TMO vs VST: Which Is the Better Buy?

Side-by-side comparison of Thermo Fisher Scientific Inc. and Vistra Corp. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-08-06.
Thermo Fisher Scientific Inc. Β· Healthcare
$464.61
+7.2% upside to fair value
Grade A High Quality
VS
Vistra Corp. Β· Utilities
$140.58
+20.9% upside to fair value
Med Conviction Grade B
QuantHub Verdict
VST has more upside to fair value (+20.9%). VST trades at a lower forward P/E (15.4x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric TMO VST
Current Price $464.61 $140.58
Fair Value Estimate $498.27 $170.00
Upside to Fair Value +7.2% +20.9%
Market Cap $172.7B $47.4B
Forward P/E 25.2x 15.4x
EV / EBITDA 19.1x 9.3x
Price / Sales 3.8x 2.9x
Price / FCF 25.6x 42.5x
Revenue Growth YoY +6.2% +20.0%
Gross Margin 39.4% 12.7%
Operating Margin 17.8% 2.1%
Return on Equity 13.3% 35.0%
Dividend Yield 0% 0.65%
FCF Yield 3.91% 2.4%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
TMO β€” 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. …
VST β€” Vistra Corp.
Vistra is an integrated merchant power producer and retail electricity supplier with roughly 38,700 MW of generation across natural gas, nuclear, coal, solar and battery storage, plus a roughly 4.3 million customer retail book (TXU and affiliated brands) across 20 states. The 2024 Energy Harbor deal made it the second-largest nuclear operator in the US, and that nuclear and gas fleet is now centr…
Accumulation Zones
Metric TMO VST
Zone Low $373.70 $128.00
Zone High $423.53 $145.00
In Buy Zone? No Yes
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