JPM vs TMO: Which Is the Better Buy?
Side-by-side comparison of JPMorgan Chase & Co. and Thermo Fisher Scientific Inc. β fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-06-20.
JPMorgan Chase & Co. Β· Financial Services
$325.22
+45.0% upside to fair value
Grade A
High Quality
VS
Thermo Fisher Scientific Inc. Β· Healthcare
$464.61
+7.2% upside to fair value
Grade A
High Quality
QuantHub Verdict
JPM has more upside to fair value
(+45.0%).
JPM trades at a lower forward P/E
(15.6x).
These are model outputs β not personalized investment advice.
See all research β
Valuation & Fundamentals
| Metric |
JPM |
TMO |
| Current Price |
$325.22 |
$464.61 |
| Fair Value Estimate |
$471.57 |
$498.27 |
| Upside to Fair Value |
+45.0%
|
+7.2%
|
| Market Cap |
$871.4B |
$172.7B |
| Forward P/E |
15.6x
|
25.2x
|
| EV / EBITDA |
21.4x
|
19.1x
|
| Price / Sales |
3.1x
|
3.8x
|
| Price / FCF |
6.2x
|
25.6x
|
| Revenue Growth YoY |
+6.9%
|
+6.2%
|
| Gross Margin |
60.9%
|
39.4%
|
| Operating Margin |
26.2%
|
17.8%
|
| Return on Equity |
16.3%
|
13.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
16.18%
|
3.91%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
JPMorgan Chase & Co. is a leading global financial services firm with a diversified banking franchise spanning consumer, corporate, commercial, and asset management segments. The company benefits from a durable competitive moat supported by a long-tenured CEO, strong management continuity, and leading market shares in key banking sectors. Its financial metrics show solid profitability with a retuβ¦
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. β¦
Accumulation Zones
| Metric |
JPM |
TMO |
| Zone Low |
$353.68 |
$373.70 |
| Zone High |
$400.83 |
$423.53 |
| In Buy Zone? |
Yes
|
No
|