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 2026-04-11.
Honeywell International Inc. · Industrials
$235.04
-9.9% upside to fair value
Med Conviction
Grade B
VS
UnitedHealth Group Incorporated · Healthcare
$304.33
+41.3% upside to fair value
Med Conviction
Grade B+
QuantHub Verdict
UNH has more upside to fair value
(+41.3%).
UNH trades at a lower forward P/E
(15.1x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
UNH |
| Current Price |
$235.04 |
$304.33 |
| Fair Value Estimate |
$211.73 |
$430.00 |
| Upside to Fair Value |
-9.9%
|
+41.3%
|
| Market Cap |
$149.4B |
$276.2B |
| Forward P/E |
22.3x
|
15.1x
|
| EV / EBITDA |
16.9x
|
14.3x
|
| Price / Sales |
4.0x
|
0.6x
|
| Price / FCF |
27.7x
|
17.2x
|
| Revenue Growth YoY |
-2.7%
|
+11.8%
|
| Gross Margin |
36.9%
|
18.5%
|
| Operating Margin |
17.7%
|
4.2%
|
| Return on Equity |
33.28%
|
12.7%
|
| Dividend Yield |
1.92% |
2.9% |
| FCF Yield |
3.61%
|
5.82%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Honeywell is a diversified industrial conglomerate in the final stages of a transformative three-way separation into Honeywell Aerospace, Solstice Advanced Materials, and a retained Automation entity, targeting Q3 2026 completion. The business generated 33% ROE and $5.4B in free cash flow on $37.4B revenue in FY2025, supported by a record $37B backlog with 23% organic order growth in Q4. At $235 …
UnitedHealth Group is the world's largest diversified healthcare company, combining the dominant US health insurer UnitedHealthcare with the high-margin Optum services platform spanning care delivery, pharmacy benefits, and data analytics. The stock has fallen roughly 49% from its 2024 peak of $596, driven by elevated medical costs, DOJ antitrust scrutiny, CEO transitions (Brian Thompson's murder…
Accumulation Zones
| Metric |
HON |
UNH |
| Zone Low |
$158.80 |
$280.00 |
| Zone High |
$179.97 |
$340.00 |
| In Buy Zone? |
No
|
Yes
|