QCOM vs TMO: Which Is the Better Buy?

Side-by-side comparison of QUALCOMM Incorporated and Thermo Fisher Scientific Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-26.
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction Grade D 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 QCOM TMO
Current Price $201.97 $658.32
Fair Value Estimate $159.42 $863.34
Upside to Fair Value -21.1% +31.1%
Market Cap $212.1B $244.7B
Forward P/E — —
EV / EBITDA 16.5x 25.9x
Price / Sales 4.8x 5.3x
Price / FCF 20.5x 33.4x
Revenue Growth YoY -4.0% +10.5%
Gross Margin 54.2% 40.4%
Operating Margin 23.2% 17.7%
Return on Equity 37.3% 13.4%
Dividend Yield 1.79% 0.28%
FCF Yield 4.88% 3.0%
Analyst Consensus Hold Strong Buy
Investment Thesis
QCOM — QUALCOMM Incorporated
Qualcomm develops foundational wireless technologies and monetizes them through two main engines: QCT, which supplies Snapdragon application processors and modems, and QTL, which licenses a standards-essential patent portfolio covering CDMA2000, WCDMA, LTE and 5G. The licensing arm and the company's entrenched position in premium Android handsets give it a genuinely high-quality business, evidenc…
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 QCOM TMO
Zone Low $119.56 $647.50
Zone High $135.51 $733.84
In Buy Zone? No Yes
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