HON vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
Honeywell International Inc. · Industrials
$212.55
-8.5% upside to fair value
Med Conviction
Grade C
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
HON has more upside to fair value
(-8.5%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
HON |
QCOM |
| Current Price |
$212.55 |
$201.97 |
| Fair Value Estimate |
$194.50 |
$159.42 |
| Upside to Fair Value |
-8.5%
|
-21.1%
|
| Market Cap |
$67.4B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
7.4x
|
16.5x
|
| Price / Sales |
1.9x
|
4.8x
|
| Price / FCF |
16.4x
|
20.5x
|
| Revenue Growth YoY |
-6.1%
|
-4.0%
|
| Gross Margin |
36.6%
|
54.2%
|
| Operating Margin |
14.1%
|
23.2%
|
| Return on Equity |
41.7%
|
37.3%
|
| Dividend Yield |
2.09% |
1.79% |
| FCF Yield |
6.11%
|
4.88%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
Honeywell International Inc. is a 101,000-employee diversified industrial technology and manufacturing conglomerate, led by CEO Vimal Kapur, spanning Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Business quality is solid but not exceptional: the company carries a durable intangible-asset and switching-cost moat in aerospace avion…
Qualcomm develops foundational wireless technologies and monetizes them through two main engines: QCT, which supplies Snapdragon application processors and modems, and QTL, which licenses a standards-essential patent portfolio covering CDMA2000, WCDMA, LTE and 5G. The licensing arm and the company's entrenched position in premium Android handsets give it a genuinely high-quality business, evidenc…
Accumulation Zones
| Metric |
HON |
QCOM |
| Zone Low |
$145.88 |
$119.56 |
| Zone High |
$165.32 |
$135.51 |
| In Buy Zone? |
No
|
No
|