HON vs V: Which Is the Better Buy?
Side-by-side comparison of Honeywell International Inc. and Visa Inc. — 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
Visa Inc. · Financial Services
$304.36
+37.7% upside to fair value
High Conviction
Grade A-
QuantHub Verdict
V has more upside to fair value
(+37.7%).
HON trades at a lower forward P/E
(22.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
V |
| Current Price |
$235.04 |
$304.36 |
| Fair Value Estimate |
$211.73 |
$419.00 |
| Upside to Fair Value |
-9.9%
|
+37.7%
|
| Market Cap |
$149.4B |
$586.8B |
| Forward P/E |
22.3x
|
23.7x
|
| EV / EBITDA |
16.9x
|
22.3x
|
| Price / Sales |
4.0x
|
14.2x
|
| Price / FCF |
27.7x
|
25.6x
|
| Revenue Growth YoY |
-2.7%
|
+11.3%
|
| Gross Margin |
36.9%
|
81.08%
|
| Operating Margin |
17.7%
|
59.18%
|
| Return on Equity |
33.28%
|
54.22%
|
| Dividend Yield |
1.92% |
0.83% |
| FCF Yield |
3.61%
|
3.91%
|
| Analyst Consensus |
Buy
|
Strong 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 …
Visa is the world's dominant payment network with $40B in net revenue (FY2025), 50%+ net margins, and a capital-light toll-booth model processing $14.2T in annual payment volume across 257.5B transactions. The business compounds at 10-12% revenue CAGR with operating leverage pushing EPS growth to 12-15% over a cycle, funded by $21.6B in annual free cash flow against only $1.5B in capex. At 28.0x …
Accumulation Zones
| Metric |
HON |
V |
| Zone Low |
$158.80 |
$265.00 |
| Zone High |
$179.97 |
$300.00 |
| In Buy Zone? |
No
|
No
|