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 2026-05-04.
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
VS
Thermo Fisher Scientific Inc. · Healthcare
$462.60
+10.1% upside to fair value
Grade B
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
TMO trades at a lower forward P/E
(25.1x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
TMO |
| Current Price |
$134.47 |
$462.60 |
| Fair Value Estimate |
$239.00 |
$509.20 |
| Upside to Fair Value |
+77.7%
|
+10.1%
|
| Market Cap |
$143.6B |
$171.9B |
| Forward P/E |
26.8x
|
25.1x
|
| EV / EBITDA |
—
|
19.0x
|
| Price / Sales |
3.2x
|
3.8x
|
| Price / FCF |
11.1x
|
25.5x
|
| Revenue Growth YoY |
+8.7%
|
+6.2%
|
| Gross Margin |
55.1%
|
39.4%
|
| Operating Margin |
27.1%
|
17.8%
|
| Return on Equity |
21.6%
|
13.3%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
9.0%
|
3.92%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Qualcomm Incorporated is a leading semiconductor company specializing in wireless chipsets and IP licensing, with dominant positions in 5G modems via QCT (87% of revenue) and steady QTL royalties. The business excels through a vast patent moat, diversification into automotive and IoT, and robust growth (revenue +13% YoY to $44B in FY2025), but faces risks from Apple modem shifts and China exposur…
Thermo Fisher Scientific Inc. operates in the healthcare sector, specializing in medical diagnostics and research tools across four main segments: Laboratory Products and Biopharma Services, Life Sciences Solutions, Analytical Instruments, and Specialty Diagnostics. The company demonstrates medium business quality with steady revenue growth of 6.2% and earnings growth of 9.6% in the most recent q…
Accumulation Zones
| Metric |
QCOM |
TMO |
| Zone Low |
$179.00 |
$381.90 |
| Zone High |
$203.00 |
$432.82 |
| In Buy Zone? |
Yes
|
No
|