HON vs MA: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Mastercard Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-11.
Honeywell International Inc. · Industrials
$235.04
-9.9% upside to fair value
Med Conviction
Grade B
VS
Mastercard Incorporated · Financial Services
$498.66
+22.3% upside to fair value
High Conviction
Grade A-
QuantHub Verdict
MA has more upside to fair value
(+22.3%).
HON trades at a lower forward P/E
(22.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
MA |
| Current Price |
$235.04 |
$498.66 |
| Fair Value Estimate |
$211.73 |
$610.00 |
| Upside to Fair Value |
-9.9%
|
+22.3%
|
| Market Cap |
$149.4B |
$445.0B |
| Forward P/E |
22.3x
|
25.5x
|
| EV / EBITDA |
16.9x
|
22.4x
|
| Price / Sales |
4.0x
|
13.6x
|
| Price / FCF |
27.7x
|
26.0x
|
| Revenue Growth YoY |
-2.7%
|
+16.4%
|
| Gross Margin |
36.9%
|
83.4%
|
| Operating Margin |
17.7%
|
59.2%
|
| Return on Equity |
33.28%
|
198.4%
|
| Dividend Yield |
1.92% |
0.65% |
| FCF Yield |
3.61%
|
3.84%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Honeywell is a diversified industrial conglomerate in the final stages of a transformative three-way separation into Honeywell Aerospace, Solstice Advanced Materials, and a retained Automation entity, targeting Q3 2026 completion. The business generated 33% ROE and $5.4B in free cash flow on $37.4B revenue in FY2025, supported by a record $37B backlog with 23% organic order growth in Q4. At $235 …
Mastercard operates one of the world's two dominant payment networks, processing over $9 trillion in gross dollar volume annually across 220+ countries. The business generates 83% gross margins and 46% net margins with zero credit risk because Mastercard never lends money, only collecting tolls on every transaction. Value-Added Services (analytics, fraud prevention, cybersecurity) now comprise 41…
Accumulation Zones
| Metric |
HON |
MA |
| Zone Low |
$158.80 |
$460.00 |
| Zone High |
$179.97 |
$515.00 |
| In Buy Zone? |
No
|
Yes
|