HON vs PANW: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Palo Alto Networks, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-25.
Honeywell International Inc. · Industrials
$213.17
-14.5% upside to fair value
Grade D
VS
Palo Alto Networks, Inc. · Technology
$174.41
-0.1% upside to fair value
Grade B
High Quality
QuantHub Verdict
PANW has more upside to fair value
(-0.1%).
HON trades at a lower forward P/E
(33.0x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
PANW |
| Current Price |
$213.17 |
$174.41 |
| Fair Value Estimate |
$182.35 |
$174.18 |
| Upside to Fair Value |
-14.5%
|
-0.1%
|
| Market Cap |
$135.1B |
$118.9B |
| Forward P/E |
33.0x
|
94.6x
|
| EV / EBITDA |
23.9x
|
52.3x
|
| Price / Sales |
3.7x
|
12.0x
|
| Price / FCF |
32.4x
|
29.2x
|
| Revenue Growth YoY |
-6.9%
|
+14.9%
|
| Gross Margin |
36.9%
|
73.5%
|
| Operating Margin |
14.9%
|
14.4%
|
| Return on Equity |
23.6%
|
15.5%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.09%
|
3.42%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
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…
Palo Alto Networks, Inc. is a leading global cybersecurity company specializing in AI-driven security platforms with a strong recurring revenue base exceeding 80% of total revenue. The company benefits from a high gross margin of 73.5% and solid profitability with a net margin of 13.0%, supported by accelerating revenue growth of 14.9% and earnings growth of 61.6% in the most recent quarter. Unde…
Accumulation Zones
| Metric |
HON |
PANW |
| Zone Low |
$136.76 |
$130.63 |
| Zone High |
$155.00 |
$148.05 |
| In Buy Zone? |
No
|
No
|