EVO vs MEDP vs TMO Stock Comparison

Evotec SE, Medpace Holdings and Thermo Fisher Scientific Prices as of Oct 26, 2026 Peers: Industry group
EVO Evotec SE
$1.52 -1.9% 1M -62.9% 1Y
Market cap
$555.82M
P/E
–
Revenue (TTM)
—
Div. yield
–
Contract Research Healthcare
MEDP Medpace Holdings, Inc.
$676.77 +9.4% 1M +11.8% 1Y
Market cap
$18.84B
P/E
36.4x
Revenue (TTM)
$2.84B
Div. yield
–
Contract Research Healthcare
4 wins

Head to Head

8 decided of 12

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

QuestionEVOMEDPTMOLeader
Larger companyMarket capitalisation $555.82M $18.84B $257.69B TMO
Cheaper on earningsLower P/E, profitable companies only — 36.4x 36.4x MEDP
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 38.0x 26.4x TMO
Faster revenue growthRevenue growth, trailing twelve months — +20.4% +8.3% MEDP
More profitableNet margin, trailing twelve months — 18.2% — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -62.9% +11.8% +19.6% TMO
Better 5-year returnAnnualised price return, 5 years — +26.3%/yr +2.3%/yr MEDP
Less volatileAnnualised volatility, 1 year 58.0% 45.6% 29.9% TMO
Higher overall scoreMean of the five percentile scores vs peers — 75/100 51/100 MEDP

Percentile Scorecard

EVOMEDPTMO

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

AxisEVOMEDPTMO
Valuation – 50 #6 of 11 49 #116 of 228
Growth – 100 #1 of 11 40 #133 of 221
Profitability – 100 #1 of 11 70 #63 of 208
Financial Health 92 #2 of 13 50 #7 of 13 –
Shareholder Returns – – 44 #77 of 137
Overall – 75 51
  • EVO ranked among 13 companies in Pharma Services
  • MEDP ranked among 13 companies in Pharma Services
  • TMO ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodEVOMEDPTMOSPY
1 month -1.9%+9.4%+1.7% -0.8%
3 months -20.8%+14.8%+22.4% +3.5%
6 months -51.6%+60.6%+46.3% +7.0%
Year to date -50.6%+20.5%+18.2% +12.2%
1 year -62.9%+11.8%+19.6% +13.0%
3 years -81.8%+170.4%+58.7% +86.3%
3 years, per year -43.4%+39.3%+16.7% +23.1%
5 years —+221.4%+11.8% +68.6%
5 years, per year —+26.3%+2.3% +11.0%
10 years —+2,181.0%+362.6% +258.0%
10 years, per year —+36.7%+16.6% +13.6%

Risk

MeasureEVOMEDPTMOSPY
Volatility, 1Y 58.0%45.6%29.9% 12.7%
Downside volatility, 1Y 65.3%54.2%28.3% 12.7%
Beta vs S&P 500, 1Y 1.490.680.62 1.00
Return / volatility, 1Y -1.080.260.66 1.02
Max drawdown, 5Y -94.6%-42.9%-41.5% -25.4%
From 52-week high -63.4%0.0%-1.7% -1.8%
52-week high $4.15$676.77$696.55 $779.14
52-week low $1.35$393.42$438.34 $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.

MultipleEVOMEDPTMO
P/E now vs peer median —median 36.5x 36.5xmedian 36.5x 35.9xmedian 30.6x
P/S now vs peer median —median 2.7x 6.7xmedian 2.7x 5.3xmedian 3.0x
EV/EBITDA now vs peer median —median 37.7x 28.7xmedian 37.7x —median 17.5x
P/FCF now vs peer median —median 20.7x 28.3xmedian 20.7x 34.0xmedian 23.3x
P/B now vs peer median 0.7xmedian 2.9x 32.4xmedian 2.9x 4.6xmedian 2.4x
PEG now vs peer median —median 2.04 1.28median 2.04 4.74median 0.87

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 monthsEVOMEDPTMO
Revenue – $2.84B $47.35B
Gross profit – $827.16M –
Operating income – $607.14M $8.47B
Net income – $517.83M $7.09B
Free cash flow – $667.63M –
R&D – – $1.40B
EPS (diluted) – $18.25 $19.06
Cash & equivalents $397.89M $705.32M $5.46B
Total debt $1.96B – –
Shares (diluted) – 28.37M 371.00M
Enterprise value -$1.06B $16.48B $257.69B

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
MetricEVOMEDPTMO
P/E – 36.5x 35.9x
P/FCF – 28.3x 34.0x
P/Operating cash flow – 26.2x 27.2x
P/S – 6.7x 5.3x
P/B 0.7x 32.4x 4.6x
P/Tangible book 0.7x 34.3x 6.9x
EV/EBITDA – 28.7x –
EV/EBIT – 30.0x –
EV/Revenue – 6.4x 5.3x
EV/FCF – 27.3x –
EV/Operating cash flow – 25.2x 27.2x
PEG (3Y EPS CAGR) – 1.28 4.74

Growth

14 metrics
MetricEVOMEDPTMO
Revenue growth (1Y) – 20.4% 8.3%
Revenue CAGR (3Y) – 16.8% 2.9%
Gross profit growth (1Y) – 12.8% –
Gross profit CAGR (3Y) – 18.0% –
Operating income growth (1Y) – 19.7% 12.8%
Operating income CAGR (3Y) – 23.0% 7.2%
Net income growth (1Y) – 19.6% 7.9%
Net income CAGR (3Y) – 23.8% 6.2%
EPS growth (1Y) – 21.5% 9.7%
EPS CAGR (3Y) – 28.5% 7.6%
Operating cash flow growth (1Y) – 1.7% 21.9%
Operating cash flow CAGR (3Y) – 20.5% 4.5%
Free cash flow growth (1Y) – -1.4% –
Free cash flow CAGR (3Y) – 20.9% –

Profitability

14 metrics
MetricEVOMEDPTMO
Gross margin – 29.1% –
EBITDA margin – 22.4% –
Operating margin – 21.4% –
Pretax margin – 22.1% –
Net margin – 18.2% –
FCF margin – 23.5% –
Operating cash flow margin – 25.5% 19.7%
Return on equity – 101.7% 13.2%
Return on assets – 23.8% 6.2%
Return on invested capital – – –
Return on capital employed – 88.8% –
Asset turnover – 1.3x 0.4x
Cash conversion (OCF / net income) – 1.4x 1.3x
Stock comp / revenue – 0.8% –

Financial Health

11 metrics
MetricEVOMEDPTMO
Debt / assets 30.2% – –
Debt / equity 0.7x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 57.7% 74.6% –
Equity / assets 42.3% 25.4% 47.9%
Interest coverage – – –
Current ratio 2.3x 0.8x 1.8x
Quick ratio 1.6x 0.8x –
Cash ratio 1.2x 0.5x –
Altman Z-score – 8.36 –

Shareholder Returns

7 metrics
MetricEVOMEDPTMO
Dividend yield – – 0.3%
Net buyback yield – 1.3% –
Shareholder yield 0.0% 1.3% 0.3%
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.

ConsensusEVOMEDPTMO
Forward P/E – 38.0xFY2026 26.4xFY2026
EPS, next fiscal year $-0.72FY2026 $17.80FY2026 $25.91FY2026
EPS growth, next FY – +16.5%FY2026 +13.3%FY2026
EPS growth, the year after – +6.2% +2.0%
Revenue, next fiscal year $682.51MFY2026 $2.94BFY2026 $50.12BFY2026
Revenue growth, next FY -26.0%FY2026 +16.4%FY2026 +12.5%FY2026
Revenue growth, the year after +23.4% +6.0% -2.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEVOMEDPTMO
Held by institutions 0.9% 87.8% 90.2%
Institutions holding 35 693 2,621
Change in shares held, QoQ -60.2% +3.2% +0.8%
Institutions buying 18 279 1,141
Institutions selling 7 302 1,144
Buyers to sellers 2.57 0.92 1.00

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.

EVOMEDPTMO
EVO 1.00 0.21 0.27
MEDP 0.21 1.00 0.63
TMO 0.27 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EVO, MEDP and TMO?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Evotec SE (EVO) $555.82M, Medpace Holdings (MEDP) $18.84B, Thermo Fisher Scientific (TMO) $257.69B.

Which stock is cheaper, EVO, MEDP and TMO?

Medpace Holdings (MEDP) trades on the lowest price-to-earnings ratio (Medpace Holdings (MEDP) 36.4x, Thermo Fisher Scientific (TMO) 36.4x). On next year's consensus earnings, Thermo Fisher Scientific (TMO) is cheapest (Medpace Holdings (MEDP) 38.0x, Thermo Fisher Scientific (TMO) 26.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Medpace Holdings (MEDP) grew revenue fastest over the trailing twelve months: Medpace Holdings (MEDP) +20.4%, Thermo Fisher Scientific (TMO) +8.3%.

Which stock has performed better?

Over the past year Thermo Fisher Scientific (TMO) returned the most: Evotec SE (EVO) -62.9%, Medpace Holdings (MEDP) +11.8%, Thermo Fisher Scientific (TMO) +19.6%. Over five years, Medpace Holdings (MEDP) compounded fastest (Medpace Holdings (MEDP) +26.3%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Evotec SE (EVO) 58.0%, Medpace Holdings (MEDP) 45.6%, Thermo Fisher Scientific (TMO) 29.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EVO, MEDP and TMO?

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 4. 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.