HON vs UNH: Which Is the Better Buy?

Side-by-side comparison of Honeywell International Inc. and UnitedHealth Group Incorporated — 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
UnitedHealth Group Incorporated · Healthcare
$353.52
+45.0% upside to fair value
Grade B High Quality
QuantHub Verdict
UNH has more upside to fair value (+45.0%). UNH trades at a lower forward P/E (26.7x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric HON UNH
Current Price $213.17 $353.52
Fair Value Estimate $182.35 $512.60
Upside to Fair Value -14.5% +45.0%
Market Cap $135.1B $320.9B
Forward P/E 33.0x 26.7x
EV / EBITDA 23.9x 16.1x
Price / Sales 3.7x 0.7x
Price / FCF 32.4x 16.3x
Revenue Growth YoY -6.9% +2.0%
Gross Margin 36.9% 18.8%
Operating Margin 14.9% 4.2%
Return on Equity 23.6% 12.4%
Dividend Yield 0% 0%
FCF Yield 3.09% 6.13%
Analyst Consensus Buy Strong Buy
Investment Thesis
HON — Honeywell International Inc.
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…
UNH — UnitedHealth Group Incorporated
UnitedHealth Group Incorporated operates as a leading healthcare company with two main platforms: UnitedHealthcare, providing health benefits coverage, and Optum, offering information and technology services. The company benefits from a durable competitive moat due to its scale, integrated platforms, and broad market reach serving over 170 million consumers. Despite strong revenue growth of 12% y…
Accumulation Zones
Metric HON UNH
Zone Low $136.76 $384.45
Zone High $155.00 $435.71
In Buy Zone? No Yes
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