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 2026-06-20.
Chevron Corporation · Energy
$173.63
-3.3% upside to fair value
Grade D
VS
Thermo Fisher Scientific Inc. · 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 — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CVX TMO
Current Price $173.63 $464.61
Fair Value Estimate $167.85 $498.27
Upside to Fair Value -3.3% +7.2%
Market Cap $345.8B $172.7B
Forward P/E 30.0x 25.2x
EV / EBITDA 9.3x 19.1x
Price / Sales 1.9x 3.8x
Price / FCF 25.9x 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 3.87% 3.91%
Analyst Consensus Buy Strong Buy
Investment Thesis
CVX — Chevron Corporation
Chevron Corporation is a leading integrated oil and gas company with a strong competitive moat based on its scale, advantaged upstream resource positions, and integrated infrastructure. The company benefits from a stable and experienced leadership team, with CEO Mike Wirth having over 40 years at Chevron and a conservative capital allocation approach focused on dividends and opportunistic buyback…
TMO — 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 $125.89 $373.70
Zone High $142.67 $423.53
In Buy Zone? No No
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