DE vs ETN: Which Is the Better Buy?
Side-by-side comparison of Deere & Company and Eaton Corporation plc — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
Deere & Company · Industrials
$703.12
-12.2% 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.
See all research →
Valuation & Fundamentals
| Metric |
DE |
ETN |
| Current Price |
$703.12 |
$438.76 |
| Fair Value Estimate |
$616.99 |
$579.99 |
| Upside to Fair Value |
-12.2%
|
+32.2%
|
| Market Cap |
$189.8B |
$170.4B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
22.1x
|
29.6x
|
| Price / Sales |
4.0x
|
5.7x
|
| Price / FCF |
49.1x
|
37.9x
|
| Revenue Growth YoY |
+7.0%
|
+21.4%
|
| Gross Margin |
35.7%
|
35.9%
|
| Operating Margin |
19.0%
|
17.7%
|
| Return on Equity |
18.1%
|
19.6%
|
| Dividend Yield |
0.92% |
0.99% |
| FCF Yield |
2.04%
|
2.64%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Deere & Company is a 1837-founded global manufacturer of agricultural, turf, and construction equipment organized across Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services, employing roughly 73,100 people under CEO John C. May. Business quality is high on franchise strength but currently strained by the large-agriculture cycle: TTM …
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 |
DE |
ETN |
| Zone Low |
$462.74 |
$434.99 |
| Zone High |
$524.44 |
$492.99 |
| In Buy Zone? |
No
|
Yes
|