JPM vs MS: Which Is the Better Buy?
Side-by-side comparison of JPMorgan Chase & Co. and Morgan Stanley โ fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-17.
JPMorgan Chase & Co. ยท Financial Services
$334.53
+45.0% upside to fair value
Grade B
High Quality
VS
Morgan Stanley ยท Financial Services
$218.37
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
JPM trades at a lower forward P/E
(14.3x).
These are model outputs โ not personalized investment advice.
See all research โ
Valuation & Fundamentals
| Metric |
JPM |
MS |
| Current Price |
$334.53 |
$218.37 |
| Fair Value Estimate |
$485.07 |
$316.64 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$896.4B |
$344.4B |
| Forward P/E |
14.3x
|
23.6x
|
| EV / EBITDA |
12.4x
|
9.8x
|
| Price / Sales |
5.4x
|
2.7x
|
| Price / FCF |
6.4x
|
-327.4x
|
| Revenue Growth YoY |
-168.4%
|
+22.4%
|
| Gross Margin |
78.6%
|
56.6%
|
| Operating Margin |
33.7%
|
28.4%
|
| Return on Equity |
17.8%
|
23.4%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
15.72%
|
โ
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
JPMorgan Chase & Co. operates as a leading diversified bank within the financial services sector, demonstrating a high-quality business model characterized by a strong return on equity of 17.8% and robust profitability margins including a net margin of 38.9%. Despite a significant revenue decline of 168.4% year-over-year in the most recent quarter, earnings grew by 41.2%, reflecting operational eโฆ
Morgan Stanley is a leading global financial services firm specializing in capital markets, wealth management, and investment banking. The company demonstrates high business quality with a strong return on equity of 23.4% and robust revenue growth of 22.4% in the most recent quarter, alongside impressive earnings growth of 57.7% in the same period. Its gross margin of 56.6% and net margin of 20.2โฆ
Accumulation Zones
| Metric |
JPM |
MS |
| Zone Low |
$363.80 |
$237.48 |
| Zone High |
$412.31 |
$269.14 |
| In Buy Zone? |
Yes
|
Yes
|