HON vs MS: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Morgan Stanley — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Honeywell International Inc. · Industrials
$235.04
-9.9% upside to fair value
Med Conviction
Grade B
VS
Morgan Stanley · Financial Services
$189.30
-30.5% upside to fair value
Grade C
High Quality
QuantHub Verdict
HON has more upside to fair value
(-9.9%).
MS trades at a lower forward P/E
(16.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
MS |
| Current Price |
$235.04 |
$189.30 |
| Fair Value Estimate |
$211.73 |
$131.49 |
| Upside to Fair Value |
-9.9%
|
-30.5%
|
| Market Cap |
$149.4B |
$300.6B |
| Forward P/E |
22.3x
|
16.4x
|
| EV / EBITDA |
16.9x
|
24.4x
|
| Price / Sales |
4.0x
|
2.5x
|
| Price / FCF |
27.7x
|
-16.8x
|
| Revenue Growth YoY |
-2.7%
|
+18.8%
|
| Gross Margin |
36.9%
|
58.0%
|
| Operating Margin |
17.7%
|
19.5%
|
| Return on Equity |
33.28%
|
16.7%
|
| Dividend Yield |
1.92% |
0% |
| FCF Yield |
3.61%
|
—
|
| Analyst Consensus |
Buy
|
Hold
|
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 …
Morgan Stanley is a leading global financial services firm operating in Institutional Securities, Wealth Management, and Investment Management. The company benefits from a durable competitive moat supported by its systemically important status, diversified revenue streams, and strong management with a 36-year veteran CEO. Despite solid fundamentals including 14.2% revenue growth in 2025 and 16.7%…
Accumulation Zones
| Metric |
HON |
MS |
| Zone Low |
$158.80 |
$98.62 |
| Zone High |
$179.97 |
$111.77 |
| In Buy Zone? |
No
|
No
|