HON vs MU: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Micron Technology, Inc. — 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
Micron Technology, Inc. · Technology
$421.51
-20.2% upside to fair value
Low Conviction
Grade D
QuantHub Verdict
HON has more upside to fair value
(-9.9%).
MU trades at a lower forward P/E
(19.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
MU |
| Current Price |
$235.04 |
$421.51 |
| Fair Value Estimate |
$211.73 |
$336.45 |
| Upside to Fair Value |
-9.9%
|
-20.2%
|
| Market Cap |
$149.4B |
$475.4B |
| Forward P/E |
22.3x
|
19.7x
|
| EV / EBITDA |
16.9x
|
12.8x
|
| Price / Sales |
4.0x
|
8.2x
|
| Price / FCF |
27.7x
|
21.6x
|
| Revenue Growth YoY |
-2.7%
|
+74.9%
|
| Gross Margin |
36.9%
|
58.4%
|
| Operating Margin |
17.7%
|
48.5%
|
| Return on Equity |
33.28%
|
40.8%
|
| Dividend Yield |
1.92% |
0% |
| FCF Yield |
3.61%
|
4.64%
|
| 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 …
Micron Technology, Inc. is a leading semiconductor company specializing in memory and storage solutions, including DRAM and NAND products, which are critical for AI, data centers, mobile, and embedded applications. The company benefits from strong revenue growth of 74.9% year-over-year and exceptional profitability with a net margin of 41.5% and return on equity of 40.8%. Despite these strengths …
Accumulation Zones
| Metric |
HON |
MU |
| Zone Low |
$158.80 |
$252.34 |
| Zone High |
$179.97 |
$285.98 |
| In Buy Zone? |
No
|
No
|