Biotage (BIOT.ST) Stock Price

Biotage Price

Delisted

Revenue has compounded at 8.6% per year over the past 19 years to 2.06 B SEK. Earnings per share have grown at 23.2% per year over the last 15 years. Biotage's net margin stands at 13.8%, down from 16.0% several years earlier. The payout ratio is around 45% of earnings. The dividend has grown at 14.9% per year over the past 15 years.

Biotage stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Biotage over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Biotage stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Biotage's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Biotage Stock Price History
DateBiotage Price
Access this data via the Eulerpool API

Biotage Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.57 B SEK
330.00 M SEK
268.00 M SEK
Jan 1, 2023
1.86 B SEK
376.00 M SEK
246.00 M SEK
Jan 1, 2024
2.06 B SEK
383.00 M SEK
284.00 M SEK
Jan 1, 2025 (e)
1.91 B SEK
383.35 M SEK
270.34 M SEK
Jan 1, 2026 (e)
2.07 B SEK
414.73 M SEK
340.82 M SEK
Jan 1, 2027 (e)
2.26 B SEK
452.32 M SEK
387.28 M SEK
Jan 1, 2028 (e)
3.53 B SEK
708.26 M SEK
600.75 M SEK
Jan 1, 2031 (e)
4.79 B SEK
0.00 SEK
0.00 SEK

Biotage Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 1, 2026, 10:13 AM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
DIV.SEK
DIV. GROWTH%
SHARESM
201420152016201720182019202020212022202320242025e2026e2027e2028e2031e
0.490.610.670.750.911.101.091.231.571.862.061.912.072.263.534.79
10.3624.499.3412.1421.6620.99-0.8212.8227.1118.9010.42-7.008.169.0956.5635.48
54.2956.0757.7260.9661.1062.2260.9961.2860.5454.4062.6962.6962.6962.6962.6962.69
0.270.340.390.460.560.690.670.760.951.011.291.201.301.412.213.00
49.0074.0099.00133.00173.00210.00209.00271.00330.00376.00383.00383.00414.00452.00708.00
10.0012.1314.8417.7819.0119.0719.1422.0021.0720.1918.6320.0320.0220.0420.05
51.0073.0092.00138.00167.00186.00175.00205.00268.00246.00284.00270.00340.00387.00600.00
24.3943.1426.0350.0021.0111.38-5.9117.1430.73-8.2115.45-4.9325.9313.8255.04
0.600.751.001.251.401.501.501.551.601.601.651.681.71
20.0025.0033.3325.0012.007.143.333.233.121.821.79
64.7164.7164.7164.7165.1265.2065.2066.1866.2080.0980.1780.1780.1780.1780.1780.17
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Biotage generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Biotage retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Biotage's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Biotage has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Biotage's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Biotage stock margins

The Biotage margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Biotage. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Biotage.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
61.04 %
19.20 %
16.02 %
Jan 1, 2021
61.28 %
22.00 %
16.64 %
Jan 1, 2022
60.54 %
21.07 %
17.11 %
Jan 1, 2023
54.40 %
20.19 %
13.21 %
Jan 1, 2024
62.69 %
18.63 %
13.81 %
Jan 1, 2025 (e)
62.69 %
20.05 %
14.14 %
Jan 1, 2026 (e)
62.69 %
20.05 %
16.48 %
Jan 1, 2027 (e)
62.69 %
20.05 %
17.17 %

Biotage Stock Revenue, EBIT, Earnings per Share

The Biotage earnings per share therefore indicates how much revenue Biotage has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
16.75 SEK
3.22 SEK
2.68 SEK
Jan 1, 2021
18.61 SEK
4.09 SEK
3.10 SEK
Jan 1, 2022
23.66 SEK
4.98 SEK
4.05 SEK
Jan 1, 2023
23.25 SEK
4.69 SEK
3.07 SEK
Jan 1, 2024
25.65 SEK
4.78 SEK
3.54 SEK
Jan 1, 2025 (e)
23.87 SEK
4.78 SEK
3.38 SEK
Jan 1, 2026 (e)
25.82 SEK
5.17 SEK
4.26 SEK
Jan 1, 2027 (e)
28.16 SEK
5.64 SEK
4.84 SEK

Biotage business model & stock analysis

Biotage AB is a Swedish company founded in 1983. Since then, the company has become an international leader in the development, manufacturing, and marketing of equipment, chemicals, and accessories for organic and medicinal chemistry, pharmacy, biochemistry, and food analysis. The company's business model is based on the development and marketing of innovative instruments and technologies for analytics and chromatography. Consumables and accessory products are also an important part of the business model. Biotage offers customized solutions tailored to each customer's specific needs. Biotage systems are widely used in the pharmaceutical, biotech, and academic sectors. The company is divided into four main divisions: chromatography, spectroscopy, analytics, and synthesis. In the chromatography division, Biotage offers a wide range of systems for sample preparation and analysis, including flash chromatography systems, HPLC systems, and automation solutions for column development. In the spectroscopy division, Biotage offers systems for molecular structure determination, including NMR spectrometers and FT-IR spectrometers. In the analytics division, the company specializes in mass spectrometry and offers a wide range of instruments and accessories, including HPLC-MS systems, MALDI-TOF systems, and LC-MS applications. In the synthesis division, the focus is on the development and marketing of tools for the synthesis, purification, and analysis of peptides and synthesis kits. Biotage is also known for its wide range of chemicals and accessory products. The company offers a variety of solvents, catalysts, reagents, and separation columns that can be used in organic, pharmaceutical, and biological synthesis. Accessory products include items such as activated carbon filter cartridges or membranes for various chromatography systems. Despite the wide range of products, Biotage has focused on specialized markets, particularly drug research and development, peptide synthesis, and the production of specialty chemicals. In these markets, the devices and chemicals are used to develop and produce medications and important blockbuster compounds. In conclusion, Biotage is a company that focuses on the development and marketing of instruments and technologies for analytics and chromatography. Thanks to its strong market presence and innovative products, the company has become an internationally recognized manufacturer. Biotage is headquartered in Sweden, but its global network of sales and service centers enables global presence and development.

Biotage SWOT Analysis

Strengths

Biotage AB has several strengths that contribute to its competitive advantage in the market. Firstly, the company has a strong research and development team, enabling them to consistently innovate and develop high-quality products. Secondly, Biotage AB has a wide range of product offerings, catering to various industries such as pharmaceuticals, biotechnology, and forensic sciences. This diversification mitigates risk and allows the company to target multiple markets. Thirdly, the company has a well-established global presence, with a strong distribution network in key regions, ensuring efficient delivery of products to customers.

Weaknesses

Despite its strengths, Biotage AB also faces a few weaknesses that need to be addressed. Firstly, the company heavily relies on key suppliers for raw materials, making them vulnerable to supply chain disruptions or price fluctuations. Secondly, Biotage AB faces intense competition from both established players and emerging companies in the industry. To maintain their market share, the company needs to continuously invest in research and development, marketing, and sales efforts. Lastly, Biotage AB lacks brand recognition compared to some of its competitors, which may affect its ability to attract new customers and expand into new markets.

Opportunities

There are several opportunities that Biotage AB can capitalize on to enhance its growth prospects. Firstly, the increasing demand for organic and natural products presents an opportunity for the company to expand its portfolio and cater to the growing customer preferences. Secondly, the advancements in technology, such as automation and robotics, provide avenues for Biotage AB to streamline its manufacturing processes and improve efficiency. Additionally, the company can explore partnerships or acquisitions to enter new markets or gain access to complementary technologies, fueling further growth.

Threats

Biotage AB faces certain threats that could impact its business operations. Firstly, strict regulations and compliance requirements in the industries they serve can pose challenges and increase costs for the company. Adapting to evolving regulations will be crucial to remain competitive. Secondly, economic downturns or uncertainties in global markets can impact customer spending and reduce demand for Biotage AB's products. To mitigate this risk, the company should focus on diversifying its customer base across geographies and industries. Lastly, counterfeit products and intellectual property infringements pose a threat to Biotage AB's brand reputation and profitability, necessitating stringent measures to protect their technology and patents.

Biotage Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Biotage historical P/E ratio, EBIT multiple, and P/S ratio

Biotage annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Biotage shares outstanding

The number of shares of Biotage was 80.17 M in 2025. This indicates how many shares Biotage is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
65.20 M Stocks
Jan 1, 2021
66.18 M Stocks
Jan 1, 2022
66.20 M Stocks
Jan 1, 2023
80.09 M Stocks
Jan 1, 2024
80.17 M Stocks
Jan 1, 2025 (e)
80.17 M Stocks
Jan 1, 2026 (e)
80.17 M Stocks
Jan 1, 2027 (e)
80.17 M Stocks

Biotage Dividend History

16 years of dividend payments

YearAnnual DividendYoY ChangePayments
20251.65SEK 3.1%
Apr 25, 20251.65SEK 3.1%1/1
20241.60SEK 0.0%
20231.60SEK 3.2%
20221.55SEK 3.3%
20211.50SEK 0.0%
20191.50SEK 7.1%
20181.40SEK 12.0%
20171.25SEK 25.0%
20161.00SEK 33.3%
20150.75SEK 25.0%

Biotage dividend history and estimates

In 2025, Biotage paid a dividend amounting to 1.65 SEK. Dividend means that Biotage distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2019
1.50 SEK
0.00 SEK
Jan 1, 2021
1.50 SEK
0.00 SEK
Jan 1, 2022
1.55 SEK
0.00 SEK
Jan 1, 2023
1.60 SEK
0.00 SEK
Jan 1, 2024
1.60 SEK
0.00 SEK
Jan 1, 2025
1.65 SEK
0.00 SEK
Jan 1, 2026 (e)
0.00 SEK
1.68 SEK
Jan 1, 2027 (e)
0.00 SEK
1.71 SEK

Biotage dividend payout ratio

In 2025, Biotage had a payout ratio of 48.89%. The payout ratio indicates the percentage of the company's profits that Biotage distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
45.18 %
Jan 1, 2021
48.43 %
Jan 1, 2022
38.29 %
Jan 1, 2023
52.09 %
Jan 1, 2024
45.17 %
Jan 1, 2025 (e)
48.89 %
Jan 1, 2026 (e)
39.52 %
Jan 1, 2027 (e)
35.45 %
Price targets and forecasts for Biotage are not yet available.

Biotage Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/25/20240.79SEK529.79 MSEK2024 Q1
2/15/20241.15SEK585.07 MSEK2023 Q4
7/17/20231.05SEK449.85 MSEK2023 Q2
4/26/20231.14SEK451.67 MSEK2023 Q1
2/15/20231.46SEK437.52 MSEK2022 Q4
11/2/20221.08SEK409.50 MSEK2022 Q3
7/19/20220.86SEK362.71 MSEK2022 Q2
4/28/20220.87SEK353.69 MSEK2022 Q1
2/11/20220.88SEK344.02 MSEK2021 Q4
11/5/20190.81SEK267.96 MSEK2019 Q3

EESG©

Eulerpool ESG Scorecard© for the Biotage stock

80/100
75
Environment
92
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees34.207
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Biotage shareholder structure

% Name
4.84505%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
4.79347%
Carnegie Fonder AB
Carnegie Fonder AB
1.14774%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.62422%
Humle Kapitalförvaltning AB
Humle Kapitalförvaltning AB
0.54302%
Carmignac Gestion
Carmignac Gestion
0.52030%
AllianceBernstein L.P.
AllianceBernstein L.P.

Biotage Beneficial Ownership Filings (SEC 13D/G)

Free Float
77.0%
Float Shares
-
Shares Outstanding
-

Biotage Executives and Management Board

TJ

Mr. Torben Joergensen

(73)

Director · since 2006

Compensation11.82 M SEK
FV

Mr. Frederic Vanderhaegen

(58)

Chief Executive Officer

Compensation4.12 M SEK
KM

Mr. Kieran Murphy

(62)

Independent Chairman of the Board

Compensation882,000.00 SEK
PE

Mr. Peter von Ehrenheim

(70)

Independent Director

Compensation460,000.00 SEK
AH

Ms. Asa Hedin

(63)

Independent Director

Compensation373,000.00 SEK

Biotage Supply Chain

Biotage Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#Name1M3M6M1Y2YTrend
1
0.64
0.74
0.81
0.85
0.92
2
0.49
0.51
0.55
0.68
0.79
3
0.13
0.67
0.77
0.65
0.56

Frequently asked questions about Biotage

Biotage AB operates under a business model focused on providing innovative separation solutions for pharmaceutical, biotech, and academic research organizations. The company specializes in the development, manufacturing, and distribution of instruments, consumables, and software for analytical chemistry, medicinal chemistry, and process development. Biotage's products enable efficient sample preparation, purification, and analysis, leading to improved productivity and quality in various applications. With a strong emphasis on customer-driven solutions, Biotage aims to support researchers and industry professionals in their quest for reliable and efficient chemical analysis and purification techniques. Biotage AB remains dedicated to advancing science and delivering superior products to meet the evolving needs of the life sciences industry.

All fundamentals and in-depth analysis of Biotage

Our stock analysis for Biotage stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Biotage. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.