CAT vs UNH: Which Is the Better Buy?

Side-by-side comparison of Caterpillar Inc. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-17.
Caterpillar Inc. · Industrials
$940.12
-39.4% upside to fair value
Grade C High Quality
VS
UnitedHealth Group Incorporated · Healthcare
$423.38
+45.0% upside to fair value
Grade B High Quality
QuantHub Verdict
UNH has more upside to fair value (+45.0%). UNH trades at a lower forward P/E (27.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CAT UNH
Current Price $940.12 $423.38
Fair Value Estimate $569.47 $613.90
Upside to Fair Value -39.4% +45.0%
Market Cap $433.1B $384.5B
Forward P/E 46.6x 27.2x
EV / EBITDA 29.7x 13.8x
Price / Sales 6.1x 0.8x
Price / FCF 37.8x 19.6x
Revenue Growth YoY +22.2% +0.4%
Gross Margin 32.5% 18.8%
Operating Margin 16.6% 4.2%
Return on Equity 47.5% 12.4%
Dividend Yield 0% 0%
FCF Yield 2.64% 5.12%
Analyst Consensus Hold Strong Buy
Investment Thesis
CAT — Caterpillar Inc.
Caterpillar Inc. is a leading global manufacturer of agricultural and construction machinery, operating within the Industrials sector. The company demonstrates high business quality with a durable competitive moat supported by strong brand recognition, cost advantages, and intangible assets. It posted robust revenue growth of 22.2% and earnings growth of 27.3% in the most recent quarter, reflecti…
UNH — UnitedHealth Group Incorporated
UnitedHealth Group Incorporated operates in the healthcare sector, specifically within medical and healthcare plans, providing a durable business model supported by a strong competitive moat and consistent earnings growth. The company currently trades at a price of $423.38 with a market cap of $359.873 billion, reflecting a valuation that is cheap relative to its five-year history, supported by a…
Accumulation Zones
Metric CAT UNH
Zone Low $427.10 $460.42
Zone High $484.05 $521.81
In Buy Zone? No Yes
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