Thermo Fisher Scientific Stock Fundamentals
| TMO Stock | USD 516.10 3.26 0.64% |
Thermo Fisher Scientific fundamentals help investors to digest information that contributes to Thermo Fisher's financial success or failures. It also enables traders to predict the movement of Thermo Stock. The fundamental analysis module provides a way to measure Thermo Fisher's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thermo Fisher stock.
At this time, Thermo Fisher's EBITDA is very stable compared to the past year. As of the 21st of November 2024, Cost Of Revenue is likely to grow to about 26.6 B, though Total Other Income Expense Net is likely to grow to (533 M). Thermo | Select Account or Indicator |
Thermo Fisher Scientific Company Return On Equity Analysis
Thermo Fisher's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Thermo Fisher Return On Equity | 0.13 |
Most of Thermo Fisher's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thermo Fisher Scientific is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Thermo Return On Equity Historical Pattern
Today, most investors in Thermo Fisher Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thermo Fisher's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Thermo Fisher return on equity as a starting point in their analysis.
Thermo Fisher Return On Equity |
| Timeline |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Thermo Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Thermo Fisher Scientific has a Return On Equity of 0.1294. This is 100.54% lower than that of the Life Sciences Tools & Services sector and 101.94% lower than that of the Health Care industry. The return on equity for all United States stocks is 141.74% lower than that of the firm.
Thermo Fisher Scientific Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thermo Fisher's current stock value. Our valuation model uses many indicators to compare Thermo Fisher value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermo Fisher competition to find correlations between indicators driving Thermo Fisher's intrinsic value. More Info.Thermo Fisher Scientific is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thermo Fisher Scientific is roughly 2.77 . At this time, Thermo Fisher's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thermo Fisher's earnings, one of the primary drivers of an investment's value.Thermo Fisher's Earnings Breakdown by Geography
Thermo Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thermo Fisher's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thermo Fisher could also be used in its relative valuation, which is a method of valuing Thermo Fisher by comparing valuation metrics of similar companies.Thermo Fisher is currently under evaluation in return on equity category among its peers.
Thermo Fisher ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thermo Fisher's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thermo Fisher's managers, analysts, and investors.Environmental | Governance | Social |
Thermo Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0467 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 224.83 B | ||||
| Shares Outstanding | 382.5 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 90.77 % | ||||
| Number Of Shares Shorted | 2.93 M | ||||
| Price To Earning | 30.99 X | ||||
| Price To Book | 4.00 X | ||||
| Price To Sales | 4.63 X | ||||
| Revenue | 42.86 B | ||||
| Gross Profit | 19 B | ||||
| EBITDA | 6.86 B | ||||
| Net Income | 6 B | ||||
| Cash And Equivalents | 8.52 B | ||||
| Cash Per Share | 7.44 X | ||||
| Total Debt | 34.92 B | ||||
| Debt To Equity | 0.67 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 128.08 X | ||||
| Cash Flow From Operations | 8.41 B | ||||
| Short Ratio | 2.26 X | ||||
| Earnings Per Share | 15.95 X | ||||
| Price To Earnings To Growth | 1.95 X | ||||
| Target Price | 653.94 | ||||
| Number Of Employees | 122 K | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 196.16 B | ||||
| Total Asset | 98.73 B | ||||
| Retained Earnings | 47.36 B | ||||
| Working Capital | 10.58 B | ||||
| Current Asset | 1.77 B | ||||
| Current Liabilities | 1.1 B | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.23 % | ||||
| Net Asset | 98.73 B | ||||
| Last Dividend Paid | 1.52 |
About Thermo Fisher Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thermo Fisher Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thermo Fisher using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thermo Fisher Scientific based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 2.7 B | 2.8 B | |
| Total Revenue | 42.9 B | 45 B | |
| Cost Of Revenue | 25.3 B | 26.6 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Research And Ddevelopement To Revenue | 0.03 | 0.06 | |
| Capex To Revenue | 0.03 | 0.06 | |
| Revenue Per Share | 111.03 | 116.58 | |
| Ebit Per Revenue | 0.16 | 0.09 |
Pair Trading with Thermo Fisher
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermo Fisher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermo Fisher will appreciate offsetting losses from the drop in the long position's value.Moving together with Thermo Stock
| 0.77 | A | Agilent Technologies Earnings Call This Week | PairCorr |
| 0.89 | ME | 23Andme Holding | PairCorr |
| 0.68 | VALN | Valneva SE ADR Downward Rally | PairCorr |
Moving against Thermo Stock
| 0.79 | DRUG | Bright Minds Biosciences | PairCorr |
| 0.73 | SABSW | SAB Biotherapeutics | PairCorr |
| 0.64 | VERA | Vera Therapeutics | PairCorr |
| 0.52 | DSGN | Design Therapeutics | PairCorr |
| 0.5 | VCEL | Vericel Corp Ord | PairCorr |
The ability to find closely correlated positions to Thermo Fisher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermo Fisher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermo Fisher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermo Fisher Scientific to buy it.
The correlation of Thermo Fisher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermo Fisher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermo Fisher Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermo Fisher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Thermo Fisher Piotroski F Score and Thermo Fisher Altman Z Score analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermo Fisher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.52 | Earnings Share 15.95 | Revenue Per Share 110.627 | Quarterly Revenue Growth 0.002 |
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.