HON vs TMO: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Thermo Fisher Scientific Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-14.
Honeywell International Inc. · Industrials
$222.25
-5.5% upside to fair value
Grade D
High Quality
VS
Thermo Fisher Scientific Inc. · Healthcare
$464.61
+7.2% upside to fair value
Grade A
High Quality
QuantHub Verdict
TMO has more upside to fair value
(+7.2%).
HON trades at a lower forward P/E
(15.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
TMO |
| Current Price |
$222.25 |
$464.61 |
| Fair Value Estimate |
$210.05 |
$498.27 |
| Upside to Fair Value |
-5.5%
|
+7.2%
|
| Market Cap |
$70.4B |
$172.7B |
| Forward P/E |
15.7x
|
25.2x
|
| EV / EBITDA |
13.1x
|
19.1x
|
| Price / Sales |
1.9x
|
3.8x
|
| Price / FCF |
17.1x
|
25.6x
|
| Revenue Growth YoY |
-6.9%
|
+6.2%
|
| Gross Margin |
36.9%
|
39.4%
|
| Operating Margin |
14.9%
|
17.8%
|
| Return on Equity |
23.6%
|
13.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
5.84%
|
3.91%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Honeywell International Inc. operates as a diversified industrial conglomerate with a strong presence in multiple sectors including aerospace, building technologies, and performance materials. The company demonstrates high business quality with a durable competitive moat supported by strong margins, a 23.6% return on equity, and solid free cash flow generation of $16.78 per share. However, recent…
Thermo Fisher Scientific is a leading healthcare company specializing in life science tools, diagnostics, and contract research and manufacturing services. It operates with a broad, multi-layered moat driven by scale, integration, and a long-tenured management team. The company exhibits solid fundamentals with a 13.3% ROE, 6.2% revenue growth, and 9.6% earnings growth in the most recent quarter. …
Accumulation Zones
| Metric |
HON |
TMO |
| Zone Low |
$157.54 |
$373.70 |
| Zone High |
$178.54 |
$423.53 |
| In Buy Zone? |
No
|
No
|