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 2026-04-25.
ASML Holding N.V. · Technology
$1,458.97
+45.0% upside to fair value
Grade B High Quality
VS
Honeywell International Inc. · Industrials
$213.17
-14.5% upside to fair value
Grade D
QuantHub Verdict
ASML has more upside to fair value (+45.0%). HON trades at a lower forward P/E (33.0x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric ASML HON
Current Price $1,458.97 $213.17
Fair Value Estimate $2,115.51 $182.35
Upside to Fair Value +45.0% -14.5%
Market Cap $562.3B $135.1B
Forward P/E 48.3x 33.0x
EV / EBITDA 37.6x 23.9x
Price / Sales 14.4x 3.7x
Price / FCF 54.4x 32.4x
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 1.84% 3.09%
Analyst Consensus Strong Buy Buy
Investment Thesis
ASML — ASML Holding N.V.
ASML Holding N.V. is a leading technology company specializing in semiconductor manufacturing equipment, particularly extreme ultraviolet lithography machines which hold a near-monopoly position. The company benefits from a durable competitive moat driven by its technological leadership, high barriers to entry, and strong demand from semiconductor manufacturers globally, especially in China. Desp…
HON — Honeywell International Inc.
Honeywell International Inc. is a diversified industrial conglomerate operating across Aerospace Technologies, Building Automation, Process Automation and Technology, and Safety and Productivity Solutions. The company benefits from a strong leadership team with deep internal experience and a history of strategic acquisitions that have expanded its portfolio into high-growth areas such as aerospac…
Accumulation Zones
Metric ASML HON
Zone Low $1,586.63 $136.76
Zone High $1,798.18 $155.00
In Buy Zone? Yes No
← ASML Research    HON Research →    All Research