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 2026-07-15.
ASML Holding N.V. · Technology
$1,775.64
+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
ASML has more upside to fair value
(+45.0%).
HON trades at a lower forward P/E
(15.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
HON |
| Current Price |
$1,775.64 |
$222.25 |
| Fair Value Estimate |
$2,574.68 |
$210.05 |
| Upside to Fair Value |
+45.0%
|
-5.5%
|
| Market Cap |
$684.4B |
$70.4B |
| Forward P/E |
62.1x
|
15.7x
|
| EV / EBITDA |
47.1x
|
13.1x
|
| Price / Sales |
18.4x
|
1.9x
|
| Price / FCF |
69.1x
|
17.1x
|
| Revenue Growth YoY |
+13.2%
|
-6.9%
|
| Gross Margin |
52.6%
|
36.9%
|
| Operating Margin |
34.8%
|
14.9%
|
| Return on Equity |
52.0%
|
23.6%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.45%
|
5.84%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
ASML Holding N.V. is a leading semiconductor equipment manufacturer specializing in photolithography systems critical for chip production. The company exhibits high business quality with a durable competitive moat supported by advanced technology and strong market position, reflected in a 52% return on equity and robust margins including a 52.6% gross margin and 29.7% net margin. Despite strong r…
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 |
ASML |
HON |
| Zone Low |
$1,931.01 |
$157.54 |
| Zone High |
$2,188.48 |
$178.54 |
| In Buy Zone? |
Yes
|
No
|