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Biohit Oyj (BIOBV) Fair Value & Analysis

Healthcare · FI · Market cap €40.8M

BO Biohit Oyj BIOBV · HE
Price€2.68
Fair Value€3.45
Upside+28.7%
Quality51/100
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Expensive Growth
Solidly profitable · 17.4% net margin
Low debt · negative free cash flow
Ranks above peers (10/13)
Wide moat 70/100
Evidence: High Range €2.42 – €4.39 Share as image

Fair value as of: Jul 11, 2026

From 17 valuation models · updated 30 days ago

A solid business, screening 29% undervalued on our models.

What matters now

  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€2.42 to €4.39) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€3.96 €1.09 Fair Value €3.45 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range €1.09 – €3.96 · fair‑value band €2.42 – €4.39 · the €2.68 price screens below the €3.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Biohit Oyj (BIOBV) currently trades at €2.68, while our model-based Fair Value estimate is €3.45, implying the stock looks roughly 28.7% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Biohit Oyj generated revenue of €15.7M at a net margin of 17.4%. Revenue grew 21.1% year over year. It earns a return on equity of 20.2%. The balance sheet holds a net cash position of €1.9M. Fundamentals as of Jul 11, 2026

Our scenario range runs from €2.42 (bear case) to €4.39 (bull case); at €2.68, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at 29%, BIOBV screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income €0.9500 €1.15 €1.89 76
ROIC Compounder €1.65 €1.91 €2.18 72
Gordon GGM €4.58 €7.67 €9.96 70
All 17 models by family
DCF Models
Owner Earnings €1.65 €2.20 €2.90 31
Earnings-Based
Graham-Dodd €1.21 €3.78 €5.02 54
Lynch FV €0.8200 €1.18 €1.53 50
PEG = 1.0 €0.8200 €1.18 €1.53 46
EPV €1.58 €1.74 €1.87 59
Dividend Discount
Gordon GGM €4.58 €7.67 €9.96 70
DDM Multi-Stage €4.58 €6.89 €8.25 61
Multiples
P/E Multiple €2.93 €3.91 €4.89 63
P/S Multiple €2.27 €3.02 €3.78 58
P/B Multiple €2.27 €3.02 €3.78 55
EV/EBIT €2.91 €3.81 €4.70 53
EV/EBITDA €2.78 €3.63 €4.49 54
EV/Revenue €2.14 €2.96 €3.78 43
Asset-Based
NCAV (Graham) €0.4900 €0.6600 €0.9800 50
Economic Profit
Residual Income €0.9500 €1.15 €1.89 76
ROIC Compounder €1.65 €1.91 €2.18 72
Growth Earnings
Growth-Adj P/E €2.42 €3.45 €4.49 68

Widest divergence: Dividend Discount (€6.89) versus Asset-Based (€0.6600). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) €15.7M
Revenue growth (YoY) +21.1%
Net margin 17.4%
Return on equity 20.2%
Free cash flow −€1.3M FY2025
P/E ratio 14.6
More key figures
Operating margin 22.2%
EPS (TTM) €0.1800
EPS growth (YoY) +32.6%
Net cash €1.9M FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 50 · Market factors (momentum, volatility) 39

Profitability 66
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Biohit Oyj, a biotechnology company, manufactures and sells bind acetaldehyde, diagnostic products, and systems for diagnostic analysis for the use of research institutions, healthcare, and industry worldwide.

Full company description

Biohit Oyj, a biotechnology company, manufactures and sells bind acetaldehyde, diagnostic products, and systems for diagnostic analysis for the use of research institutions, healthcare, and industry worldwide. The company offers GastroPanel quick test NT, a rapid and quantitative immunochromatographic test for the detection of Helicobacter pylori and atrophic gastritis; GastroPanel test, a blood test for diagnosis of the function and structure of stomach mucosa; GastroSoft, a software application designed to assist clinicians and general practitioners in interpreting GastroPanel test results; and GP Reader NT for the quantitative determination of various analytes in human samples. It also provides BIOHIT active B12 (HoloTC) test, BIOHIT total 25OH vitamin D test, and BIOHIT Calprotectin; BIOHIT ColonView quick test for detection of fecal occult blood (FOB) in stool samples; BIOHIT Celiac quick test, a qualitative in vitro immunochromatographic test aiding in diagnosis of celiac disease; BIOHIT H. pylori UFT300 and H.pylori tests for the diagnosis of H,pylori infection; lactose intolerance quick test kit; and Gluten Immunogenic Peptides test. In addition, it offers Acetium acetaldehyde binding products, such as the Acetium lozenge to help quit smoking and Acetium capsule for the protection of the stomach. Further, the company provides monoclonal antibodies for use in the areas of cellular pathology, neurobiology, oncology, and human gastric biomarkers research. Additionally, it offers BIOHIT FAEX sample system for the collection and handling of stool samples. The company was incorporated in 1988 and is headquartered in Helsinki, Finland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Biohit Oyj reported revenue of €15.7M in FY2025 versus €9.4M in FY2021, a compound +13.8%/yr. Reported net income was €2.7M in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€15.7M
Latest YoY
+9.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.8%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.1%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.5%
Revenue +13.8%/yr
FY21 €9.4M
FY22 €11.0M
FY23 €13.1M
FY24 €14.3M
FY25 €15.7M
Net income
FY21 −€1.5M
FY22 €601K
FY23 €1.9M
FY24 €2.6M
FY25 €2.7M

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Cite: Fair Value Calculator (2026). "Biohit Oyj Fair Value". https://www.fairvalue-calculator.com/stock/BIOBV

Peer Group

Medical Devices · 352 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 51 · Above median
Fair Value upside +29% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 22% · Top 25%
Revenue growth 21% · Top 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 14.9× · Cheaper than 75% of peers
P/B 3.16× · Pricier than median
P/S (TTM) 2.99× · Pricier than median
EV/EBITDA 13.9× · Cheaper than median
PEG 7.04× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 72 · sector 0
FUTURE 100 · sector 29
PAST 81 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 38

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is Biohit Oyj (BIOBV) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of €3.45 versus a price of €2.68, about +29% (undervalued).
What is the fair value of BIOBV?
Our model-based fair value for Biohit Oyj is €3.45 (as of Jul 11, 2026), built from audited fundamentals. The current price is €2.68.
What is the quality score of BIOBV?
Biohit Oyj has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Biohit Oyj (BIOBV)?
Biohit Oyj reported trailing-twelve-month revenue of about €15.7M (latest available figure, as of Jul 11, 2026).
What is the net profit margin of BIOBV?
The net profit margin of Biohit Oyj is about 17.4%, meaning it keeps roughly 17.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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