CVX vs HON: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-01.
Chevron Corporation · Energy
$193.33
-18.2% upside to fair value
Grade D
VS
Honeywell International Inc. · Industrials
$213.17
-14.5% upside to fair value
Grade D
QuantHub Verdict
HON has more upside to fair value
(-14.5%).
CVX trades at a lower forward P/E
(31.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
HON |
| Current Price |
$193.33 |
$213.17 |
| Fair Value Estimate |
$158.09 |
$182.35 |
| Upside to Fair Value |
-18.2%
|
-14.5%
|
| Market Cap |
$385.8B |
$135.1B |
| Forward P/E |
31.3x
|
33.0x
|
| EV / EBITDA |
10.3x
|
23.9x
|
| Price / Sales |
2.1x
|
3.7x
|
| Price / FCF |
23.8x
|
32.4x
|
| Revenue Growth YoY |
-5.3%
|
-6.9%
|
| Gross Margin |
30.4%
|
36.9%
|
| Operating Margin |
9.0%
|
14.9%
|
| Return on Equity |
7.3%
|
23.6%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.19%
|
3.09%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company with significant upstream and downstream operations. The company benefits from experienced leadership under CEO Mike Wirth, who has over 44 years with Chevron, and maintains a strong market position as the second largest Big Oil major by market cap and net profits. However, Chevron currently trades at a very expensive valuat…
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 |
CVX |
HON |
| Zone Low |
$118.57 |
$136.76 |
| Zone High |
$134.38 |
$155.00 |
| In Buy Zone? |
No
|
No
|