CEG vs ETN: Which Is the Better Buy?
Side-by-side comparison of Constellation Energy Corporation and Eaton Corporation plc — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
Constellation Energy Corporation · Utilities
$262.11
-4.2% upside to fair value
Med Conviction
Grade C
High Quality
VS
Eaton Corporation plc · Industrials
$438.76
+32.2% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
ETN has more upside to fair value
(+32.2%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
CEG |
ETN |
| Current Price |
$262.11 |
$438.76 |
| Fair Value Estimate |
$250.98 |
$579.99 |
| Upside to Fair Value |
-4.2%
|
+32.2%
|
| Market Cap |
$94.1B |
$170.4B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
13.9x
|
29.6x
|
| Price / Sales |
3.0x
|
5.7x
|
| Price / FCF |
300.3x
|
37.9x
|
| Revenue Growth YoY |
+23.0%
|
+21.4%
|
| Gross Margin |
94.9%
|
35.9%
|
| Operating Margin |
14.7%
|
17.7%
|
| Return on Equity |
14.7%
|
19.6%
|
| Dividend Yield |
0.64% |
0.99% |
| FCF Yield |
0.33%
|
2.64%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Constellation Energy is the largest U.S. producer of carbon-free electricity, operating roughly 32,400 megawatts of nuclear, gas, wind, solar, and hydro generation across the Mid-Atlantic, Midwest, New York, ERCOT, and other power markets, with a 94.9% TTM gross margin that reflects the low marginal cost of nuclear fuel and the scarcity value of firm clean power. The business quality is genuinely…
Eaton Corporation plc is a Dublin-headquartered power management company with roughly 97,303 employees, operating electrical, aerospace, vehicle and eMobility segments that supply power distribution, circuit protection, power quality and reliability equipment and services. The business quality is high: TTM gross margin of 35.9%, TTM operating margin of 17.7%, TTM net margin of 12.8% and ROE of 19…
Accumulation Zones
| Metric |
CEG |
ETN |
| Zone Low |
$188.23 |
$434.99 |
| Zone High |
$213.33 |
$492.99 |
| In Buy Zone? |
No
|
Yes
|