COP vs ETN: Which Is the Better Buy?
Side-by-side comparison of ConocoPhillips and Eaton Corporation plc — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
ConocoPhillips · Energy
$108.44
-21.6% upside to fair value
Grade D
VS
Eaton Corporation plc · Industrials
$447.28
-9.5% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
ETN has more upside to fair value
(-9.5%).
COP trades at a lower forward P/E
(18.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
COP |
ETN |
| Current Price |
$108.44 |
$447.28 |
| Fair Value Estimate |
$85.04 |
$405.00 |
| Upside to Fair Value |
-21.6%
|
-9.5%
|
| Market Cap |
$132.1B |
$173.7B |
| Forward P/E |
18.4x
|
33.2x
|
| EV / EBITDA |
6.1x
|
30.0x
|
| Price / Sales |
2.3x
|
5.8x
|
| Price / FCF |
8.6x
|
38.6x
|
| Revenue Growth YoY |
-2.5%
|
+21.0%
|
| Gross Margin |
29.2%
|
35.9%
|
| Operating Margin |
18.3%
|
17.7%
|
| Return on Equity |
11.3%
|
18.9%
|
| Dividend Yield |
0% |
0.98% |
| FCF Yield |
11.64%
|
2.59%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
ConocoPhillips is a major player in the Energy sector focused on Oil & Gas Exploration & Production. The company demonstrates medium business quality with a stable competitive position but faces earnings pressure as reflected in a 23.4% decline in earnings and a 2.5% decline in revenue in the most recent quarter year-over-year. Despite a solid ROE of 11.3% and attractive margins (gross margin 29.…
Eaton is a 115-year-old power management company whose Electrical Americas, Electrical Global and Aerospace segments have become a core beneficiary of the same AI data-center, grid modernization and reshoring supercycle driving GE Vernova and Vertiv. Q2 2026 results were record-setting: revenue of $8.5 billion (up 21% year over year, 14% organic), adjusted EPS of $3.15, and segment margins of 23.…
Accumulation Zones
| Metric |
COP |
ETN |
| Zone Low |
$63.78 |
$305.00 |
| Zone High |
$72.28 |
$345.00 |
| In Buy Zone? |
No
|
No
|