HON vs SLB: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and SLB N.V. — 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
SLB N.V. · Energy
$56.15
+45.0% upside to fair value
Grade B
QuantHub Verdict
SLB has more upside to fair value
(+45.0%).
SLB trades at a lower forward P/E
(24.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
SLB |
| Current Price |
$213.17 |
$56.15 |
| Fair Value Estimate |
$182.35 |
$81.42 |
| Upside to Fair Value |
-14.5%
|
+45.0%
|
| Market Cap |
$135.1B |
$84.3B |
| Forward P/E |
33.0x
|
24.3x
|
| EV / EBITDA |
23.9x
|
17.5x
|
| Price / Sales |
3.7x
|
2.4x
|
| Price / FCF |
32.4x
|
17.6x
|
| Revenue Growth YoY |
-6.9%
|
+2.7%
|
| Gross Margin |
36.9%
|
13.6%
|
| Operating Margin |
14.9%
|
11.5%
|
| Return on Equity |
23.6%
|
12.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.09%
|
5.69%
|
| 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…
SLB N.V. is the world's largest oilfield services company operating primarily in the energy sector with a focus on oil and gas equipment and services. The company benefits from a diversified revenue base across well construction, production systems, reservoir characterization, and digital integration, with fiscal year 2024 revenues totaling over $37 billion. Despite modest revenue growth of 2.7% …
Accumulation Zones
| Metric |
HON |
SLB |
| Zone Low |
$136.76 |
$61.06 |
| Zone High |
$155.00 |
$69.21 |
| In Buy Zone? |
No
|
Yes
|