ADBE vs HON: Which Is the Better Buy?

Side-by-side comparison of Adobe Inc. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-14.
Adobe Inc. · Technology
$219.72
+45.0% upside to fair value
Grade B High Quality
VS
Honeywell International Inc. · Industrials
$222.25
-5.5% upside to fair value
Grade D High Quality
QuantHub Verdict
ADBE has more upside to fair value (+45.0%). ADBE trades at a lower forward P/E (12.6x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric ADBE HON
Current Price $219.72 $222.25
Fair Value Estimate $318.59 $210.05
Upside to Fair Value +45.0% -5.5%
Market Cap $87.3B $70.4B
Forward P/E 12.6x 15.7x
EV / EBITDA 9.0x 13.1x
Price / Sales 3.5x 1.9x
Price / FCF 8.2x 17.1x
Revenue Growth YoY +12.7% -6.9%
Gross Margin 89.1% 36.9%
Operating Margin 36.1% 14.9%
Return on Equity 62.4% 23.6%
Dividend Yield 0% 0%
FCF Yield 12.17% 5.84%
Analyst Consensus Hold Strong Buy
Investment Thesis
ADBE — Adobe Inc.
Adobe Inc. is a leading software company specializing in digital media and digital experience solutions, driven primarily by subscription-based revenue models. The company benefits from a high-quality business model characterized by a durable competitive moat, strong margins with a gross margin of 89.1% and operating margin of 36.1%, and robust return on equity at 62.4%. Despite solid revenue gro…
HON — Honeywell International Inc.
Honeywell International Inc. operates as a diversified industrial conglomerate with a strong presence in multiple sectors including aerospace, building technologies, and performance materials. The company demonstrates high business quality with a durable competitive moat supported by strong margins, a 23.6% return on equity, and solid free cash flow generation of $16.78 per share. However, recent…
Accumulation Zones
Metric ADBE HON
Zone Low $238.94 $157.54
Zone High $270.80 $178.54
In Buy Zone? Yes No
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