SLB vs UNH: Which Is the Better Buy?

Side-by-side comparison of SLB N.V. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-11.
SLB N.V. · Energy
$51.92
-20.2% upside to fair value
Med Conviction Grade C+
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 SLB UNH
Current Price $51.92 $304.33
Fair Value Estimate $41.43 $430.00
Upside to Fair Value -20.2% +41.3%
Market Cap $77.9B $276.2B
Forward P/E 18.6x 15.1x
EV / EBITDA 9.2x 14.3x
Price / Sales 2.2x 0.6x
Price / FCF 16.1x 17.2x
Revenue Growth YoY -1.6% +11.8%
Gross Margin 18.21% 18.5%
Operating Margin 15.28% 4.2%
Return on Equity 12.83% 12.7%
Dividend Yield 2.21% 2.9%
FCF Yield 6.21% 5.82%
Analyst Consensus Buy Buy
Investment Thesis
SLB — SLB N.V.
SLB is the world's largest oilfield services company with $35.7B in FY2025 revenue, operating across four divisions: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The company completed the ChampionX acquisition in 2025 and is pursuing a digital transformation and AI-driven strategy. At $51.92, SLB trades at 2.18x P/S (in the fair range of the 5-year di…
UNH — UnitedHealth Group Incorporated
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 SLB UNH
Zone Low $34.00 $280.00
Zone High $39.00 $340.00
In Buy Zone? No Yes
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