CVX vs ETN: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Eaton Corporation plc — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
Chevron Corporation · Energy
$175.91
-3.4% 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
CVX has more upside to fair value
(-3.4%).
CVX trades at a lower forward P/E
(30.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
ETN |
| Current Price |
$175.91 |
$447.28 |
| Fair Value Estimate |
$169.96 |
$405.00 |
| Upside to Fair Value |
-3.4%
|
-9.5%
|
| Market Cap |
$350.3B |
$173.7B |
| Forward P/E |
30.4x
|
33.2x
|
| EV / EBITDA |
9.4x
|
30.0x
|
| Price / Sales |
1.9x
|
5.8x
|
| Price / FCF |
26.2x
|
38.6x
|
| Revenue Growth YoY |
+3.2%
|
+21.0%
|
| Gross Margin |
25.4%
|
35.9%
|
| Operating Margin |
8.4%
|
17.7%
|
| Return on Equity |
6.2%
|
18.9%
|
| Dividend Yield |
0% |
0.98% |
| FCF Yield |
3.82%
|
2.59%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
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 |
CVX |
ETN |
| Zone Low |
$127.47 |
$305.00 |
| Zone High |
$144.47 |
$345.00 |
| In Buy Zone? |
No
|
No
|