DELL vs HON: Which Is the Better Buy?

Side-by-side comparison of Dell Technologies Inc. and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-25.
Dell Technologies Inc. · Technology
$196.55
+45.0% upside to fair value
Grade B
VS
Honeywell International Inc. · Industrials
$213.17
-14.5% upside to fair value
Grade D
QuantHub Verdict
DELL has more upside to fair value (+45.0%). DELL trades at a lower forward P/E (21.6x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric DELL HON
Current Price $196.55 $213.17
Fair Value Estimate $285.00 $182.35
Upside to Fair Value +45.0% -14.5%
Market Cap $132.7B $135.1B
Forward P/E 21.6x 33.0x
EV / EBITDA 16.7x 23.9x
Price / Sales 1.2x 3.7x
Price / FCF 15.5x 32.4x
Revenue Growth YoY +23.6% -6.9%
Gross Margin 20.1% 36.9%
Operating Margin 7.2% 14.9%
Return on Equity -218.2% 23.6%
Dividend Yield 0% 0%
FCF Yield 6.45% 3.09%
Analyst Consensus Strong Buy Buy
Investment Thesis
DELL — Dell Technologies Inc.
Dell Technologies Inc. is a leading global technology company specializing in computer hardware, servers, storage, and IT infrastructure solutions. Founded and led by Michael Dell, the company has a strong legacy in direct-to-consumer PC sales and has expanded into enterprise IT services through strategic acquisitions such as EMC. Dell's business quality is medium due to its competitive position …
HON — Honeywell International Inc.
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 DELL HON
Zone Low $213.75 $136.76
Zone High $242.25 $155.00
In Buy Zone? Yes No
← DELL Research    HON Research →    All Research