THERMO FISHER SCIENTIFIC INC. (TMO)
Measuring & Controlling Devices, NEC
Latest Price
$574.30
TTM P/E
31.57
Normalized P/E
33.71
Div Yield
0.31%
Book Value
139.61
P/B Ratio
4.11
Valuation metrics
adjust assumptions →EPS: $17.74
Book value / share: $141.29
Formula: √(22.5 × EPS × BVPS)
Graham Number
$237.48
59% downside
Norm. op. income: $7.7B (median of 7yr)
Tax rate: 9%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$99.85
83% downside
Base FCF: $6.9B (median of recent 5yr)
Growth: 1%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$146.37
75% downside
EPS: $17.74
Target P/E: 34×
Formula: EPS × P/E
P/E Fair Value
$603.16
+5% upside
Institutional Ownership
82.8% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 30.45M | $14.97B | 8.19% | -227.2K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 24.28M | $11.93B | 6.53% | -- | 2026-03-31 |
| STATE STREET CORP | 16.73M | $8.23B | 4.50% | +117.9K | 2026-03-31 |
| MORGAN STANLEY | 10.86M | $5.34B | 2.92% | -1.03M | 2026-03-31 |
| FMR LLC | 10.78M | $5.30B | 2.90% | +983.1K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 8.41M | $4.11B | 2.26% | +211.4K | 2026-03-31 |
| FRANKLIN RESOURCES INC | 6.81M | $3.35B | 1.83% | +466.5K | 2026-03-31 |
| Capital World Investors | 6.65M | $3.27B | 1.79% | -4.36M | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 6.32M | $3.10B | 1.70% | -1.39M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.16M | $3.03B | 1.66% | -- | 2026-03-31 |