GELS vs TMO vs WST Stock Comparison

Gelteq, Thermo Fisher Scientific and West Pharmaceutical Services Prices as of Oct 26, 2026 Peers: Industry group
GELS Gelteq Ltd
$0.45 -18.2% 1M -63.7% 1Y
Market cap
$4.04M
P/E
–
Revenue (TTM)
—
Div. yield
–
Contract Manufacturing Healthcare

Head to Head

8 decided of 12

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

QuestionGELSTMOWSTLeader
Larger companyMarket capitalisation $4.04M $258.05B $28.13B TMO
Cheaper on earningsLower P/E, profitable companies only — 36.5x 49.8x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 26.6x 41.3x TMO
Faster revenue growthRevenue growth, trailing twelve months — +8.3% +12.4% WST
More profitableNet margin, trailing twelve months — — 17.0% –
Better return on capitalReturn on invested capital — — 16.9% –
Less leveragedLower net debt / EBITDA — — -0.3x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -63.7% +19.6% +32.8% WST
Better 5-year returnAnnualised price return, 5 years — +2.3%/yr -1.3%/yr TMO
Less volatileAnnualised volatility, 1 year 159.8% 29.9% 31.3% TMO
Higher overall scoreMean of the five percentile scores vs peers — 51/100 67/100 WST

Percentile Scorecard

GELSTMOWST

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

AxisGELSTMOWST
Valuation – 49 #116 of 228 47 #122 of 228
Growth – 40 #133 of 221 40 #134 of 221
Profitability – 70 #63 of 208 92 #18 of 208
Financial Health 67 #5 of 13 – 77 #55 of 239
Shareholder Returns – 44 #77 of 137 81 #27 of 137
Overall – 51 67
  • GELS ranked among 13 companies in Pharma Services
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • WST 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

PeriodGELSTMOWSTSPY
1 month -18.2%+1.7%+6.6% -0.8%
3 months -31.8%+22.4%+19.2% +3.5%
6 months -35.3%+46.3%+30.7% +7.0%
Year to date -43.8%+18.2%+43.5% +12.2%
1 year -63.7%+19.6%+32.8% +13.0%
3 years —+58.7%+23.1% +86.3%
3 years, per year —+16.7%+7.2% +23.1%
5 years —+11.8%-6.3% +68.6%
5 years, per year —+2.3%-1.3% +11.0%
10 years —+362.6%+459.6% +258.0%
10 years, per year —+16.6%+18.8% +13.6%

Risk

MeasureGELSTMOWSTSPY
Volatility, 1Y 159.8%29.9%31.3% 12.7%
Downside volatility, 1Y 122.0%28.3%30.8% 12.7%
Beta vs S&P 500, 1Y 2.060.620.62 1.00
Return / volatility, 1Y -0.400.661.05 1.02
Max drawdown, 5Y -91.9%-41.5%-59.6% -25.4%
From 52-week high -70.6%-1.7%0.0% -1.8%
52-week high $1.53$696.55$394.93 $779.14
52-week low $0.39$438.34$230.95 $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.

MultipleGELSTMOWST
P/E now vs peer median —median 36.5x 35.9xmedian 30.6x 49.5xmedian 30.6x
P/S now vs peer median —median 2.7x 5.3xmedian 3.0x 8.4xmedian 3.0x
EV/EBITDA now vs peer median —median 37.7x —median 17.5x 32.0xmedian 17.5x
P/FCF now vs peer median -6.8xmedian 20.7x 34.0xmedian 23.3x 63.6xmedian 23.3x
P/B now vs peer median 0.5xmedian 2.9x 4.6xmedian 2.4x 9.3xmedian 2.4x
PEG now vs peer median —median 2.04 4.74median 0.87 10.27median 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 monthsGELSTMOWST
Revenue – $47.35B $3.33B
Gross profit – – $1.22B
Operating income – $8.47B $680.40M
Net income – $7.09B $564.90M
Free cash flow – – $436.90M
R&D – $1.40B $74.40M
EPS (diluted) – $19.06 $7.92
Cash & equivalents $6.26K $5.46B $435.80M
Total debt $8.91M – $202.90M
Shares (diluted) 9.27M 371.00M 71.30M
Enterprise value $1.89M $258.05B $25.75B

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
MetricGELSTMOWST
P/E – 35.9x 49.5x
P/FCF -6.8x 34.0x 63.6x
P/Operating cash flow – 27.2x 42.0x
P/S – 5.3x 8.4x
P/B 0.5x 4.6x 9.3x
P/Tangible book -1.4x 6.9x 9.3x
EV/EBITDA – – 32.0x
EV/EBIT – – 40.5x
EV/Revenue – 5.3x 8.3x
EV/FCF – – 63.1x
EV/Operating cash flow – 27.2x 41.6x
PEG (3Y EPS CAGR) – 4.74 10.27

Growth

14 metrics
MetricGELSTMOWST
Revenue growth (1Y) – 8.3% 12.4%
Revenue CAGR (3Y) – 2.9% 5.1%
Gross profit growth (1Y) – – 17.2%
Gross profit CAGR (3Y) – – 3.8%
Operating income growth (1Y) – 12.8% 17.0%
Operating income CAGR (3Y) – 7.2% 1.3%
Net income growth (1Y) – 7.9% 15.8%
Net income CAGR (3Y) – 6.2% 2.9%
EPS growth (1Y) – 9.7% 17.8%
EPS CAGR (3Y) – 7.6% 4.8%
Operating cash flow growth (1Y) – 21.9% -2.1%
Operating cash flow CAGR (3Y) – 4.5% -2.2%
Free cash flow growth (1Y) – – 27.0%
Free cash flow CAGR (3Y) – – 3.3%

Profitability

14 metrics
MetricGELSTMOWST
Gross margin – – 36.8%
EBITDA margin – – 25.9%
Operating margin – – 20.5%
Pretax margin – – 20.8%
Net margin – – 17.0%
FCF margin – – 13.1%
Operating cash flow margin – 19.7% 19.9%
Return on equity – 13.2% 18.4%
Return on assets – 6.2% 13.4%
Return on invested capital – – 16.9%
Return on capital employed – – 19.7%
Asset turnover – 0.4x 0.8x
Cash conversion (OCF / net income) – 1.3x 1.2x
Stock comp / revenue – – 1.0%

Financial Health

11 metrics
MetricGELSTMOWST
Debt / assets 0.1% – 5.0%
Debt / equity 0.0x – 0.1x
Net debt / EBITDA – – -0.3x
Debt / FCF – – 0.5x
Liabilities / assets 29.4% – 26.6%
Equity / assets 70.6% 47.9% 73.4%
Interest coverage – – 151.2x
Current ratio 0.1x 1.8x 2.8x
Quick ratio 0.1x – 1.8x
Cash ratio 0.0x – 0.7x
Altman Z-score – – 18.66

Shareholder Returns

7 metrics
MetricGELSTMOWST
Dividend yield – 0.3% 0.2%
Net buyback yield – – 1.5%
Shareholder yield – 0.3% 1.8%
Payout ratio (earnings) – – 11.0%
Payout ratio (FCF) – – 14.3%
Dividend growth (1Y) – – 3.8%
Dividend CAGR (3Y) – – 3.8%

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.

ConsensusGELSTMOWST
Forward P/E – 26.6xFY2026 41.3xFY2026
EPS, next fiscal year – $25.77FY2026 $9.56FY2026
EPS growth, next FY – +12.7%FY2026 +31.1%FY2026
EPS growth, the year after – +1.8% +10.8%
Revenue, next fiscal year – $50.00BFY2026 $3.24BFY2026
Revenue growth, next FY – +12.2%FY2026 +5.6%FY2026
Revenue growth, the year after – -2.9% +16.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGELSTMOWST
Held by institutions – 90.2% 99.5%
Institutions holding – 2,621 833
Change in shares held, QoQ – +0.8% -0.9%
Institutions buying – 1,141 448
Institutions selling – 1,144 261
Buyers to sellers – 1.00 1.72

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.

GELSTMOWST
GELS 1.00 0.05 0.02
TMO 0.05 1.00 0.23
WST 0.02 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GELS, TMO and WST?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Gelteq (GELS) $4.04M, Thermo Fisher Scientific (TMO) $258.05B, West Pharmaceutical Services (WST) $28.13B.

Which stock is cheaper, GELS, TMO and WST?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (Thermo Fisher Scientific (TMO) 36.5x, West Pharmaceutical Services (WST) 49.8x). On next year's consensus earnings, Thermo Fisher Scientific (TMO) is cheapest (Thermo Fisher Scientific (TMO) 26.6x, West Pharmaceutical Services (WST) 41.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

West Pharmaceutical Services (WST) grew revenue fastest over the trailing twelve months: Thermo Fisher Scientific (TMO) +8.3%, West Pharmaceutical Services (WST) +12.4%.

Which stock has performed better?

Over the past year West Pharmaceutical Services (WST) returned the most: Gelteq (GELS) -63.7%, Thermo Fisher Scientific (TMO) +19.6%, West Pharmaceutical Services (WST) +32.8%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (Thermo Fisher Scientific (TMO) +2.3%/yr, West Pharmaceutical Services (WST) -1.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Gelteq (GELS) 0.00%, Thermo Fisher Scientific (TMO) 0.00%, West Pharmaceutical Services (WST) 0.00%. Gelteq (GELS) and Thermo Fisher Scientific (TMO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Gelteq (GELS) 159.8%, Thermo Fisher Scientific (TMO) 29.9%, West Pharmaceutical Services (WST) 31.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GELS, TMO and WST?

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.