CRM vs HON: Which Is the Better Buy?

Side-by-side comparison of Salesforce, Inc. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-25.
Salesforce, Inc. · Technology
$182.14
+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
CRM has more upside to fair value (+45.0%). CRM trades at a lower forward P/E (22.8x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CRM HON
Current Price $182.14 $213.17
Fair Value Estimate $264.10 $182.35
Upside to Fair Value +45.0% -14.5%
Market Cap $173.0B $135.1B
Forward P/E 22.8x 33.0x
EV / EBITDA 14.4x 23.9x
Price / Sales 4.2x 3.7x
Price / FCF 12.0x 32.4x
Revenue Growth YoY +12.1% -6.9%
Gross Margin 77.7% 36.9%
Operating Margin 21.5% 14.9%
Return on Equity 12.4% 23.6%
Dividend Yield 0% 0%
FCF Yield 8.33% 3.09%
Analyst Consensus Buy Buy
Investment Thesis
CRM — Salesforce, Inc.
Salesforce, Inc. is a leading enterprise software company specializing in cloud-based customer relationship management and enterprise applications. The company benefits from a durable competitive moat anchored by pioneering SaaS delivery, a large and growing customer base, and a diversified revenue mix with Service Cloud as the largest segment generating $9.05 billion in FY2025. Salesforce exhibi…
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 CRM HON
Zone Low $198.08 $136.76
Zone High $224.49 $155.00
In Buy Zone? Yes No
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