THERMO FISHER SCIENTIFIC INC (TN8.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:TN8 - US8835561023 - Common Stock
525.2 EUR
+0.8 (+0.15%)
TN8 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Life Sciences Tools & Services industry. TN8 has only an average score on both its financial health and profitability. TN8 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- TN8 had positive earnings in the past year.
- TN8 had a positive operating cash flow in the past year.
- TN8 had positive earnings in each of the past 5 years.
- In the past 5 years TN8 always reported a positive cash flow from operatings.
1.2 Ratios
- TN8's Return On Assets of 6.38% is fine compared to the rest of the industry. TN8 outperforms 77.27% of its industry peers.
- The Return On Equity of TN8 (12.88%) is better than 77.27% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.43%, TN8 is in line with its industry, outperforming 59.09% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for TN8 is below the industry average of 9.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 12.88% | ||
| ROIC | 6.43% |
ROA(3y)6.58%
ROA(5y)7.42%
ROE(3y)13.8%
ROE(5y)15.76%
ROIC(3y)6.66%
ROIC(5y)7.62%
1.3 Margins
- Looking at the Profit Margin, with a value of 15.02%, TN8 belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
- TN8's Profit Margin has been stable in the last couple of years.
- The Operating Margin of TN8 (18.40%) is better than 68.18% of its industry peers.
- In the last couple of years the Operating Margin of TN8 has grown nicely.
- With a Gross Margin value of 41.43%, TN8 perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
- In the last couple of years the Gross Margin of TN8 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.4% | ||
| PM (TTM) | 15.02% | ||
| GM | 41.43% |
OM growth 3Y-12.04%
OM growth 5Y1.61%
PM growth 3Y-9.15%
PM growth 5Y0.42%
GM growth 3Y-6.24%
GM growth 5Y-1.42%
2. Health
2.1 Basic Checks
- TN8 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- TN8 has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for TN8 has been reduced compared to 5 years ago.
- Compared to 1 year ago, TN8 has an improved debt to assets ratio.
2.2 Solvency
- TN8 has a debt to FCF ratio of 5.84. This is a neutral value as TN8 would need 5.84 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.84, TN8 is in line with its industry, outperforming 54.55% of the companies in the same industry.
- A Debt/Equity ratio of 0.62 indicates that TN8 is somewhat dependend on debt financing.
- TN8 has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.84 | ||
| Altman-Z | N/A |
ROIC/WACC0.61
WACC10.55%
2.3 Liquidity
- A Current Ratio of 1.50 indicates that TN8 should not have too much problems paying its short term obligations.
- The Current ratio of TN8 (1.50) is better than 63.64% of its industry peers.
- TN8 has a Quick Ratio of 1.11. This is a normal value and indicates that TN8 is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of TN8 (1.11) is better than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
- TN8 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.53%.
- Measured over the past years, TN8 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.12% on average per year.
- TN8 shows a small growth in Revenue. In the last year, the Revenue has grown by 3.22%.
- TN8 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.92% yearly.
EPS 1Y (TTM)4.53%
EPS 3Y-4.52%
EPS 5Y12.12%
EPS Q2Q%9.66%
Revenue 1Y (TTM)3.22%
Revenue growth 3Y3.03%
Revenue growth 5Y10.92%
Sales Q2Q%4.94%
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 9.66% on average per year.
- TN8 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.65% yearly.
EPS Next Y5.08%
EPS Next 2Y6.65%
EPS Next 3Y7.9%
EPS Next 5Y9.66%
Revenue Next Year3.54%
Revenue Next 2Y4.26%
Revenue Next 3Y4.7%
Revenue Next 5Y4.65%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- The Price/Earnings ratio is 27.33, which means the current valuation is very expensive for TN8.
- Based on the Price/Earnings ratio, TN8 is valued a bit cheaper than 63.64% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, TN8 is valued at the same level.
- Based on the Price/Forward Earnings ratio of 24.62, the valuation of TN8 can be described as rather expensive.
- TN8's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TN8 is cheaper than 63.64% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of TN8 to the average of the S&P500 Index (24.04), we can say TN8 is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.33 | ||
| Fwd PE | 24.62 |
4.2 Price Multiples
- TN8's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as TN8.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.64 | ||
| EV/EBITDA | 24.03 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- TN8 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.37
PEG (5Y)2.26
EPS Next 2Y6.65%
EPS Next 3Y7.9%
5. Dividend
5.1 Amount
- TN8 has a yearly dividend return of 0.28%, which is pretty low.
- TN8's Dividend Yield is slightly below the industry average, which is at 0.54.
- Compared to an average S&P500 Dividend Yield of 1.92, TN8's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
5.2 History
- On average, the dividend of TN8 grows each year by 15.42%, which is quite nice.
Dividend Growth(5Y)15.42%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- TN8 pays out 9.48% of its income as dividend. This is a sustainable payout ratio.
- TN8's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP9.48%
EPS Next 2Y6.65%
EPS Next 3Y7.9%
FRA:TN8 (1/13/2026, 7:00:00 PM)
525.2
+0.8 (+0.15%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)10-22 2025-10-22/bmo
Earnings (Next)01-29 2026-01-29/amc
Inst Owners92.78%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap197.32B
Revenue(TTM)43.74B
Net Income(TTM)6.57B
Analysts83.13
Price Target552.43 (5.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
Yearly Dividend1.31
Dividend Growth(5Y)15.42%
DP9.48%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.99%
Min EPS beat(2)1.61%
Max EPS beat(2)4.37%
EPS beat(4)3
Avg EPS beat(4)1.9%
Min EPS beat(4)-0.07%
Max EPS beat(4)4.37%
EPS beat(8)5
Avg EPS beat(8)2.24%
EPS beat(12)7
Avg EPS beat(12)1.19%
EPS beat(16)11
Avg EPS beat(16)4.2%
Revenue beat(2)2
Avg Revenue beat(2)0.79%
Min Revenue beat(2)0.62%
Max Revenue beat(2)0.95%
Revenue beat(4)4
Avg Revenue beat(4)0.47%
Min Revenue beat(4)0.04%
Max Revenue beat(4)0.95%
Revenue beat(8)6
Avg Revenue beat(8)0.12%
Revenue beat(12)7
Avg Revenue beat(12)0.36%
Revenue beat(16)11
Avg Revenue beat(16)2.75%
PT rev (1m)2.86%
PT rev (3m)14.28%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)-1.03%
EPS NY rev (1m)0.01%
EPS NY rev (3m)1.02%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)1.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.33 | ||
| Fwd PE | 24.62 | ||
| P/S | 5.26 | ||
| P/FCF | 37.64 | ||
| P/OCF | 30.06 | ||
| P/B | 4.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.03 |
EPS(TTM)19.22
EY3.66%
EPS(NY)21.34
Fwd EY4.06%
FCF(TTM)13.95
FCFY2.66%
OCF(TTM)17.47
OCFY3.33%
SpS99.89
BVpS116.53
TBVpS-33.13
PEG (NY)5.37
PEG (5Y)2.26
Graham Number224.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 12.88% | ||
| ROCE | 9.13% | ||
| ROIC | 6.43% | ||
| ROICexc | 6.7% | ||
| ROICexgc | 29.73% | ||
| OM | 18.4% | ||
| PM (TTM) | 15.02% | ||
| GM | 41.43% | ||
| FCFM | 13.97% |
ROA(3y)6.58%
ROA(5y)7.42%
ROE(3y)13.8%
ROE(5y)15.76%
ROIC(3y)6.66%
ROIC(5y)7.62%
ROICexc(3y)7.33%
ROICexc(5y)8.51%
ROICexgc(3y)36.42%
ROICexgc(5y)41.56%
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-6.24%
GM growth 5Y-1.42%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.84 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 55.1% | ||
| Cap/Sales | 3.52% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.55% | ||
| Profit Quality | 93% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | N/A |
F-Score8
WACC10.55%
ROIC/WACC0.61
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)4.53%
EPS 3Y-4.52%
EPS 5Y12.12%
EPS Q2Q%9.66%
EPS Next Y5.08%
EPS Next 2Y6.65%
EPS Next 3Y7.9%
EPS Next 5Y9.66%
Revenue 1Y (TTM)3.22%
Revenue growth 3Y3.03%
Revenue growth 5Y10.92%
Sales Q2Q%4.94%
Revenue Next Year3.54%
Revenue Next 2Y4.26%
Revenue Next 3Y4.7%
Revenue Next 5Y4.65%
EBIT growth 1Y8.68%
EBIT growth 3Y-9.38%
EBIT growth 5Y12.7%
EBIT Next Year15.31%
EBIT Next 3Y9.32%
EBIT Next 5Y9.16%
FCF growth 1Y-6.66%
FCF growth 3Y2.29%
FCF growth 5Y12.42%
OCF growth 1Y-6.36%
OCF growth 3Y-2.36%
OCF growth 5Y11.75%
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 6 / 10.
Can you provide the financial health for TN8 stock?
The financial health rating of THERMO FISHER SCIENTIFIC INC (TN8.DE) is 4 / 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 9.48%.