH) | 100 | 76.9 | -23.1% |
| Repligen Corporation (RGEN) | 100 | 96.5 | -3.5% |
| Azenta, Inc. (AZTA) | 100 | 46.5 | -53.5% |
| Revvity, Inc. (RVTY) | 100 | 98.4 | -1.6% |
| Waters Corporation (WAT) | 100 | 175.3 | +75.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TECH vs RGEN vs AZTA vs RVTY vs WAT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TECH ranks third and is worth considering specifically for income & stability and sleep-well-at-night.
- Dividend streak 3 yrs, beta 1.41, yield 0.6%
- Lower volatility, beta 1.41, Low D/E 23.1%, current ratio 3.46x
- Beta 1.41, yield 0.6%, current ratio 3.46x
- 0.6% yield, 3-year raise streak, vs RVTY's 0.3%, (3 stocks pay no dividend)
RGEN is the clearest fit if your priority is growth exposure.
- Rev growth 16.4%, EPS growth 287.0%, 3Y rev CAGR -2.7%
- 16.4% revenue growth vs AZTA's 3.6%
Among these 5 stocks, AZTA doesn't own a clear edge in any measured category.
RVTY is the #2 pick in this set and the best alternative if value and momentum is your priority.
- Lower P/E (18.3x vs 24.4x)
- +8.2% vs AZTA's -26.5%
WAT carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 162.0% 10Y total return vs RGEN's 369.1%
- 11.9% margin vs AZTA's -29.9%
- Beta 1.07 vs AZTA's 2.17
- 4.6% ROA vs AZTA's -8.8%, ROIC 20.3% vs -0.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.4% revenue growth vs AZTA's 3.6% | |
| Value | Lower P/E (18.3x vs 24.4x) | |
| Quality / Margins | 11.9% margin vs AZTA's -29.9% | |
| Stability / Safety | Beta 1.07 vs AZTA's 2.17 | |
| Dividends | 0.6% yield, 3-year raise streak, vs RVTY's 0.3%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +8.2% vs AZTA's -26.5% | |
| Efficiency (ROA) | 4.6% ROA vs AZTA's -8.8%, ROIC 20.3% vs -0.5% |
TECH vs RGEN vs AZTA vs RVTY vs WAT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TECH vs RGEN vs AZTA vs RVTY vs WAT — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
WAT leads in 3 of 6 categories
AZTA leads 1 • TECH leads 0 • RGEN leads 0 • RVTY leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — TECH and WAT each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WAT is the larger business by revenue, generating $3.8B annually — 6.3x AZTA's $597M. WAT is the more profitable business, keeping 11.9% of every revenue dollar as net income compared to AZTA's -29.9%. On growth, WAT holds the edge at +91.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.2B | $763M | $597M | $2.9B | $3.8B |
| EBITDAEarnings before interest/tax | $181M | $155M | -$115M | $773M | $953M |
| Net IncomeAfter-tax profit | $110M | $51M | -$178M | $241M | $449M |
| Free Cash FlowCash after capex | $270M | $104M | $29M | $505M | $264M |
| Gross MarginGross profit ÷ Revenue | +65.0% | +51.5% | +44.6% | +51.4% | +55.0% |
| Operating MarginEBIT ÷ Revenue | +12.7% | +8.7% | -26.4% | +12.4% | +17.1% |
| Net MarginNet income ÷ Revenue | +9.0% | +6.7% | -29.9% | +8.3% | +11.9% |
| FCF MarginFCF ÷ Revenue | +22.3% | +13.7% | +4.8% | +17.4% | +7.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -1.5% | +14.8% | +1.0% | +7.0% | +91.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +128.6% | +50.0% | -3.0% | +4.5% | -142.9% |
Valuation Metrics
AZTA leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 32.6x trailing earnings, WAT trades at a 78% valuation discount to RGEN's 147.0x P/E. On an enterprise value basis, AZTA's 13.8x EV/EBITDA is more attractive than RGEN's 52.4x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $8.0B | $7.1B | $855M | $11.1B | $22.8B |
| Enterprise ValueMkt cap + debt − cash | $8.2B | $7.3B | $687M | $13.6B | $23.7B |
| Trailing P/EPrice ÷ TTM EPS | 110.67x | 147.01x | -15.22x | 47.52x | 32.55x |
| Forward P/EPrice ÷ next-FY EPS est. | 25.70x | 64.26x | 23.68x | 18.33x | 24.36x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | 6.29x |
| EV / EBITDAEnterprise value multiple | 38.87x | 52.45x | 13.75x | 20.71x | 21.51x |
| Price / SalesMarket cap ÷ Revenue | 6.53x | 9.66x | 1.44x | 3.87x | 7.21x |
| Price / BookPrice ÷ Book value/share | 4.24x | 3.40x | 0.49x | 1.54x | 8.17x |
| Price / FCFMarket cap ÷ FCF | 31.05x | 75.94x | 22.32x | 21.74x | 42.30x |
Profitability & Efficiency
WAT leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
WAT delivers a 8.0% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $-11 for AZTA. AZTA carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to WAT's 0.55x. On the Piotroski fundamental quality scale (0–9), RGEN scores 7/9 vs WAT's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +5.5% | +2.5% | -10.7% | +3.3% | +8.0% |
| ROA (TTM)Return on assets | +4.3% | +1.8% | -8.8% | +2.0% | +4.6% |
| ROICReturn on invested capital | +3.4% | +2.2% | -0.5% | +2.7% | +20.3% |
| ROCEReturn on capital employed | +4.2% | +2.2% | -0.6% | +3.2% | +18.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 | 6 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.23x | 0.33x | 0.06x | 0.48x | 0.55x |
| Net DebtTotal debt minus cash | $282M | $124M | -$169M | $2.6B | $820M |
| Cash & Equiv.Liquid assets | $162M | $566M | $280M | $920M | $588M |
| Total DebtShort + long-term debt | $444M | $690M | $111M | $3.5B | $1.4B |
| Interest CoverageEBIT ÷ Interest expense | 38.20x | 2.64x | — | 3.84x | 6.72x |
Total Returns (Dividends Reinvested)
WAT leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WAT five years ago would be worth $11,133 today (with dividends reinvested), compared to $1,903 for AZTA. Over the past 12 months, RVTY leads with a +8.2% total return vs AZTA's -26.5%. The 3-year compound annual growth rate (CAGR) favors WAT at 5.7% vs AZTA's -25.8% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -14.5% | -23.1% | -44.4% | +0.9% | -8.3% |
| 1-Year ReturnPast 12 months | +5.1% | -0.4% | -26.5% | +8.2% | +1.4% |
| 3-Year ReturnCumulative with dividends | -37.0% | -19.3% | -59.1% | -22.1% | +18.1% |
| 5-Year ReturnCumulative with dividends | -50.3% | -32.7% | -81.0% | -28.9% | +11.3% |
| 10-Year ReturnCumulative with dividends | +112.5% | +369.1% | +123.4% | +88.4% | +162.0% |
| CAGR (3Y)Annualised 3-year return | -14.3% | -6.9% | -25.8% | -8.0% | +5.7% |
Risk & Volatility
WAT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WAT is the less volatile stock with a 1.07 beta — it tends to amplify market swings less than AZTA's 2.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WAT currently trades 84.6% from its 52-week high vs AZTA's 44.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.41x | 1.76x | 2.17x | 1.57x | 1.07x |
| 52-Week HighHighest price in past year | $72.16 | $175.77 | $41.73 | $118.30 | $414.15 |
| 52-Week LowLowest price in past year | $45.12 | $109.52 | $17.11 | $81.22 | $275.05 |
| % of 52W HighCurrent price vs 52-week peak | +70.6% | +71.9% | +44.5% | +83.6% | +84.6% |
| RSI (14)Momentum oscillator 0–100 | 35.5 | 55.1 | 31.1 | 65.3 | 64.9 |
| Avg Volume (50D)Average daily shares traded | 2.4M | 905K | 1.0M | 1.1M | 999K |
Analyst Outlook
Evenly matched — TECH and RVTY each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TECH as "Buy", RGEN as "Buy", AZTA as "Buy", RVTY as "Buy", WAT as "Hold". Consensus price targets imply 140.5% upside for AZTA (target: $45) vs 13.2% for RVTY (target: $112). For income investors, TECH offers the higher dividend yield at 0.62% vs RVTY's 0.29%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | $69.33 | $168.00 | $44.67 | $111.86 | $402.57 |
| # AnalystsCovering analysts | 25 | 23 | 12 | 29 | 34 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | — | — | +0.3% | — |
| Dividend StreakConsecutive years of raises | 3 | — | 0 | 4 | 1 |
| Dividend / ShareAnnual DPS | $0.32 | — | — | $0.29 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +3.5% | 0.0% | 0.0% | +7.4% | +0.1% |
WAT leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). AZTA leads in 1 (Valuation Metrics). 2 tied.
TECH vs RGEN vs AZTA vs RVTY vs WAT: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TECH or RGEN or AZTA or RVTY or WAT a better buy right now?
For growth investors, Repligen Corporation (RGEN) is the stronger pick with 16.
4% revenue growth year-over-year, versus 3. 6% for Azenta, Inc. (AZTA). Waters Corporation (WAT) offers the better valuation at 32. 6x trailing P/E (24. 4x forward), making it the more compelling value choice. Analysts rate Bio-Techne Corporation (TECH) a "Buy" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TECH or RGEN or AZTA or RVTY or WAT?
On trailing P/E, Waters Corporation (WAT) is the cheapest at 32.
6x versus Repligen Corporation at 147. 0x. On forward P/E, Revvity, Inc. is actually cheaper at 18. 3x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — TECH or RGEN or AZTA or RVTY or WAT?
Over the past 5 years, Waters Corporation (WAT) delivered a total return of +11.
3%, compared to -81. 0% for Azenta, Inc. (AZTA). Over 10 years, the gap is even starker: RGEN returned +369. 1% versus RVTY's +88. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TECH or RGEN or AZTA or RVTY or WAT?
By beta (market sensitivity over 5 years), Waters Corporation (WAT) is the lower-risk stock at 1.
07β versus Azenta, Inc. 's 2. 17β — meaning AZTA is approximately 103% more volatile than WAT relative to the S&P 500. On balance sheet safety, Azenta, Inc. (AZTA) carries a lower debt/equity ratio of 6% versus 55% for Waters Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — TECH or RGEN or AZTA or RVTY or WAT?
By revenue growth (latest reported year), Repligen Corporation (RGEN) is pulling ahead at 16.
4% versus 3. 6% for Azenta, Inc. (AZTA). On earnings-per-share growth, the picture is similar: Repligen Corporation grew EPS 287. 0% year-over-year, compared to -56. 2% for Bio-Techne Corporation. Over a 3-year CAGR, TECH leads at 3. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TECH or RGEN or AZTA or RVTY or WAT?
Waters Corporation (WAT) is the more profitable company, earning 20.
3% net margin versus -9. 4% for Azenta, Inc. — meaning it keeps 20. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WAT leads at 28. 2% versus -1. 9% for AZTA. At the gross margin level — before operating expenses — TECH leads at 64. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TECH or RGEN or AZTA or RVTY or WAT more undervalued right now?
On forward earnings alone, Revvity, Inc.
(RVTY) trades at 18. 3x forward P/E versus 64. 3x for Repligen Corporation — 45. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AZTA: 140. 5% to $44. 67.
08Which pays a better dividend — TECH or RGEN or AZTA or RVTY or WAT?
In this comparison, TECH (0.
6% yield), RVTY (0. 3% yield) pay a dividend. RGEN, AZTA, WAT do not pay a meaningful dividend and should not be held primarily for income.
09Is TECH or RGEN or AZTA or RVTY or WAT better for a retirement portfolio?
For long-horizon retirement investors, Bio-Techne Corporation (TECH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0.
6% yield, +112. 5% 10Y return). Azenta, Inc. (AZTA) carries a higher beta of 2. 17 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TECH: +112. 5%, AZTA: +123. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TECH and RGEN and AZTA and RVTY and WAT?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TECH is a small-cap quality compounder stock; RGEN is a small-cap high-growth stock; AZTA is a small-cap quality compounder stock; RVTY is a mid-cap quality compounder stock; WAT is a mid-cap quality compounder stock. TECH pays a dividend while RGEN, AZTA, RVTY, WAT do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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