JPM vs UNH: Which Is the Better Buy?
Side-by-side comparison of JPMorgan Chase & Co. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-18.
JPMorgan Chase & Co. · Financial Services
$350.13
+26.9% upside to fair value
Med Conviction
Grade A-
High Quality
VS
UnitedHealth Group Incorporated · Healthcare
$375.21
+28.2% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
UNH has more upside to fair value
(+28.2%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
JPM |
UNH |
| Current Price |
$350.13 |
$375.21 |
| Fair Value Estimate |
$444.48 |
$481.06 |
| Upside to Fair Value |
+26.9%
|
+28.2%
|
| Market Cap |
$938.2B |
$340.7B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
20.0x
|
15.0x
|
| Price / Sales |
3.1x
|
0.8x
|
| Price / FCF |
—
|
14.4x
|
| Revenue Growth YoY |
+17.9%
|
+0.4%
|
| Gross Margin |
62.6%
|
22.5%
|
| Operating Margin |
28.2%
|
4.8%
|
| Return on Equity |
17.8%
|
14.6%
|
| Dividend Yield |
1.71% |
2.41% |
| FCF Yield |
—
|
6.95%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
JPMorgan Chase is a diversified global bank spanning consumer banking, cards, payments, commercial banking, investment banking, markets, treasury services, and asset and wealth management, with an unusually high-quality franchise supported by funding scale, distribution, leading market positions and cross-selling across 86.6 million U.S. consumers and more than 90% of Fortune 500 companies. Busin…
UnitedHealth Group is the largest diversified healthcare enterprise in the United States, operating UnitedHealthcare insurance plans alongside Optum Health, Optum Insight, and Optum Rx, with 390,000 employees and a market capitalization of $340.74 billion. The business quality is high: a 14.6% return on equity, $26.07 in free cash flow per share, and a P/FCF of 14.39 demonstrate strong cash gener…
Accumulation Zones
| Metric |
JPM |
UNH |
| Zone Low |
$333.36 |
$360.80 |
| Zone High |
$377.81 |
$408.90 |
| In Buy Zone? |
Yes
|
Yes
|