CVX vs TMO: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Thermo Fisher Scientific Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
Chevron Corporation · Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
VS
Thermo Fisher Scientific Inc. · Healthcare
$658.32
+31.1% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
CVX has more upside to fair value
(+35.9%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
TMO |
| Current Price |
$205.52 |
$658.32 |
| Fair Value Estimate |
$279.29 |
$863.34 |
| Upside to Fair Value |
+35.9%
|
+31.1%
|
| Market Cap |
$409.3B |
$244.7B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
7.8x
|
25.9x
|
| Price / Sales |
2.0x
|
5.3x
|
| Price / FCF |
15.0x
|
33.4x
|
| Revenue Growth YoY |
+51.4%
|
+10.5%
|
| Gross Margin |
31.0%
|
40.4%
|
| Operating Margin |
15.8%
|
17.7%
|
| Return on Equity |
11.0%
|
13.4%
|
| Dividend Yield |
3.43% |
0.28% |
| FCF Yield |
6.67%
|
3.0%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron is a global integrated oil and gas major organized into Upstream and Downstream segments, spanning crude oil and natural gas exploration, LNG processing and transport, refining, petrochemicals, and lubricants, with 43,039 full-time employees and a market capitalization of $409.31 billion at a current price of $205.52. The business quality is high: it generates $13.71 of free cash flow per…
Thermo Fisher Scientific is a global life-sciences and laboratory-services platform spanning Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services, with recognized brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Patheon, and PPD, serving pharmaceutical, biotech, clinical, academic, and governme…
Accumulation Zones
| Metric |
CVX |
TMO |
| Zone Low |
$209.47 |
$647.50 |
| Zone High |
$237.40 |
$733.84 |
| In Buy Zone? |
Yes
|
Yes
|