DE vs HD: Which Is the Better Buy?
Side-by-side comparison of Deere & Company and The Home Depot, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-06-20.
Deere & Company · Industrials
$589.24
-29.6% upside to fair value
Grade D
High Quality
VS
The Home Depot, Inc. · Consumer Cyclical
$334.28
+34.7% upside to fair value
Grade A
High Quality
QuantHub Verdict
HD has more upside to fair value
(+34.7%).
HD trades at a lower forward P/E
(23.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DE |
HD |
| Current Price |
$589.24 |
$334.28 |
| Fair Value Estimate |
$414.61 |
$450.15 |
| Upside to Fair Value |
-29.6%
|
+34.7%
|
| Market Cap |
$159.1B |
$333.3B |
| Forward P/E |
33.3x
|
23.7x
|
| EV / EBITDA |
18.8x
|
16.1x
|
| Price / Sales |
3.4x
|
2.0x
|
| Price / FCF |
42.2x
|
23.3x
|
| Revenue Growth YoY |
+6.7%
|
+4.8%
|
| Gross Margin |
35.4%
|
33.1%
|
| Operating Margin |
18.4%
|
12.4%
|
| Return on Equity |
18.3%
|
113.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.37%
|
4.3%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Deere & Company is a leading global manufacturer of agricultural, construction, and forestry machinery with a durable competitive moat anchored by its number one market share in large agricultural equipment and a dense dealer network. The company benefits from embedded precision agriculture technology that widens its competitive gap, particularly in North America where it holds 40 to 60 percent m…
The Home Depot, Inc. is the leading U.S. home improvement retailer with a dominant market share of approximately 47 to 50 percent, significantly ahead of Lowe's at 17 to 19 percent. The company benefits from a durable competitive moat driven by scale, a robust supply chain, and a pro-customer infrastructure. Its management team is composed of long-tenured insiders, including CEO Ted Decker who ha…
Accumulation Zones
| Metric |
DE |
HD |
| Zone Low |
$310.96 |
$337.61 |
| Zone High |
$352.42 |
$382.63 |
| In Buy Zone? |
No
|
Yes
|