THERMO FISHER SCIENTIFIC INC. (TMO)
Measuring & Controlling Devices, NEC
Latest Price
$613.62
TTM P/E
33.01
Normalized P/E
35.81
Div Yield
0.29%
Book Value
141.99
P/B Ratio
4.32
Valuation metrics
adjust assumptions →EPS: $17.74
Book value / share: $141.29
Formula: √(22.5 × EPS × BVPS)
Graham Number
$237.48
61% 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
84% 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
76% downside
EPS: $17.74
Target P/E: 36×
Formula: EPS × P/E
P/E Fair Value
$638.64
+4% upside
Institutional Ownership
93.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 30.92M | $15.50B | 8.33% | +468.9K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 24.28M | $12.17B | 6.54% | -4.5K | 2026-06-30 |
| STATE STREET CORP | 16.83M | $8.44B | 4.54% | +94.2K | 2026-06-30 |
| Corient Private Wealth LP | 16.19M | $384.0M | 4.36% | +15.36M | 2026-06-30 |
| FMR LLC | 14.08M | $7.06B | 3.80% | +3.31M | 2026-06-30 |
| MORGAN STANLEY | 10.76M | $5.40B | 2.90% | -100.5K | 2026-06-30 |
| JPMORGAN CHASE & CO | 8.50M | $4.31B | 2.29% | +1.89M | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 8.38M | $4.18B | 2.26% | -25.5K | 2026-06-30 |
| FRANKLIN RESOURCES INC | 7.27M | $3.65B | 1.96% | +458.5K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.23M | $3.12B | 1.68% | +62.8K | 2026-06-30 |