LLY vs TMO: Which Is the Better Buy?

Side-by-side comparison of Eli Lilly and Company and Thermo Fisher Scientific Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-26.
Eli Lilly and Company · Healthcare
$1,183.72
+2.1% 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
TMO has more upside to fair value (+31.1%). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric LLY TMO
Current Price $1,183.72 $658.32
Fair Value Estimate $1,208.00 $863.34
Upside to Fair Value +2.1% +31.1%
Market Cap $1,114.8B $244.7B
Forward P/E — —
EV / EBITDA 26.8x 25.9x
Price / Sales 14.0x 5.3x
Price / FCF 52.7x 33.4x
Revenue Growth YoY +47.7% +10.5%
Gross Margin 83.4% 40.4%
Operating Margin 49.7% 17.7%
Return on Equity 92.6% 13.4%
Dividend Yield 0.57% 0.28%
FCF Yield 1.9% 3.0%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
LLY — Eli Lilly and Company
Eli Lilly is a global pharmaceutical company whose incretin franchise, led by Mounjaro and Zepbound, has become the dominant growth engine in diabetes and obesity care. The business quality is high: TTM gross margin is 83.4%, TTM operating margin is 49.7%, TTM net margin is 33.5%, and ROE is 92.6%, while revenue grew 47.7% and earnings grew 25.3% in the most recent quarter on a year-over-year bas…
TMO — Thermo Fisher Scientific Inc.
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 LLY TMO
Zone Low $906.00 $647.50
Zone High $1,026.80 $733.84
In Buy Zone? No Yes
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