Intrinsic Value of S&P & Nasdaq Contact Us

Thermo Fisher Scientific Inc. TMO NYSE

NYSE • Healthcare • Medical - Diagnostics & Research • US • USD

SharesGrow Score
63/100
3/7 Pass
SharesGrow Intrinsic Value
$554.60
+5.2%
Analyst Price Target
$650.58
+23.4%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Thermo Fisher Scientific Inc. (TMO) trades at a trailing P/E of 28.0, forward P/E of 21.4. Trailing earnings yield is 3.57%, forward earnings yield 4.67%. PEG 3.84. Graham Number is $239.19.

Criteria proven by this page:

  • VALUE (36/100, Fail) — PEG > 2.0 means the stock is expensive even after accounting for growth (PEG 3.84).
  • Forward P/E 21.4 (down from trailing 28.0) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 3.84 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield 3.57% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.67% as earnings recover.
  • Analyst consensus target $650.58 (+23.4% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 63/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
63/100
SG Score
View full scorecard →
VALUE
36/100
Price-to-Earnings & upside
Proven by this page
FUTURE
94/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
~
HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
61/100
→ Income
GROWTH
15/100
→ Income
INCOME
70/100
→ Income

Valuation Snapshot — TMO

Valuation Multiples
P/E (TTM)28.0
Forward P/E21.4
PEG Ratio3.84
Forward PEG0.56
P/B Ratio3.52
P/S Ratio4.17
EV/EBITDA18.9
Per Share Data
EPS (TTM)$17.86
Forward EPS (Est.)$24.60
Book Value / Share$142.38
Revenue / Share$118.50
FCF / Share$16.74
Yields & Fair Value
Earnings Yield3.57%
Forward Earnings Yield4.67%
Dividend Yield0.35%
Graham Number$239.19
SharesGrow IV$554.60 (+5.2%)
Analyst Target$650.58 (+23.4%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 27.6 8.54 2.59 3.05 0.43%
2017 33.7 3.32 2.95 3.59 0.32%
2018 30.6 1.03 3.26 3.69 0.30%
2019 35.2 1.33 4.38 5.09 0.23%
2020 28.9 0.39 5.35 5.73 0.18%
2021 34.0 1.56 6.44 6.70 0.15%
2022 31.1 -3.24 4.91 4.81 0.21%
2023 34.2 -2.75 4.38 4.78 0.26%
2024 31.4 4.64 4.01 4.63 0.29%
2025 32.3 4.51 4.08 4.89 0.29%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $5.09 $18.27B $2.02B 11.1%
2017 $5.59 $20.92B $2.23B 10.6%
2018 $7.24 $24.36B $2.94B 12.1%
2019 $9.17 $25.54B $3.7B 14.5%
2020 $15.98 $32.22B $6.38B 19.8%
2021 $19.46 $39.21B $7.73B 19.7%
2022 $17.64 $44.92B $6.95B 15.5%
2023 $15.45 $42.86B $6B 14%
2024 $16.53 $42.88B $6.34B 14.8%
2025 $17.74 $44.56B $6.74B 15.1%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $24.58 $24.18 – $25.78 $46.92B $46.33B – $47.17B 17
2027 $26.85 $26.42 – $28.25 $49.3B $48.61B – $50.08B 17
2028 $29.74 $28.31 – $31.08 $52.67B $52.5B – $52.61B 4
2029 $32.97 $32.34 – $33.86 $55.65B $54.83B – $56.8B 2
2030 $36.24 $35.54 – $37.21 $57.24B $56.39B – $58.42B 2
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message