Thermo Fisher Scientific Inc (TMO) – Declining revenue across business segments seems to be for short term

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Thermo Fisher Scientific Inc (TMO) (Q1FY23)

Highlights

Thermo Fisher Scientific Inc, completed its acquisition of The Binding Site Group, a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at £2.3bn, or $2.8bn at current exchange rates.

Thermo Fisher Scientific Inc‘s revenue for the quarter declined 9% to $10.71bn in 2023, versus $11.82bn in 2022. Organic revenue was 8% lower, Core organic revenue growth was 6%, and COVID-19 testing revenue was $0.14bn.

The stock price showed a volatile trend in past 3-months period and declined by 3.26%. The stock price declined by 4.32% in past 1-year. The stock has a 52-week high of $611.06 and its 52-week low is $475.77. In the past 3 years, the stock has given returns of 54.32%.

TMO has a 50-day moving Avg. and 200-day moving Avg. of $552.25 and $549.19, respectively.

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Developments
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 34

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