THERMO FISHER SCIENTIFIC INC (TN8.DE) Stock Fundamental Analysis
FRA:TN8 • US8835561023
430.4 EUR
-2.4 (-0.55%)
Last: Feb 19, 2026, 07:00 PM
Taking everything into account, TN8 scores 4 out of 10 in our fundamental rating. TN8 was compared to 18 industry peers in the Life Sciences Tools & Services industry. TN8 has only an average score on both its financial health and profitability. TN8 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year TN8 was profitable.
- TN8 had a positive operating cash flow in the past year.
- Each year in the past 5 years TN8 has been profitable.
- In the past 5 years TN8 always reported a positive cash flow from operatings.
1.2 Ratios
- TN8 has a Return On Assets (6.08%) which is in line with its industry peers.
- The Return On Equity of TN8 (12.55%) is better than 66.67% of its industry peers.
- With a Return On Invested Capital value of 6.00%, TN8 perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for TN8 is below the industry average of 9.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.08% | ||
| ROE | 12.55% | ||
| ROIC | 6% |
ROA(3y)6.22%
ROA(5y)6.79%
ROE(3y)12.72%
ROE(5y)14.58%
ROIC(3y)6.18%
ROIC(5y)6.93%
1.3 Margins
- TN8 has a Profit Margin of 15.05%. This is in the better half of the industry: TN8 outperforms 77.78% of its industry peers.
- TN8's Profit Margin has declined in the last couple of years.
- TN8's Operating Margin of 18.19% is fine compared to the rest of the industry. TN8 outperforms 72.22% of its industry peers.
- In the last couple of years the Operating Margin of TN8 has declined.
- With a Gross Margin value of 41.22%, TN8 perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- TN8's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.19% | ||
| PM (TTM) | 15.05% | ||
| GM | 41.22% |
OM growth 3Y-1.32%
OM growth 5Y-5.71%
PM growth 3Y-0.93%
PM growth 5Y-5.33%
GM growth 3Y-0.55%
GM growth 5Y-3.49%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TN8 is destroying value.
- The number of shares outstanding for TN8 has been reduced compared to 1 year ago.
- TN8 has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for TN8 is higher compared to a year ago.
2.2 Solvency
- TN8 has a debt to FCF ratio of 6.26. This is a slightly negative value and a sign of low solvency as TN8 would need 6.26 years to pay back of all of its debts.
- The Debt to FCF ratio of TN8 (6.26) is better than 61.11% of its industry peers.
- A Debt/Equity ratio of 0.67 indicates that TN8 is somewhat dependend on debt financing.
- TN8 has a Debt to Equity ratio of 0.67. This is comparable to the rest of the industry: TN8 outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 6.26 | ||
| Altman-Z | N/A |
ROIC/WACC0.58
WACC10.42%
2.3 Liquidity
- TN8 has a Current Ratio of 1.89. This is a normal value and indicates that TN8 is financially healthy and should not expect problems in meeting its short term obligations.
- With an excellent Current ratio value of 1.89, TN8 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- A Quick Ratio of 1.53 indicates that TN8 should not have too much problems paying its short term obligations.
- TN8 has a better Quick ratio (1.53) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 4.62% over the past year.
- The Earnings Per Share has been growing slightly by 3.19% on average over the past years.
- TN8 shows a small growth in Revenue. In the last year, the Revenue has grown by 3.91%.
- The Revenue has been growing slightly by 6.70% on average over the past years.
EPS 1Y (TTM)4.62%
EPS 3Y-0.53%
EPS 5Y3.19%
EPS Q2Q%7.7%
Revenue 1Y (TTM)3.91%
Revenue growth 3Y-0.27%
Revenue growth 5Y6.7%
Sales Q2Q%7.2%
3.2 Future
- Based on estimates for the next years, TN8 will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.80% on average per year.
- Based on estimates for the next years, TN8 will show a small growth in Revenue. The Revenue will grow by 5.26% on average per year.
EPS Next Y8.54%
EPS Next 2Y9%
EPS Next 3Y9.51%
EPS Next 5Y10.8%
Revenue Next Year5.68%
Revenue Next 2Y5.47%
Revenue Next 3Y5.78%
Revenue Next 5Y5.26%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- Based on the Price/Earnings ratio of 22.12, the valuation of TN8 can be described as rather expensive.
- TN8's Price/Earnings ratio is a bit cheaper when compared to the industry. TN8 is cheaper than 61.11% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.09, TN8 is valued at the same level.
- A Price/Forward Earnings ratio of 20.38 indicates a rather expensive valuation of TN8.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TN8 indicates a somewhat cheap valuation: TN8 is cheaper than 61.11% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.98. TN8 is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.12 | ||
| Fwd PE | 20.38 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as TN8.
- 66.67% of the companies in the same industry are more expensive than TN8, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.2 | ||
| EV/EBITDA | 20.12 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.59
PEG (5Y)6.94
EPS Next 2Y9%
EPS Next 3Y9.51%
5. Dividend
5.1 Amount
- TN8 has a yearly dividend return of 0.34%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.45, TN8 has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.85, TN8's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
5.2 History
- On average, the dividend of TN8 grows each year by 14.69%, which is quite nice.
Dividend Growth(5Y)14.69%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- TN8 pays out 9.49% of its income as dividend. This is a sustainable payout ratio.
- The dividend of TN8 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP9.49%
EPS Next 2Y9%
EPS Next 3Y9.51%
FRA:TN8 (2/19/2026, 7:00:00 PM)
430.4
-2.4 (-0.55%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-21 2026-04-21/bmo
Inst Owners92.78%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap161.71B
Revenue(TTM)44.56B
Net Income(TTM)6.70B
Analysts81.82
Price Target571.83 (32.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
Yearly Dividend1.42
Dividend Growth(5Y)14.69%
DP9.49%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.64%
Min EPS beat(2)0.91%
Max EPS beat(2)4.37%
EPS beat(4)3
Avg EPS beat(4)1.7%
Min EPS beat(4)-0.07%
Max EPS beat(4)4.37%
EPS beat(8)6
Avg EPS beat(8)2.42%
EPS beat(12)7
Avg EPS beat(12)1.02%
EPS beat(16)11
Avg EPS beat(16)2.83%
Revenue beat(2)2
Avg Revenue beat(2)1.08%
Min Revenue beat(2)0.95%
Max Revenue beat(2)1.21%
Revenue beat(4)4
Avg Revenue beat(4)0.77%
Min Revenue beat(4)0.28%
Max Revenue beat(4)1.21%
Revenue beat(8)6
Avg Revenue beat(8)0.22%
Revenue beat(12)7
Avg Revenue beat(12)-0.27%
Revenue beat(16)11
Avg Revenue beat(16)1.95%
PT rev (1m)3.51%
PT rev (3m)5.54%
EPS NQ rev (1m)-5.8%
EPS NQ rev (3m)-6.09%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-0.4%
Revenue NQ rev (1m)-1.37%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.12 | ||
| Fwd PE | 20.38 | ||
| P/S | 4.27 | ||
| P/FCF | 30.2 | ||
| P/OCF | 24.31 | ||
| P/B | 3.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.12 |
EPS(TTM)19.46
EY4.52%
EPS(NY)21.12
Fwd EY4.91%
FCF(TTM)14.25
FCFY3.31%
OCF(TTM)17.71
OCFY4.11%
SpS100.9
BVpS120.97
TBVpS-26.69
PEG (NY)2.59
PEG (5Y)6.94
Graham Number230.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.08% | ||
| ROE | 12.55% | ||
| ROCE | 8.52% | ||
| ROIC | 6% | ||
| ROICexc | 6.71% | ||
| ROICexgc | 28.75% | ||
| OM | 18.19% | ||
| PM (TTM) | 15.05% | ||
| GM | 41.22% | ||
| FCFM | 14.13% |
ROA(3y)6.22%
ROA(5y)6.79%
ROE(3y)12.72%
ROE(5y)14.58%
ROIC(3y)6.18%
ROIC(5y)6.93%
ROICexc(3y)6.79%
ROICexc(5y)7.57%
ROICexgc(3y)30.99%
ROICexgc(5y)35.86%
ROCE(3y)8.78%
ROCE(5y)9.93%
ROICexgc growth 3Y-13.91%
ROICexgc growth 5Y-12.87%
ROICexc growth 3Y-6.93%
ROICexc growth 5Y-10.12%
OM growth 3Y-1.32%
OM growth 5Y-5.71%
PM growth 3Y-0.93%
PM growth 5Y-5.33%
GM growth 3Y-0.55%
GM growth 5Y-3.49%
F-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 6.26 | ||
| Debt/EBITDA | 3.29 | ||
| Cap/Depr | 54.86% | ||
| Cap/Sales | 3.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.83% | ||
| Profit Quality | 93.88% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | N/A |
F-Score5
WACC10.42%
ROIC/WACC0.58
Cap/Depr(3y)47.77%
Cap/Depr(5y)61.4%
Cap/Sales(3y)3.38%
Cap/Sales(5y)4.31%
Profit Quality(3y)108.05%
Profit Quality(5y)102.29%
High Growth Momentum
Growth
EPS 1Y (TTM)4.62%
EPS 3Y-0.53%
EPS 5Y3.19%
EPS Q2Q%7.7%
EPS Next Y8.54%
EPS Next 2Y9%
EPS Next 3Y9.51%
EPS Next 5Y10.8%
Revenue 1Y (TTM)3.91%
Revenue growth 3Y-0.27%
Revenue growth 5Y6.7%
Sales Q2Q%7.2%
Revenue Next Year5.68%
Revenue Next 2Y5.47%
Revenue Next 3Y5.78%
Revenue Next 5Y5.26%
EBIT growth 1Y5.05%
EBIT growth 3Y-1.59%
EBIT growth 5Y0.61%
EBIT Next Year19.29%
EBIT Next 3Y11.41%
EBIT Next 5Y10.22%
FCF growth 1Y-13.39%
FCF growth 3Y-3.07%
FCF growth 5Y-1.58%
OCF growth 1Y-9.78%
OCF growth 3Y-5.12%
OCF growth 5Y-1.16%
THERMO FISHER SCIENTIFIC INC / TN8.DE FAQ
What is the fundamental rating for TN8 stock?
ChartMill assigns a fundamental rating of 4 / 10 to TN8.DE.
What is the valuation status for TN8 stock?
ChartMill assigns a valuation rating of 3 / 10 to THERMO FISHER SCIENTIFIC INC (TN8.DE). This can be considered as Overvalued.
What is the profitability of TN8 stock?
THERMO FISHER SCIENTIFIC INC (TN8.DE) has a profitability rating of 4 / 10.
Can you provide the financial health for TN8 stock?
The financial health rating of THERMO FISHER SCIENTIFIC INC (TN8.DE) is 5 / 10.
Can you provide the dividend sustainability for TN8 stock?
The dividend rating of THERMO FISHER SCIENTIFIC INC (TN8.DE) is 3 / 10 and the dividend payout ratio is 9.49%.