THERMO FISHER SCIENTIFIC INC (TN8.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:TN8 - US8835561023 - Common Stock
490.7 EUR
+2.7 (+0.55%)
Overall TN8 gets a fundamental rating of 4 out of 10. We evaluated TN8 against 20 industry peers in the Life Sciences Tools & Services industry. Both the profitability and the financial health of TN8 get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, TN8 is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year TN8 was profitable.
In the past year TN8 had a positive cash flow from operations.
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 has a Return On Assets of 6.38%. This is in the better half of the industry: TN8 outperforms 80.00% of its industry peers.
The Return On Equity of TN8 (12.88%) is better than 80.00% of its industry peers.
TN8 has a Return On Invested Capital (6.43%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for TN8 is below the industry average of 9.25%.
| 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
The Profit Margin of TN8 (15.02%) is better than 80.00% of its industry peers.
In the last couple of years the Profit Margin of TN8 has remained more or less at the same level.
Looking at the Operating Margin, with a value of 18.40%, TN8 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of TN8 has grown nicely.
TN8's Gross Margin of 41.43% is in line compared to the rest of the industry. TN8 outperforms 60.00% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TN8 is destroying value.
TN8 has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TN8 has less shares outstanding
The debt/assets ratio for TN8 has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of TN8 is 5.84, which is a neutral value as it means it would take TN8, 5.84 years of fcf income to pay off 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 55.00% 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 of 0.62. This is comparable to the rest of the industry: TN8 outperforms 45.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.84 | ||
| Altman-Z | N/A |
ROIC/WACC0.64
WACC10.02%
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 65.00% 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.
With a Quick ratio value of 1.11, TN8 perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| 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%.
TN8 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.12% yearly.
The Revenue has been growing slightly by 3.22% in the past year.
Measured over the past years, TN8 shows a quite strong growth in Revenue. The Revenue has been growing by 10.92% on average per year.
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
The Earnings Per Share is expected to grow by 9.66% on average over the next years. This is quite good.
TN8 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.65% yearly.
EPS Next Y5.07%
EPS Next 2Y6.62%
EPS Next 3Y7.69%
EPS Next 5Y9.66%
Revenue Next Year3.54%
Revenue Next 2Y4.24%
Revenue Next 3Y4.66%
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.
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
The Price/Earnings ratio is 25.66, which means the current valuation is very expensive for TN8.
Based on the Price/Earnings ratio, TN8 is valued a bit cheaper than 65.00% of the companies in the same industry.
TN8's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.76.
A Price/Forward Earnings ratio of 23.13 indicates a rather expensive valuation of TN8.
TN8's Price/Forward Earnings is on the same level as the industry average.
TN8's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.66 | ||
| Fwd PE | 23.13 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as TN8.
The rest of the industry has a similar Price/Free Cash Flow ratio as TN8.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.35 | ||
| EV/EBITDA | 22.73 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TN8 does not grow enough to justify the current Price/Earnings ratio.
TN8 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.06
PEG (5Y)2.12
EPS Next 2Y6.62%
EPS Next 3Y7.69%
5. Dividend
5.1 Amount
With a yearly dividend of 0.30%, TN8 is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.71, TN8 is paying slightly less dividend.
With a Dividend Yield of 0.30, TN8 pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
The dividend of TN8 is nicely growing with an annual growth rate of 15.42%!
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 2Y6.62%
EPS Next 3Y7.69%
FRA:TN8 (12/11/2025, 7:00:00 PM)
490.7
+2.7 (+0.55%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners92.88%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap184.36B
Revenue(TTM)43.74B
Net Income(TTM)6.57B
Analysts81.29
Price Target537.07 (9.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend1.3
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)-0.09%
PT rev (3m)11.47%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-0.83%
EPS NY rev (1m)0.05%
EPS NY rev (3m)1.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.66 | ||
| Fwd PE | 23.13 | ||
| P/S | 4.94 | ||
| P/FCF | 35.35 | ||
| P/OCF | 28.23 | ||
| P/B | 4.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.73 |
EPS(TTM)19.12
EY3.9%
EPS(NY)21.21
Fwd EY4.32%
FCF(TTM)13.88
FCFY2.83%
OCF(TTM)17.38
OCFY3.54%
SpS99.38
BVpS115.94
TBVpS-32.96
PEG (NY)5.06
PEG (5Y)2.12
Graham Number223.33
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
WACC10.02%
ROIC/WACC0.64
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 Y5.07%
EPS Next 2Y6.62%
EPS Next 3Y7.69%
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 2Y4.24%
Revenue Next 3Y4.66%
Revenue Next 5Y4.65%
EBIT growth 1Y8.68%
EBIT growth 3Y-9.38%
EBIT growth 5Y12.7%
EBIT Next Year15.34%
EBIT Next 3Y8.99%
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 of THERMO FISHER SCIENTIFIC INC (TN8.DE) 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.
What are the PE and PB ratios of THERMO FISHER SCIENTIFIC INC (TN8.DE) stock?
The Price/Earnings (PE) ratio for THERMO FISHER SCIENTIFIC INC (TN8.DE) is 25.66 and the Price/Book (PB) ratio is 4.23.
How sustainable is the dividend of THERMO FISHER SCIENTIFIC INC (TN8.DE) stock?
The dividend rating of THERMO FISHER SCIENTIFIC INC (TN8.DE) is 3 / 10 and the dividend payout ratio is 9.48%.