CECO vs TMO vs GENC Stock Comparison

Ceco Environmental, Thermo Fisher Scientific and Gencor Industries Prices as of Oct 23, 2026 Peers: Industry group
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CECO Ceco Environmental Corp
$48.77 -35.0% 1M -4.1% 1Y
Market cap
$2.09B
P/E
–
Revenue (TTM)
$903.17M
Div. yield
–
Pollution Control Equipment Industrials
2 wins
GENC Gencor Industries Inc
$17.38 -0.2% 1M +24.6% 1Y
Market cap
$252.48M
P/E
17.0x
Revenue (TTM)
$110.01M
Div. yield
–
Heavy Equipment Industrials
4 wins

Head to Head

11 decided of 12

Thermo Fisher Scientific leads on 5 of the 12 questions below (Thermo Fisher Scientific 5, Gencor Industries 4, Ceco Environmental 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCECOTMOGENCLeader
Larger companyMarket capitalisation $2.09B $254.18B $252.48M TMO
Cheaper on earningsLower P/E, profitable companies only -68.3x 36.5x 17.0x GENC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.2x 26.1x 15.4x GENC
Faster revenue growthRevenue growth, trailing twelve months +37.6% +7.2% -6.4% CECO
More profitableNet margin, trailing twelve months -3.4% 15.0% 13.5% TMO
Better return on capitalReturn on invested capital -0.3% 7.9% — TMO
Less leveragedLower net debt / EBITDA 23.5x 3.5x — TMO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -4.1% +17.8% +24.6% GENC
Better 5-year returnAnnualised price return, 5 years +48.1%/yr +1.9%/yr +9.4%/yr CECO
Less volatileAnnualised volatility, 1 year 67.3% 29.8% 38.8% TMO
Higher overall scoreMean of the five percentile scores vs peers 49/100 59/100 61/100 GENC

Percentile Scorecard

CECOTMOGENC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCECOTMOGENC
Valuation 70 #7 of 21 60 #93 of 228 64 #74 of 203
Growth 28 #14 of 19 35 #144 of 222 41 #111 of 188
Profitability 56 #8 of 17 83 #37 of 210 38 #117 of 187
Financial Health 43 #13 of 22 28 #174 of 241 100 #1 of 222
Shareholder Returns – 88 #18 of 138 –
Overall 49 59 61
  • CECO ranked among 22 companies in Environmental Equipment
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • GENC ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCECOTMOGENCSPY
1 month -35.0%+1.2%-0.2% -1.0%
3 months -35.5%+18.6%+14.0% +2.9%
6 months -24.8%+43.5%+18.0% +6.4%
Year to date -18.5%+16.3%+34.1% +11.4%
1 year -4.1%+17.8%+24.6% +13.1%
3 years +214.0%+47.1%+22.1% +79.4%
3 years, per year +46.5%+13.7%+6.9% +21.5%
5 years +612.0%+10.1%+56.7% +67.7%
5 years, per year +48.1%+1.9%+9.4% +10.9%
10 years +364.0%+347.3%+42.2% +255.2%
10 years, per year +16.6%+16.2%+3.6% +13.5%

Risk

MeasureCECOTMOGENCSPY
Volatility, 1Y 67.3%29.8%38.8% 12.7%
Downside volatility, 1Y 72.6%28.3%30.7% 12.7%
Beta vs S&P 500, 1Y 1.970.590.83 1.00
Return / volatility, 1Y -0.060.600.63 1.03
Max drawdown, 5Y -51.1%-41.5%-55.7% -25.4%
From 52-week high -51.1%-3.3%-13.7% -2.5%
52-week high $99.67$696.55$20.14 $779.14
52-week low $47.44$438.34$12.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCECOTMOGENC
P/E now vs peer median -69.0xmedian 25.9x 35.9xmedian 30.7x 17.1xmedian 25.9x
P/S now vs peer median 2.3xmedian 2.5x 5.4xmedian 3.0x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 98.0xmedian 19.3x 25.9xmedian 17.7x 3.3xmedian 13.7x
P/FCF now vs peer median -97.8xmedian 25.4x 34.0xmedian 23.7x -132.7xmedian 21.1x
P/B now vs peer median 1.0xmedian 2.0x 4.7xmedian 2.4x 1.0xmedian 2.3x
PEG now vs peer median 1.31median 1.53 4.27median 0.96 2.33median 1.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCECOTMOGENC
Revenue $903.17M $46.34B $110.01M
Gross profit $290.34M $18.91B $31.45M
Operating income -$5.38M $8.15B $12.92M
Net income -$28.18M $6.99B $14.89M
Free cash flow -$21.60M $7.32B -$1.62M
R&D – $1.40B $2.73M
EPS (diluted) $-0.71 $18.78 $1.02
Cash & equivalents $61.10M $4.06B $26.26M
Total debt $1.41B $42.55B –
Shares (diluted) 43.31M 371.00M 14.66M
Enterprise value $1.92B $233.20B -$350.85M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCECOTMOGENC
P/E -69.0x 35.9x 17.1x
P/FCF -97.8x 34.0x -132.7x
P/Operating cash flow -293.3x 27.6x 196.0x
P/S 2.3x 5.4x 1.9x
P/B 1.0x 4.7x 1.0x
P/Tangible book 2.0x 7.3x 1.0x
EV/EBITDA 98.0x 25.9x 3.3x
EV/EBIT -517.0x 35.3x 3.9x
EV/Revenue 3.1x 6.2x 0.5x
EV/FCF -128.7x 39.3x -31.1x
EV/Operating cash flow -385.8x 31.9x 46.0x
PEG (3Y EPS CAGR) 1.31 4.27 2.33

Growth

14 metrics
MetricCECOTMOGENC
Revenue growth (1Y) 37.6% 7.2% -6.4%
Revenue CAGR (3Y) 24.6% 2.1% 0.8%
Gross profit growth (1Y) 25.6% 6.2% -3.3%
Gross profit CAGR (3Y) 26.1% 3.0% 4.7%
Operating income growth (1Y) -105.5% 10.0% -16.6%
Operating income CAGR (3Y) -30.3% 6.7% 2.8%
Net income growth (1Y) -152.2% 6.2% -2.0%
Net income CAGR (3Y) -53.8% 6.9% 7.3%
EPS growth (1Y) -149.3% 7.8% -2.0%
EPS CAGR (3Y) -52.7% 8.4% 7.3%
Operating cash flow growth (1Y) -196.9% 18.9% 796.7%
Operating cash flow CAGR (3Y) -29.1% 5.4% 28.4%
Free cash flow growth (1Y) -27.1% 18.6% -78.4%
Free cash flow CAGR (3Y) -36.0% 7.7% 50.4%

Profitability

14 metrics
MetricCECOTMOGENC
Gross margin 32.1% 40.8% 28.6%
EBITDA margin 3.1% 23.9% 13.7%
Operating margin -0.6% 17.6% 11.7%
Pretax margin -3.9% 16.5% 17.0%
Net margin -3.4% 15.0% 13.5%
FCF margin -2.4% 15.8% -1.5%
Operating cash flow margin -0.8% 19.5% 1.0%
Return on equity -2.3% 13.4% 6.7%
Return on assets -1.2% 6.2% 6.3%
Return on invested capital -0.3% 7.9% –
Return on capital employed -0.3% 8.3% 5.7%
Asset turnover 0.4x 0.4x 0.5x
Cash conversion (OCF / net income) 0.3x 1.3x 0.1x
Stock comp / revenue 2.2% 0.7% –

Financial Health

11 metrics
MetricCECOTMOGENC
Debt / assets 19.5% 37.6% –
Debt / equity 0.3x 0.8x –
Net debt / EBITDA 23.5x 3.5x –
Debt / FCF -33.7x 5.8x –
Liabilities / assets 44.3% 53.4% 5.9%
Equity / assets 55.7% 46.6% 94.1%
Interest coverage -0.2x 5.6x –
Current ratio 1.5x 1.6x 19.2x
Quick ratio 1.0x 1.0x 14.9x
Cash ratio 0.1x 0.3x 14.1x
Altman Z-score 1.12 3.98 11.99

Shareholder Returns

7 metrics
MetricCECOTMOGENC
Dividend yield – 0.3% –
Net buyback yield – 2.0% –
Shareholder yield 0.0% 2.3% –
Payout ratio (earnings) – 9.5% –
Payout ratio (FCF) – 9.0% –
Dividend growth (1Y) – 8.5% –
Dividend CAGR (3Y) – 10.8% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCECOTMOGENC
Forward P/E 20.2xFY2026 26.1xFY2026 15.4xFY2026
EPS, next fiscal year $2.41FY2026 $25.77FY2026 $1.13FY2026
EPS growth, next FY +167.8%FY2026 +12.7%FY2026 +5.6%FY2026
EPS growth, the year after +27.4% +1.8% -15.9%
Revenue, next fiscal year $1.43BFY2026 $49.99BFY2026 $111.17MFY2026
Revenue growth, next FY +84.9%FY2026 +12.2%FY2026 -3.7%FY2026
Revenue growth, the year after +31.3% -2.9% +38.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCECOTMOGENC
Held by institutions 88.3% 90.2% 48.7%
Institutions holding 345 2,621 94
Change in shares held, QoQ +64.8% +0.8% -2.6%
Institutions buying 246 1,141 40
Institutions selling 71 1,144 33
Buyers to sellers 3.46 1.00 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CECOTMOGENC
CECO 1.00 0.06 0.25
TMO 0.06 1.00 0.06
GENC 0.25 0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CECO, TMO and GENC?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Ceco Environmental (CECO) $2.09B, Thermo Fisher Scientific (TMO) $254.18B, Gencor Industries (GENC) $252.48M.

Which stock is cheaper, CECO, TMO and GENC?

Gencor Industries (GENC) trades on the lowest price-to-earnings ratio (Ceco Environmental (CECO) -68.3x, Thermo Fisher Scientific (TMO) 36.5x, Gencor Industries (GENC) 17.0x). On next year's consensus earnings, Gencor Industries (GENC) is cheapest (Ceco Environmental (CECO) 20.2x, Thermo Fisher Scientific (TMO) 26.1x, Gencor Industries (GENC) 15.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ceco Environmental (CECO) grew revenue fastest over the trailing twelve months: Ceco Environmental (CECO) +37.6%, Thermo Fisher Scientific (TMO) +7.2%, Gencor Industries (GENC) -6.4%.

Which company is more profitable?

Thermo Fisher Scientific (TMO) has the highest net margin (Ceco Environmental (CECO) -3.4%, Thermo Fisher Scientific (TMO) 15.0%, Gencor Industries (GENC) 13.5%). On return on invested capital, Thermo Fisher Scientific (TMO) leads (Ceco Environmental (CECO) -0.3%, Thermo Fisher Scientific (TMO) 7.9%).

Which stock has performed better?

Over the past year Gencor Industries (GENC) returned the most: Ceco Environmental (CECO) -4.1%, Thermo Fisher Scientific (TMO) +17.8%, Gencor Industries (GENC) +24.6%. Over five years, Ceco Environmental (CECO) compounded fastest (Ceco Environmental (CECO) +48.1%/yr, Thermo Fisher Scientific (TMO) +1.9%/yr, Gencor Industries (GENC) +9.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ceco Environmental (CECO) 0.00%, Thermo Fisher Scientific (TMO) 0.00%, Gencor Industries (GENC) 0.00%. Ceco Environmental (CECO) and Gencor Industries (GENC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Ceco Environmental (CECO) 67.3%, Thermo Fisher Scientific (TMO) 29.8%, Gencor Industries (GENC) 38.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CECO, TMO and GENC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Thermo Fisher Scientific (TMO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.