How to buy Thermo Fisher Scientific (TMO:NYSE) stocks in Canada

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Thermo Fisher Scientific is a diagnostics & research business based in the US. Thermo Fisher Scientific shares (TMO.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $576.49 – a decrease of 1.69% over the previous day. Thermo Fisher Scientific employs 122,000 staff and has a trailing 12-month revenue of around $42.3 billion.

How to buy shares in Thermo Fisher Scientific

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. TMO in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is Thermo Fisher Scientific under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Thermo Fisher Scientific P/E ratio, PEG ratio and EBITDA.

Thermo Fisher Scientific's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Thermo Fisher Scientific's stocks trade at around 36x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Thermo Fisher Scientific's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.155. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Thermo Fisher Scientific's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Thermo Fisher Scientific's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $10.8 billion ($1 CAD).

The EBITDA is a measure of Thermo Fisher Scientific's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Thermo Fisher Scientific's shares were split on a 3:2 basis on 5 June 1996. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Thermo Fisher Scientific shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Thermo Fisher Scientific shares which in turn could have impacted Thermo Fisher Scientific's share price.
It's as easy to sell Thermo Fisher Scientific as it is to buy! Here's how to sell Thermo Fisher Scientific stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Thermo Fisher Scientific shares. Your investment platform will let you know when your shares are sold

Thermo Fisher Scientific financials

Revenue TTM	$42.4 billion
Operating margin TTM	18.06%
Gross profit TTM	$19 billion
Return on assets TTM	4.67%
Return on equity TTM	12.94%
Profit margin	14.48%
Book value	$128.08
Market capitalisation	$203.9 billion

TTM: trailing 12 months

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