GELS vs VTRS vs TMO Stock Comparison

Gelteq, Viatris and Thermo Fisher Scientific Prices as of Nov 5, 2026 Peers: Industry group
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GELS Gelteq Ltd
$0.46 -19.3% 1M -57.0% 1Y
Market cap
$4.10M
P/E
–
Revenue (TTM)
—
Div. yield
–
Contract Manufacturing Healthcare
VTRS Viatris Inc
$18.97 +8.2% 1M +76.5% 1Y
Market cap
$22.61B
P/E
–
Revenue (TTM)
$14.73B
Div. yield
–
Generic Drugs Healthcare
4 wins

Head to Head

10 decided of 12

Thermo Fisher Scientific leads on 6 of the 12 questions below (Thermo Fisher Scientific 6, Viatris 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGELSVTRSTMOLeader
Larger companyMarket capitalisation $4.10M $22.61B $258.06B TMO
Cheaper on earningsLower P/E, profitable companies only — -37.2x 36.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 7.3x 26.1x VTRS
Faster revenue growthRevenue growth, trailing twelve months — +4.3% +8.3% TMO
More profitableNet margin, trailing twelve months — -4.1% 14.9% TMO
Better return on capitalReturn on invested capital — 0.0% 8.0% TMO
Less leveragedLower net debt / EBITDA — 4.1x 3.1x TMO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -57.0% +76.5% +19.3% VTRS
Better 5-year returnAnnualised price return, 5 years — +6.7%/yr +1.9%/yr VTRS
Less volatileAnnualised volatility, 1 year 159.7% 32.5% 30.3% TMO
Higher overall scoreMean of the five percentile scores vs peers — 67/100 58/100 VTRS

Percentile Scorecard

GELSVTRSTMO

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

AxisGELSVTRSTMO
Valuation – 93 #44 of 634 60 #93 of 229
Growth – 52 #295 of 608 37 #140 of 221
Profitability – 82 #102 of 557 84 #35 of 210
Financial Health 67 #5 of 13 24 #498 of 654 31 #167 of 240
Shareholder Returns – 83 #70 of 403 82 #28 of 147
Overall – 67 58
  • GELS ranked among 13 companies in Pharma Services
  • VTRS ranked among 671 companies in Pharmaceuticals and Biotechnology
  • TMO 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

PeriodGELSVTRSTMOSPY
1 month -19.3%+8.2%+3.1% -5.9%
3 months -19.3%+16.5%+16.7% -4.6%
6 months -1.3%+9.1%+42.7% +0.2%
Year to date -42.5%+52.4%+16.8% +7.5%
1 year -57.0%+76.5%+19.3% +8.2%
3 years —+106.0%+48.8% +68.3%
3 years, per year —+27.3%+14.2% +19.0%
5 years —+38.2%+9.8% +56.5%
5 years, per year —+6.7%+1.9% +9.4%
10 years —-45.8%+361.9% +251.5%
10 years, per year —-5.9%+16.5% +13.4%

Risk

MeasureGELSVTRSTMOSPY
Volatility, 1Y 159.7%32.5%30.3% 13.6%
Downside volatility, 1Y 122.9%29.8%29.1% 14.2%
Beta vs S&P 500, 1Y 1.810.670.68 1.00
Return / volatility, 1Y -0.362.360.64 0.60
Max drawdown, 5Y -91.9%-52.9%-41.5% -25.4%
From 52-week high -69.9%-1.3%-4.6% -5.9%
52-week high $1.53$19.22$709.29 $779.14
52-week low $0.39$10.11$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.

MultipleGELSVTRSTMO
P/E now vs peer median —median 34.8x -35.8xmedian 17.8x 35.5xmedian 26.9x
P/S now vs peer median —median 2.5x 1.5xmedian 8.1x 5.3xmedian 2.9x
EV/EBITDA now vs peer median —median 28.8x 11.9xmedian 15.7x 24.7xmedian 17.5x
P/FCF now vs peer median -6.9xmedian 21.0x 10.3xmedian 21.0x 33.0xmedian 26.4x
P/B now vs peer median 0.5xmedian 2.7x 1.6xmedian 2.0x 4.6xmedian 2.3x
PEG now vs peer median —median 1.96 1.09median 0.36 4.69median 0.88

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 monthsGELSVTRSTMO
Revenue – $14.73B $47.35B
Gross profit – $5.20B $19.45B
Operating income – -$4.60M $8.47B
Net income – -$607.80M $7.09B
Free cash flow – $2.11B $7.60B
R&D – $1.00B $1.40B
EPS (diluted) – $-0.53 $19.06
Cash & equivalents $6.26K $1.79B $5.46B
Total debt $9.08K $13.32B $41.37B
Shares (diluted) 9.27M 1.15B 371.00M
Enterprise value $1.96M $16.81B $234.58B

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
MetricGELSVTRSTMO
P/E – -35.8x 35.5x
P/FCF -6.9x 10.3x 33.0x
P/Operating cash flow – 8.8x 26.9x
P/S – 1.5x 5.3x
P/B 0.5x 1.6x 4.6x
P/Tangible book -1.4x 35.9x 6.8x
EV/EBITDA – 11.9x 24.7x
EV/EBIT – -7,233x 33.8x
EV/Revenue – 2.3x 6.0x
EV/FCF – 15.8x 37.7x
EV/Operating cash flow – 13.4x 30.7x
PEG (3Y EPS CAGR) – 1.09 4.69

Growth

14 metrics
MetricGELSVTRSTMO
Revenue growth (1Y) – 4.3% 8.3%
Revenue CAGR (3Y) – -1.6% 2.9%
Gross profit growth (1Y) – 2.3% 7.8%
Gross profit CAGR (3Y) – -5.3% 4.0%
Operating income growth (1Y) – 99.8% 12.8%
Operating income CAGR (3Y) – -26.1% 7.2%
Net income growth (1Y) – 83.5% 7.9%
Net income CAGR (3Y) – -32.6% 6.2%
EPS growth (1Y) – 83.3% 9.7%
EPS CAGR (3Y) – -32.9% 7.6%
Operating cash flow growth (1Y) – 25.3% 21.9%
Operating cash flow CAGR (3Y) – -0.5% 4.5%
Free cash flow growth (1Y) – 27.1% 24.3%
Free cash flow CAGR (3Y) – -0.7% 5.1%

Profitability

14 metrics
MetricGELSVTRSTMO
Gross margin – 35.3% 41.1%
EBITDA margin – 19.1% 24.4%
Operating margin – 0.0% 17.9%
Pretax margin – -3.6% 16.7%
Net margin – -4.1% 14.9%
FCF margin – 14.3% 16.0%
Operating cash flow margin – 16.9% 19.7%
Return on equity – -4.3% 13.2%
Return on assets – -1.7% 6.2%
Return on invested capital – 0.0% 8.0%
Return on capital employed – 0.0% 8.5%
Asset turnover – 0.4x 0.4x
Cash conversion (OCF / net income) – -4.1x 1.3x
Stock comp / revenue – 1.2% 0.7%

Financial Health

11 metrics
MetricGELSVTRSTMO
Debt / assets 0.1% 38.4% 36.2%
Debt / equity 0.0x 1.0x 0.8x
Net debt / EBITDA – 4.1x 3.1x
Debt / FCF – 6.3x 5.4x
Liabilities / assets 29.4% 60.5% 52.1%
Equity / assets 70.6% 39.5% 47.9%
Interest coverage – 0.0x 5.5x
Current ratio 0.1x 1.6x 1.8x
Quick ratio 0.1x 0.8x 1.2x
Cash ratio 0.0x 0.3x 0.4x
Altman Z-score – 1.15 4.09

Shareholder Returns

7 metrics
MetricGELSVTRSTMO
Dividend yield – 2.5% 0.3%
Net buyback yield – 1.8% 1.6%
Shareholder yield – 4.3% 1.9%
Payout ratio (earnings) – – 9.5%
Payout ratio (FCF) – – 8.9%
Dividend growth (1Y) – – 8.0%
Dividend CAGR (3Y) – – 10.1%

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.

ConsensusGELSVTRSTMO
Forward P/E – 7.3xFY2026 26.1xFY2026
EPS, next fiscal year – $2.61FY2026 $25.92FY2026
EPS growth, next FY – +11.1%FY2026 +13.3%FY2026
EPS growth, the year after – -1.5% +2.1%
Revenue, next fiscal year – $15.31BFY2026 $50.12BFY2026
Revenue growth, next FY – +7.0%FY2026 +12.5%FY2026
Revenue growth, the year after – -4.8% -2.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGELSVTRSTMO
Held by institutions – 89.9% 90.2%
Institutions holding – 1,032 2,627
Change in shares held, QoQ – +5.6% +0.8%
Institutions buying – 490 1,145
Institutions selling – 318 1,145
Buyers to sellers – 1.54 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.

GELSVTRSTMO
GELS 1.00 0.07 0.05
VTRS 0.07 1.00 0.23
TMO 0.05 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GELS, VTRS and TMO?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Gelteq (GELS) $4.10M, Viatris (VTRS) $22.61B, Thermo Fisher Scientific (TMO) $258.06B.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: Viatris (VTRS) +4.3%, Thermo Fisher Scientific (TMO) +8.3%.

Which company is more profitable?

Thermo Fisher Scientific (TMO) has the highest net margin (Viatris (VTRS) -4.1%, Thermo Fisher Scientific (TMO) 14.9%). On return on invested capital, Thermo Fisher Scientific (TMO) leads (Viatris (VTRS) 0.0%, Thermo Fisher Scientific (TMO) 8.0%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Gelteq (GELS) -57.0%, Viatris (VTRS) +76.5%, Thermo Fisher Scientific (TMO) +19.3%. Over five years, Viatris (VTRS) compounded fastest (Viatris (VTRS) +6.7%/yr, Thermo Fisher Scientific (TMO) +1.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Gelteq (GELS) 159.7%, Viatris (VTRS) 32.5%, Thermo Fisher Scientific (TMO) 30.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GELS, VTRS 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 6. 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.