THERMO FISHER SCIENTIFIC INC (1TMO.MI) Stock Fundamental Analysis
Europe - BIT:1TMO - US8835561023 - Common Stock
455.4 EUR
-2.95 (-0.64%)
1TMO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 21 industry peers in the Life Sciences Tools & Services industry. While 1TMO belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, 1TMO is valued expensive at the moment.
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.
In the past 5 years 1TMO has always been profitable.
In the past 5 years 1TMO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.50%, 1TMO belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
1TMO has a Return On Equity of 13.04%. This is amongst the best in the industry. 1TMO outperforms 80.95% of its industry peers.
1TMO has a Return On Invested Capital (6.66%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1TMO is in line with the industry average of 7.48%.
| 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
With an excellent Profit Margin value of 15.24%, 1TMO belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
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 66.67% of its industry peers.
1TMO's Operating Margin has improved in the last couple of years.
1TMO's Gross Margin of 41.34% is fine compared to the rest of the industry. 1TMO outperforms 61.90% of its industry peers.
In the last couple of years the Gross Margin of 1TMO has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1TMO is destroying value.
The number of shares outstanding for 1TMO has been reduced compared to 1 year ago.
Compared to 5 years ago, 1TMO has less shares outstanding
1TMO has a better debt/assets ratio than last year.
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.
With a decent Debt to FCF ratio value of 5.71, 1TMO is doing good in the industry, outperforming 61.90% of the companies in the same industry.
1TMO has a Debt/Equity ratio of 0.65. This is a neutral value indicating 1TMO is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, 1TMO perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.71 | ||
| Altman-Z | N/A |
ROIC/WACC0.65
WACC10.18%
2.3 Liquidity
1TMO has a Current Ratio of 1.93. This is a normal value and indicates that 1TMO is financially healthy and should not expect problems in meeting its short term obligations.
1TMO has a Current ratio of 1.93. This is amongst the best in the industry. 1TMO outperforms 90.48% of its industry peers.
A Quick Ratio of 1.50 indicates that 1TMO should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.50, 1TMO belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| 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.
1TMO shows a small growth in Revenue. In the last year, the Revenue has grown by 2.05%.
1TMO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.92% yearly.
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
The Earnings Per Share is expected to grow by 9.78% on average over the next years. This is quite good.
1TMO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.62% yearly.
EPS Next Y4.02%
EPS Next 2Y6.1%
EPS Next 3Y7.53%
EPS Next 5Y9.78%
Revenue Next Year2.76%
Revenue Next 2Y3.79%
Revenue Next 3Y4.46%
Revenue Next 5Y4.62%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
1TMO is valuated rather expensively with a Price/Earnings ratio of 24.15.
Based on the Price/Earnings ratio, 1TMO is valued a bit cheaper than 61.90% of the companies in the same industry.
1TMO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.77, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 21.48, which indicates a rather expensive current valuation of 1TMO.
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 23.23, 1TMO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.15 | ||
| Fwd PE | 21.48 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1TMO.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1TMO indicates a somewhat cheap valuation: 1TMO is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.35 | ||
| EV/EBITDA | 21.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of 1TMO may justify a higher PE ratio.
PEG (NY)6.01
PEG (5Y)1.99
EPS Next 2Y6.1%
EPS Next 3Y7.53%
5. Dividend
5.1 Amount
1TMO has a yearly dividend return of 0.32%, which is pretty low.
1TMO's Dividend Yield is slightly below the industry average, which is at 0.69.
With a Dividend Yield of 0.32, 1TMO pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
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
1TMO pays out 9.26% of its income as dividend. This is a sustainable payout ratio.
1TMO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP9.26%
EPS Next 2Y6.1%
EPS Next 3Y7.53%
BIT:1TMO (10/13/2025, 7:00:00 PM)
455.4
-2.95 (-0.64%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners91.65%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap171.96B
Revenue(TTM)43.21B
Net Income(TTM)6.58B
Analysts81.76
Price Target483.34 (6.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
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)-0.08%
PT rev (3m)-5.32%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-0.44%
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.58%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.15 | ||
| Fwd PE | 21.48 | ||
| P/S | 4.62 | ||
| P/FCF | 32.35 | ||
| P/OCF | 26.34 | ||
| P/B | 3.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.12 |
EPS(TTM)18.86
EY4.14%
EPS(NY)21.2
Fwd EY4.66%
FCF(TTM)14.08
FCFY3.09%
OCF(TTM)17.29
OCFY3.8%
SpS98.59
BVpS115.17
TBVpS-27.2
PEG (NY)6.01
PEG (5Y)1.99
Graham Number221.07
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%
ROICexgc growth 3Y-8.22%
ROICexgc 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
WACC10.18%
ROIC/WACC0.65
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 Y4.02%
EPS Next 2Y6.1%
EPS Next 3Y7.53%
EPS Next 5Y9.78%
Revenue 1Y (TTM)2.05%
Revenue growth 3Y3.03%
Revenue growth 5Y10.92%
Sales Q2Q%2.98%
Revenue Next Year2.76%
Revenue Next 2Y3.79%
Revenue Next 3Y4.46%
Revenue Next 5Y4.62%
EBIT growth 1Y5.17%
EBIT growth 3Y-9.38%
EBIT growth 5Y12.7%
EBIT Next Year13.53%
EBIT Next 3Y9.14%
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%