CVX vs TMO: Which Is the Better Buy?

Side-by-side comparison of Chevron Corporation and Thermo Fisher Scientific Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-09.
Chevron Corporation Β· Energy
$175.91
-3.4% upside to fair value
Grade D
VS
Thermo Fisher Scientific Inc. Β· Healthcare
$464.61
+7.2% upside to fair value
Grade A High Quality
QuantHub Verdict
TMO has more upside to fair value (+7.2%). TMO trades at a lower forward P/E (25.2x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric CVX TMO
Current Price $175.91 $464.61
Fair Value Estimate $169.96 $498.27
Upside to Fair Value -3.4% +7.2%
Market Cap $350.3B $172.7B
Forward P/E 30.4x 25.2x
EV / EBITDA 9.4x 19.1x
Price / Sales 1.9x 3.8x
Price / FCF 26.2x 25.6x
Revenue Growth YoY +3.2% +6.2%
Gross Margin 25.4% 39.4%
Operating Margin 8.4% 17.8%
Return on Equity 6.2% 13.3%
Dividend Yield 0% 0%
FCF Yield 3.82% 3.91%
Analyst Consensus Buy Strong Buy
Investment Thesis
CVX β€” Chevron Corporation
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
TMO β€” Thermo Fisher Scientific Inc.
Thermo Fisher Scientific is a leading healthcare company specializing in life science tools, diagnostics, and contract research and manufacturing services. It operates with a broad, multi-layered moat driven by scale, integration, and a long-tenured management team. The company exhibits solid fundamentals with a 13.3% ROE, 6.2% revenue growth, and 9.6% earnings growth in the most recent quarter. …
Accumulation Zones
Metric CVX TMO
Zone Low $127.47 $373.70
Zone High $144.47 $423.53
In Buy Zone? No No
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