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 2026-09-25.
Deere & Company · Industrials
$703.12
-12.2% upside to fair value
Med Conviction
Grade C
High Quality
VS
The Home Depot, Inc. · Consumer Cyclical
$292.18
+44.2% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
HD has more upside to fair value
(+44.2%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DE |
HD |
| Current Price |
$703.12 |
$292.18 |
| Fair Value Estimate |
$616.99 |
$421.26 |
| Upside to Fair Value |
-12.2%
|
+44.2%
|
| Market Cap |
$189.8B |
$291.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
22.1x
|
14.7x
|
| Price / Sales |
4.0x
|
1.7x
|
| Price / FCF |
49.1x
|
19.2x
|
| Revenue Growth YoY |
+7.0%
|
+5.7%
|
| Gross Margin |
35.7%
|
33.2%
|
| Operating Margin |
19.0%
|
12.4%
|
| Return on Equity |
18.1%
|
102.7%
|
| Dividend Yield |
0.92% |
3.18% |
| FCF Yield |
2.04%
|
5.2%
|
| 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 …
The Home Depot is the largest home-improvement retailer in the United States, operating a network of roughly 2,300 stores supported by about 472,400 full-time employees, and serving both do-it-yourself homeowners and professional contractors through stores, homedepot.com, and specialty sites such as blinds.com. The business quality is high: it generates a 102.7% return on equity, a 33.2% trailing…
Accumulation Zones
| Metric |
DE |
HD |
| Zone Low |
$462.74 |
$315.94 |
| Zone High |
$524.44 |
$358.07 |
| In Buy Zone? |
No
|
Yes
|