ASML vs HON: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
ASML Holding N.V. · Technology
$1,744.61
-0.7% upside to fair value
Med Conviction
Grade C
High Quality
VS
Honeywell International Inc. · Industrials
$212.55
-8.5% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
ASML has more upside to fair value
(-0.7%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
HON |
| Current Price |
$1,744.61 |
$212.55 |
| Fair Value Estimate |
$1,732.49 |
$194.50 |
| Upside to Fair Value |
-0.7%
|
-8.5%
|
| Market Cap |
$672.4B |
$67.4B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
42.0x
|
7.4x
|
| Price / Sales |
19.0x
|
1.9x
|
| Price / FCF |
67.2x
|
16.4x
|
| Revenue Growth YoY |
+21.3%
|
-6.1%
|
| Gross Margin |
52.7%
|
36.6%
|
| Operating Margin |
35.4%
|
14.1%
|
| Return on Equity |
52.4%
|
41.7%
|
| Dividend Yield |
0.51% |
2.09% |
| FCF Yield |
1.49%
|
6.11%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
ASML Holding N.V. is the Dutch semiconductor equipment maker that supplies lithography, metrology, and inspection systems, including the extreme ultraviolet (EUV) machines required to pattern the most advanced logic and memory chips, and it holds what current coverage describes as a near-monopoly on those EUV tools. The business quality is genuinely high: TTM gross margin of 52.7%, TTM operating …
Honeywell International Inc. is a 101,000-employee diversified industrial technology and manufacturing conglomerate, led by CEO Vimal Kapur, spanning Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Business quality is solid but not exceptional: the company carries a durable intangible-asset and switching-cost moat in aerospace avion…
Accumulation Zones
| Metric |
ASML |
HON |
| Zone Low |
$1,299.37 |
$145.88 |
| Zone High |
$1,472.62 |
$165.32 |
| In Buy Zone? |
No
|
No
|