THERMO FISHER SCIENTIFIC INC (1TMO.MI) Stock Fundamental Analysis
Europe - BIT:1TMO - US8835561023 - Common Stock
418.75 EUR
+27.35 (+6.99%)
Overall 1TMO gets a fundamental rating of 5 out of 10. We evaluated 1TMO against 19 industry peers in the Life Sciences Tools & Services industry. 1TMO scores excellent on profitability, but there are some minor concerns on its financial health. 1TMO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
1TMO had positive earnings in the past year.
1TMO had a positive operating cash flow in the past year.
1TMO had positive earnings in each of the past 5 years.
In the past 5 years 1TMO always reported a positive cash flow from operatings.
1.2 Ratios
1TMO's Return On Assets of 6.50% is amongst the best of the industry. 1TMO outperforms 84.21% of its industry peers.
With an excellent Return On Equity value of 13.04%, 1TMO belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
1TMO's Return On Invested Capital of 6.66% is fine compared to the rest of the industry. 1TMO outperforms 63.16% of its industry peers.
1TMO had an Average Return On Invested Capital over the past 3 years of 7.10%. This is in line with the industry average of 7.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 13.04% | ||
| ROIC | 6.66% |
ROA(3y)6.58%
ROA(5y)7.42%
ROE(3y)13.81%
ROE(5y)15.77%
ROIC(3y)7.1%
ROIC(5y)8.12%
1.3 Margins
1TMO has a Profit Margin of 15.24%. This is amongst the best in the industry. 1TMO outperforms 84.21% of its industry peers.
1TMO's Profit Margin has been stable in the last couple of years.
1TMO has a Operating Margin of 18.18%. This is in the better half of the industry: 1TMO outperforms 68.42% of its industry peers.
In the last couple of years the Operating Margin of 1TMO has grown nicely.
1TMO has a Gross Margin (41.34%) which is comparable to the rest of the industry.
1TMO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.18% | ||
| PM (TTM) | 15.24% | ||
| GM | 41.34% |
OM growth 3Y-12.04%
OM growth 5Y1.61%
PM growth 3Y-9.15%
PM growth 5Y0.42%
GM growth 3Y-5.61%
GM growth 5Y-1.03%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1TMO is destroying value.
Compared to 1 year ago, 1TMO has less shares outstanding
Compared to 5 years ago, 1TMO has less shares outstanding
The debt/assets ratio for 1TMO has been reduced compared to a year ago.
2.2 Solvency
1TMO has a debt to FCF ratio of 5.71. This is a neutral value as 1TMO would need 5.71 years to pay back of all of its debts.
1TMO has a Debt to FCF ratio (5.71) which is in line with its industry peers.
1TMO has a Debt/Equity ratio of 0.65. This is a neutral value indicating 1TMO is somewhat dependend on debt financing.
1TMO has a Debt to Equity ratio of 0.65. This is in the better half of the industry: 1TMO outperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.71 | ||
| Altman-Z | N/A |
ROIC/WACC0.67
WACC9.99%
2.3 Liquidity
A Current Ratio of 1.93 indicates that 1TMO should not have too much problems paying its short term obligations.
The Current ratio of 1TMO (1.93) is better than 94.74% of its industry peers.
A Quick Ratio of 1.50 indicates that 1TMO should not have too much problems paying its short term obligations.
1TMO has a Quick ratio of 1.50. This is amongst the best in the industry. 1TMO outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.23% over the past year.
Measured over the past years, 1TMO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.12% on average per year.
The Revenue has been growing slightly by 2.05% in the past year.
The Revenue has been growing by 10.92% on average over the past years. This is quite good.
EPS 1Y (TTM)0.23%
EPS 3Y-4.52%
EPS 5Y12.12%
EPS Q2Q%-0.19%
Revenue 1Y (TTM)2.05%
Revenue growth 3Y3.03%
Revenue growth 5Y10.92%
Sales Q2Q%2.98%
3.2 Future
Based on estimates for the next years, 1TMO will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.36% on average per year.
1TMO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.55% yearly.
EPS Next Y3.18%
EPS Next 2Y6.76%
EPS Next 3Y8.41%
EPS Next 5Y9.36%
Revenue Next Year2.49%
Revenue Next 2Y3.65%
Revenue Next 3Y4.39%
Revenue Next 5Y4.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.42, 1TMO is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of 1TMO indicates a somewhat cheap valuation: 1TMO is cheaper than 63.16% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of 1TMO to the average of the S&P500 Index (27.27), we can say 1TMO is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.70, the valuation of 1TMO can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as 1TMO.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, 1TMO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.42 | ||
| Fwd PE | 19.7 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1TMO.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1TMO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.02 | ||
| EV/EBITDA | 19.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1TMO does not grow enough to justify the current Price/Earnings ratio.
1TMO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.04
PEG (5Y)1.85
EPS Next 2Y6.76%
EPS Next 3Y8.41%
5. Dividend
5.1 Amount
1TMO has a yearly dividend return of 0.35%, which is pretty low.
1TMO's Dividend Yield is slightly below the industry average, which is at 0.71.
Compared to an average S&P500 Dividend Yield of 2.38, 1TMO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
5.2 History
The dividend of 1TMO is nicely growing with an annual growth rate of 15.37%!
Dividend Growth(5Y)15.37%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
9.26% of the earnings are spent on dividend by 1TMO. This is a low number and sustainable payout ratio.
The dividend of 1TMO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP9.26%
EPS Next 2Y6.76%
EPS Next 3Y8.41%
BIT:1TMO (9/11/2025, 7:00:00 PM)
418.75
+27.35 (+6.99%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners92.18%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap158.07B
Analysts80.57
Price Target483.74 (15.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
Yearly Dividend1.3
Dividend Growth(5Y)15.37%
DP9.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.77%
Min EPS beat(2)-0.07%
Max EPS beat(2)1.61%
EPS beat(4)2
Avg EPS beat(4)0.72%
Min EPS beat(4)-0.34%
Max EPS beat(4)1.69%
EPS beat(8)5
Avg EPS beat(8)1.74%
EPS beat(12)7
Avg EPS beat(12)1.2%
EPS beat(16)11
Avg EPS beat(16)5.31%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.28%
Max Revenue beat(2)0.62%
Revenue beat(4)3
Avg Revenue beat(4)-0.1%
Min Revenue beat(4)-1.36%
Max Revenue beat(4)0.62%
Revenue beat(8)5
Avg Revenue beat(8)-0.15%
Revenue beat(12)7
Avg Revenue beat(12)0.84%
Revenue beat(16)11
Avg Revenue beat(16)3.32%
PT rev (1m)-5.24%
PT rev (3m)-5.5%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)-4.72%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-3.95%
Revenue NQ rev (1m)0.55%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.42 | ||
| Fwd PE | 19.7 | ||
| P/S | 4.29 | ||
| P/FCF | 30.02 | ||
| P/OCF | 24.44 | ||
| P/B | 3.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.78 |
EPS(TTM)18.68
EY4.46%
EPS(NY)21.26
Fwd EY5.08%
FCF(TTM)13.95
FCFY3.33%
OCF(TTM)17.13
OCFY4.09%
SpS97.69
BVpS114.11
TBVpS-26.95
PEG (NY)7.04
PEG (5Y)1.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 13.04% | ||
| ROCE | 8.88% | ||
| ROIC | 6.66% | ||
| ROICexc | 7.18% | ||
| ROICexgc | 29.87% | ||
| OM | 18.18% | ||
| PM (TTM) | 15.24% | ||
| GM | 41.34% | ||
| FCFM | 14.28% |
ROA(3y)6.58%
ROA(5y)7.42%
ROE(3y)13.81%
ROE(5y)15.77%
ROIC(3y)7.1%
ROIC(5y)8.12%
ROICexc(3y)7.8%
ROICexc(5y)9.07%
ROICexgc(3y)38.8%
ROICexgc(5y)44.27%
ROCE(3y)9.48%
ROCE(5y)10.9%
ROICexcg growth 3Y-8.22%
ROICexcg growth 5Y1.35%
ROICexc growth 3Y-8.88%
ROICexc growth 5Y2.89%
OM growth 3Y-12.04%
OM growth 5Y1.61%
PM growth 3Y-9.15%
PM growth 5Y0.42%
GM growth 3Y-5.61%
GM growth 5Y-1.03%
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.71 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 49.03% | ||
| Cap/Sales | 3.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.63% | ||
| Profit Quality | 93.71% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | N/A |
F-Score7
WACC9.99%
ROIC/WACC0.67
Cap/Depr(3y)51.6%
Cap/Depr(5y)63.11%
Cap/Sales(3y)3.9%
Cap/Sales(5y)4.54%
Profit Quality(3y)109.9%
Profit Quality(5y)104.9%
High Growth Momentum
Growth
EPS 1Y (TTM)0.23%
EPS 3Y-4.52%
EPS 5Y12.12%
EPS Q2Q%-0.19%
EPS Next Y3.18%
EPS Next 2Y6.76%
EPS Next 3Y8.41%
EPS Next 5Y9.36%
Revenue 1Y (TTM)2.05%
Revenue growth 3Y3.03%
Revenue growth 5Y10.92%
Sales Q2Q%2.98%
Revenue Next Year2.49%
Revenue Next 2Y3.65%
Revenue Next 3Y4.39%
Revenue Next 5Y4.55%
EBIT growth 1Y5.17%
EBIT growth 3Y-9.38%
EBIT growth 5Y12.7%
EBIT Next Year13.42%
EBIT Next 3Y8.96%
EBIT Next 5Y8.68%
FCF growth 1Y5.4%
FCF growth 3Y2.29%
FCF growth 5Y12.42%
OCF growth 1Y-1.49%
OCF growth 3Y-2.36%
OCF growth 5Y11.75%