Thermo Fisher Scientific Stock Performance
| TMO Stock | USD 577.39 2.80 0.49% |
Thermo Fisher has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 1.51, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thermo Fisher will likely underperform. Thermo Fisher Scientific right now has a risk of 1.37%. Please validate Thermo Fisher potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Thermo Fisher will be following its existing price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Thermo Fisher Scientific are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very weak primary indicators, Thermo Fisher may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 0.14 | Five Day Return 5.98 | Year To Date Return 5.74 | Ten Year Return 398.71 | All Time Return 45.6 K |
Forward Dividend Yield 0.0027 | Payout Ratio 0.0669 | Last Split Factor 3:2 | Forward Dividend Rate 1.56 | Dividend Date 2024-04-15 |
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| Thermo Fisher dividend paid on 15th of April 2024 | 04/15/2024 |
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10 | Is Thermo Fisher Scientific Trading at Attractive Valuations | 04/19/2024 |
11 | Spotlight on Thermo Fisher Scientific Analyzing the Surge in Options Activity | 04/22/2024 |
| Begin Period Cash Flow | 8.5 B |
Thermo |
Thermo Fisher Relative Risk vs. Return Landscape
If you would invest 53,786 in Thermo Fisher Scientific on January 25, 2024 and sell it today you would earn a total of 3,673 from holding Thermo Fisher Scientific or generate 6.83% return on investment over 90 days. Thermo Fisher Scientific is generating 0.1142% of daily returns assuming volatility of 1.3718% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than Thermo, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Thermo Fisher Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thermo Fisher's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thermo Fisher Scientific, and traders can use it to determine the average amount a Thermo Fisher's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0832
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| Cash | Small Risk | TMO | High Risk | Huge Risk |
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Thermo Fisher is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thermo Fisher by adding it to a well-diversified portfolio.
Thermo Fisher Fundamentals Growth
Thermo Stock prices reflect investors' perceptions of the future prospects and financial health of Thermo Fisher, and Thermo Fisher fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thermo Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0472 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 247.84 B | ||||
| Shares Outstanding | 381.71 M | ||||
| Price To Earning | 30.99 X | ||||
| Price To Book | 4.62 X | ||||
| Price To Sales | 5.03 X | ||||
| Revenue | 42.86 B | ||||
| Gross Profit | 19 B | ||||
| EBITDA | 6.86 B | ||||
| Net Income | 6 B | ||||
| Cash And Equivalents | 8.52 B | ||||
| Cash Per Share | 7.44 X | ||||
| Total Debt | 34.92 B | ||||
| Debt To Equity | 0.67 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 120.87 X | ||||
| Cash Flow From Operations | 8.41 B | ||||
| Earnings Per Share | 15.46 X | ||||
| Market Capitalization | 219.33 B | ||||
| Total Asset | 98.73 B | ||||
| Retained Earnings | 47.36 B | ||||
| Working Capital | 10.58 B | ||||
| Current Asset | 1.77 B | ||||
| Current Liabilities | 1.1 B | ||||
About Thermo Fisher Performance
To evaluate Thermo Fisher Scientific Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thermo Fisher generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Thermo Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Thermo Fisher Scientific market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thermo's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.21 | 99.47 | |
| Return On Tangible Assets | 0.16 | 0.09 | |
| Return On Capital Employed | 0.09 | 0.05 | |
| Return On Assets | 0.06 | 0.03 | |
| Return On Equity | 0.13 | 0.07 |
Things to note about Thermo Fisher Scientific performance evaluation
Checking the ongoing alerts about Thermo Fisher for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thermo Fisher Scientific help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 92.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Thermo Fisher paid $ 0.39 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Spotlight on Thermo Fisher Scientific Analyzing the Surge in Options Activity |
- Analyzing Thermo Fisher's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thermo Fisher's stock is overvalued or undervalued compared to its peers.
- Examining Thermo Fisher's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thermo Fisher's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thermo Fisher's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thermo Fisher's stock. These opinions can provide insight into Thermo Fisher's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Thermo Stock analysis
When running Thermo Fisher's price analysis, check to measure Thermo Fisher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermo Fisher is operating at the current time. Most of Thermo Fisher's value examination focuses on studying past and present price action to predict the probability of Thermo Fisher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermo Fisher's price. Additionally, you may evaluate how the addition of Thermo Fisher to your portfolios can decrease your overall portfolio volatility.
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Is Thermo Fisher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermo Fisher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.054 | Dividend Share 1.4 | Earnings Share 15.46 | Revenue Per Share 111.028 | Quarterly Revenue Growth (0.05) |
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.