HON vs PG: Which Is the Better Buy?

Side-by-side comparison of Honeywell International Inc. and The Procter & Gamble Company β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-06-20.
Honeywell International Inc. Β· Industrials
$229.01
-14.5% upside to fair value
Grade D
VS
The Procter & Gamble Company Β· Consumer Defensive
$150.38
+10.0% upside to fair value
Grade B High Quality
QuantHub Verdict
PG has more upside to fair value (+10.0%). PG trades at a lower forward P/E (21.5x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric HON PG
Current Price $229.01 $150.38
Fair Value Estimate $195.88 $165.39
Upside to Fair Value -14.5% +10.0%
Market Cap $145.1B $350.2B
Forward P/E 32.4x 21.5x
EV / EBITDA 23.4x 15.1x
Price / Sales 4.0x 4.0x
Price / FCF 35.3x 23.3x
Revenue Growth YoY -6.9% +7.4%
Gross Margin 36.9% 50.3%
Operating Margin 14.9% 23.2%
Return on Equity 23.6% 31.3%
Dividend Yield 0% 0%
FCF Yield 2.83% 4.29%
Analyst Consensus Strong Buy Buy
Investment Thesis
HON β€” Honeywell International Inc.
Honeywell International Inc. operates as a diversified industrial conglomerate with leading market positions in aerospace, building automation, industrial automation, and energy solutions. The company benefits from a durable competitive moat with 20-40%+ market share in key niches such as avionics and aerospace systems. Despite strong free cash flow generation and a consistent dividend supported …
PG β€” The Procter & Gamble Company
The Procter & Gamble Company is a leading global consumer defensive company specializing in household and personal products with a strong portfolio across fabric care, baby and family care, beauty, health care, and grooming. The business quality is high, supported by a durable competitive moat from strong brands, consistent earnings growth, and prudent capital allocation emphasizing dividends and…
Accumulation Zones
Metric HON PG
Zone Low $146.91 $124.04
Zone High $166.50 $140.58
In Buy Zone? No No
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