CTKB vs TMO vs DHR Stock Comparison

Cytek Biosciences, Thermo Fisher Scientific and Danaher Prices as of Oct 28, 2026 Peers: Industry group
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CTKB Cytek Biosciences, Inc.
$6.14 +7.0% 1M +46.2% 1Y
Market cap
$794.89M
P/E
–
Revenue (TTM)
$206.71M
Div. yield
–
Life Sciences Tools Healthcare
1 win
DHR Danaher Corp /De/
$234.09 +2.9% 1M +7.9% 1Y
Market cap
$165.28B
P/E
41.3x
Revenue (TTM)
$25.11B
Div. yield
–
Life Sciences Tools Healthcare
3 wins

Head to Head

9 decided of 12

Thermo Fisher Scientific leads on 5 of the 12 questions below (Thermo Fisher Scientific 5, Danaher 3, Cytek Biosciences 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCTKBTMODHRLeader
Larger companyMarket capitalisation $794.89M $260.53B $165.28B TMO
Cheaper on earningsLower P/E, profitable companies only -9.9x 36.8x 41.3x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 27.2x 25.7x DHR
Faster revenue growthRevenue growth, trailing twelve months +5.4% +8.3% +4.6% TMO
More profitableNet margin, trailing twelve months -39.0% — 15.9% DHR
Better return on capitalReturn on invested capital — — 5.7% –
Less leveragedLower net debt / EBITDA — — 2.9x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +46.2% +26.4% +7.9% CTKB
Better 5-year returnAnnualised price return, 5 years -23.1%/yr +2.2%/yr -5.6%/yr TMO
Less volatileAnnualised volatility, 1 year 55.8% 29.8% 30.6% TMO
Higher overall scoreMean of the five percentile scores vs peers 41/100 51/100 60/100 DHR

Percentile Scorecard

CTKBTMODHR

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

AxisCTKBTMODHR
Valuation 54 #104 of 227 49 #116 of 227 69 #72 of 227
Growth 4 #211 of 219 40 #132 of 219 22 #172 of 219
Profitability 46 #112 of 205 71 #61 of 205 88 #26 of 205
Financial Health 53 #112 of 237 – 46 #129 of 237
Shareholder Returns 47 #72 of 135 44 #76 of 135 75 #34 of 135
Overall 41 51 60
  • CTKB ranked among 247 companies in Medical Devices and Diagnostics
  • TMO ranked among 247 companies in Medical Devices and Diagnostics
  • DHR ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodCTKBTMODHRSPY
1 month +7.0%+3.9%+2.9% +0.9%
3 months +40.2%+22.3%+19.1% +5.9%
6 months +38.3%+51.2%+30.9% +8.5%
Year to date +21.6%+21.6%+2.3% +13.3%
1 year +46.2%+26.4%+7.9% +12.4%
3 years +41.8%+63.4%+24.6% +88.1%
3 years, per year +12.4%+17.8%+7.6% +23.5%
5 years -73.1%+11.3%-24.9% +68.2%
5 years, per year -23.1%+2.2%-5.6% +11.0%
10 years —+378.8%+199.4% +263.4%
10 years, per year —+17.0%+11.6% +13.8%

Risk

MeasureCTKBTMODHRSPY
Volatility, 1Y 55.8%29.8%30.6% 12.7%
Downside volatility, 1Y 55.0%28.4%31.7% 12.7%
Beta vs S&P 500, 1Y 0.870.620.45 1.00
Return / volatility, 1Y 0.830.880.26 0.98
Max drawdown, 5Y -90.3%-41.5%-50.8% -25.4%
From 52-week high 0.0%0.0%-3.3% -0.9%
52-week high $6.14$704.77$242.05 $779.14
52-week low $3.36$438.34$161.91 $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.

MultipleCTKBTMODHR
P/E now vs peer median -9.9xmedian 28.8x 37.0xmedian 28.8x 41.2xmedian 28.8x
P/S now vs peer median 3.9xmedian 3.0x 5.5xmedian 3.0x 6.6xmedian 3.0x
EV/EBITDA now vs peer median -19.6xmedian 17.4x —median 17.4x 24.4xmedian 17.4x
P/FCF now vs peer median -66.1xmedian 25.7x 34.0xmedian 25.7x 30.1xmedian 25.7x
P/B now vs peer median 2.5xmedian 2.4x 4.8xmedian 2.4x 3.1xmedian 2.4x
PEG now vs peer median 0.07median 1.03 4.88median 1.03 -3.29median 1.03

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 monthsCTKBTMODHR
Revenue $206.71M $47.35B $25.11B
Gross profit $110.03M – $14.69B
Operating income -$44.65M $8.47B $5.13B
Net income -$80.58M $7.09B $4.00B
Free cash flow -$12.08M – $5.47B
R&D $37.26M $1.40B $1.62B
EPS (diluted) $-0.62 $19.06 $5.66
Cash & equivalents $73.85M $5.46B $4.35B
Total debt – – $26.56B
Shares (diluted) 129.46M 371.00M 707.60M
Enterprise value $471.16M $260.53B $149.08B

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
MetricCTKBTMODHR
P/E -9.9x 37.0x 41.2x
P/FCF -66.1x 34.0x 30.1x
P/Operating cash flow -132.2x 27.9x 24.8x
P/S 3.9x 5.5x 6.6x
P/B 2.5x 4.8x 3.1x
P/Tangible book 2.6x 7.1x 5.3x
EV/EBITDA -19.6x – 24.4x
EV/EBIT -16.2x – 36.4x
EV/Revenue 3.5x 5.5x 7.4x
EV/FCF -60.0x – 34.2x
EV/Operating cash flow -119.9x 27.9x 28.1x
PEG (3Y EPS CAGR) 0.07 4.88 -3.29

Growth

14 metrics
MetricCTKBTMODHR
Revenue growth (1Y) 5.4% 8.3% 4.6%
Revenue CAGR (3Y) 5.6% 2.9% -0.5%
Gross profit growth (1Y) 3.1% – 2.6%
Gross profit CAGR (3Y) 1.4% – -0.9%
Operating income growth (1Y) -66.2% 12.8% 16.1%
Operating income CAGR (3Y) -31.0% 7.2% -7.1%
Net income growth (1Y) -1,159% 7.9% 17.3%
Net income CAGR (3Y) -139.7% 6.2% -14.3%
EPS growth (1Y) -1,134% 9.7% 19.2%
EPS CAGR (3Y) -141.6% 7.6% -12.5%
Operating cash flow growth (1Y) -139.7% 21.9% 7.6%
Operating cash flow CAGR (3Y) -66.7% 4.5% -7.6%
Free cash flow growth (1Y) -211.1% – 12.4%
Free cash flow CAGR (3Y) -3.9% – -9.0%

Profitability

14 metrics
MetricCTKBTMODHR
Gross margin 53.2% – 58.5%
EBITDA margin -17.9% – 30.5%
Operating margin -21.6% – 20.4%
Pretax margin -19.7% – 19.0%
Net margin -39.0% – 15.9%
FCF margin -5.8% – 21.8%
Operating cash flow margin -2.9% 19.7% 26.4%
Return on equity -24.8% 13.2% 7.6%
Return on assets -18.0% 6.2% 4.5%
Return on invested capital – – 5.7%
Return on capital employed -12.3% – 6.4%
Asset turnover 0.5x 0.4x 0.3x
Cash conversion (OCF / net income) 0.1x 1.3x 1.7x
Stock comp / revenue 10.3% – 1.2%

Financial Health

11 metrics
MetricCTKBTMODHR
Debt / assets – – 28.8%
Debt / equity – – 0.5x
Net debt / EBITDA – – 2.9x
Debt / FCF – – 4.9x
Liabilities / assets 28.0% – 43.1%
Equity / assets 72.0% 47.9% 56.9%
Interest coverage -143.1x – 17.6x
Current ratio 4.5x 1.8x 1.7x
Quick ratio 1.5x – 1.0x
Cash ratio 0.9x – 0.5x
Altman Z-score 4.34 – 3.74

Shareholder Returns

7 metrics
MetricCTKBTMODHR
Dividend yield – 0.3% 0.6%
Net buyback yield -0.2% – 1.8%
Shareholder yield -0.2% 0.3% 2.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusCTKBTMODHR
Forward P/E – 27.2xFY2026 25.7xFY2026
EPS, next fiscal year $-0.32FY2026 $25.91FY2026 $9.11FY2026
EPS growth, next FY – +13.3%FY2026 +16.8%FY2026
EPS growth, the year after – +2.0% +8.0%
Revenue, next fiscal year $197.36MFY2026 $50.12BFY2026 $27.01BFY2026
Revenue growth, next FY -2.1%FY2026 +12.5%FY2026 +9.9%FY2026
Revenue growth, the year after +9.9% -2.8% -1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCTKBTMODHR
Held by institutions 62.8% 90.2% 81.9%
Institutions holding 156 2,623 2,117
Change in shares held, QoQ -4.1% +0.8% +1.1%
Institutions buying 75 1,143 839
Institutions selling 64 1,144 1,015
Buyers to sellers 1.17 1.00 0.83

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.

CTKBTMODHR
CTKB 1.00 0.47 0.41
TMO 0.47 1.00 0.72
DHR 0.41 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CTKB, TMO and DHR?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Cytek Biosciences (CTKB) $794.89M, Thermo Fisher Scientific (TMO) $260.53B, Danaher (DHR) $165.28B.

Which stock is cheaper, CTKB, TMO and DHR?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (Cytek Biosciences (CTKB) -9.9x, Thermo Fisher Scientific (TMO) 36.8x, Danaher (DHR) 41.3x). On next year's consensus earnings, Danaher (DHR) is cheapest (Thermo Fisher Scientific (TMO) 27.2x, Danaher (DHR) 25.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: Cytek Biosciences (CTKB) +5.4%, Thermo Fisher Scientific (TMO) +8.3%, Danaher (DHR) +4.6%.

Which company is more profitable?

Danaher (DHR) has the highest net margin (Cytek Biosciences (CTKB) -39.0%, Danaher (DHR) 15.9%).

Which stock has performed better?

Over the past year Cytek Biosciences (CTKB) returned the most: Cytek Biosciences (CTKB) +46.2%, Thermo Fisher Scientific (TMO) +26.4%, Danaher (DHR) +7.9%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (Cytek Biosciences (CTKB) -23.1%/yr, Thermo Fisher Scientific (TMO) +2.2%/yr, Danaher (DHR) -5.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Cytek Biosciences (CTKB) 55.8%, Thermo Fisher Scientific (TMO) 29.8%, Danaher (DHR) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CTKB, TMO and DHR?

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.