ETN vs GEV: Which Is the Better Buy?
Side-by-side comparison of Eaton Corporation plc and GE Vernova Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
Eaton Corporation plc · Industrials
$447.28
-9.5% upside to fair value
Med Conviction
Grade C+
VS
GE Vernova Inc. · Industrials
$1,014.75
-16.2% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
ETN has more upside to fair value
(-9.5%).
ETN trades at a lower forward P/E
(33.2x).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ETN |
GEV |
| Current Price |
$447.28 |
$1,014.75 |
| Fair Value Estimate |
$405.00 |
$850.00 |
| Upside to Fair Value |
-9.5%
|
-16.2%
|
| Market Cap |
$173.7B |
$270.3B |
| Forward P/E |
33.2x
|
34.3x
|
| EV / EBITDA |
30.0x
|
25.6x
|
| Price / Sales |
5.8x
|
6.6x
|
| Price / FCF |
38.6x
|
22.0x
|
| Revenue Growth YoY |
+21.0%
|
+15.0%
|
| Gross Margin |
35.9%
|
21.3%
|
| Operating Margin |
17.7%
|
5.9%
|
| Return on Equity |
18.9%
|
30.0%
|
| Dividend Yield |
0.98% |
0.17% |
| FCF Yield |
2.59%
|
4.5%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Eaton is a 115-year-old power management company whose Electrical Americas, Electrical Global and Aerospace segments have become a core beneficiary of the same AI data-center, grid modernization and reshoring supercycle driving GE Vernova and Vertiv. Q2 2026 results were record-setting: revenue of $8.5 billion (up 21% year over year, 14% organic), adjusted EPS of $3.15, and segment margins of 23.…
GE Vernova is the premier pure-play on the electricity side of the AI infrastructure supercycle. Its Power (heavy-duty gas turbines) and Electrification (grid equipment) segments are structurally supply-constrained, backed by a record $176B backlog that management says is 'mostly sold out through 2030.' The company raised FY2026 guidance for a second straight quarter to $45.5-46.5B revenue and $1…
Accumulation Zones
| Metric |
ETN |
GEV |
| Zone Low |
$305.00 |
$640.00 |
| Zone High |
$345.00 |
$723.00 |
| In Buy Zone? |
No
|
No
|