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STOCK COMPARISON

AstraZeneca vs UnitedHealth: Fair Value & Quality

Both stocks run through our valuation models. Here is how AstraZeneca (AZN) and UnitedHealth (UNH) compare, as of Oct 30, 2026.

As of Oct 30, 2026, Fair Value Calculator sees UnitedHealth as the more attractively valued of the two: AstraZeneca trades at £140 versus a fair value of £94.94 (−32.0%), while UnitedHealth trades at $407 versus $532 (+30.7%).
AstraZeneca
AZN.LSE · GBP · Health Care
−32.0%
upside to fair value
overvalued
Price£140
Fair Value£94.94
Quality70/100
Fair ValueQualityUptrend
UnitedHealth
UNH · USD · Health Care
+30.7%
upside to fair value
undervalued
Price$407
Fair Value$532
Quality61/100
Meets all rules
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

AstraZenecaUnitedHealth
Valuation
28.0×P/E (TTM)26.2×
n/aP/E ex one-offs (FY2025)29.1×
16.4×Forward P/E (FY2027)17.5×
n/aMedian P/E at FY-end (10 FY, ex one-offs where documented)22.1×
4.68×P/S (TTM)0.82×
6.00× · book value is mostly goodwillP/B3.92× · book value is mostly goodwill
14.6×EV/EBITDA14.4×
1.32×PEG1.01×
−32.0%Fair value upside+30.7%
1.7%Dividend yield0.5%
£2.39Dividend per share$2.21
Profitability
29.6%Operating margin5.8%
1.38×EBIT margin trend (5Y)0.48×
22.6%Return on equity15.8%
9.0%Return on assets3.9%
Growth
6.7%Revenue growth (YoY)-0.4%
9.9%Avg. growth/yr (3Y)11.4%
14.9%Avg. growth/yr (5Y)11.7%
+46.5%Value creation/yr−2.2%
Balance & size
8.1×Interest coverage (EBIT/interest)4.7×
0.51×Debt / equity0.77×
$292BMarket cap$369B
healthyGrowth qualitymixed
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.
UnitedHealth, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 4 of the years ex one-offs: 22.1.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

AstraZeneca leads: 9 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

AstraZeneca UnitedHealth
ProfitabilityHow much profit the company makes from its sales and capital
63
52
Quality GrowthAre margins and returns getting better?
76
48
CashflowDo the profits arrive as real cash?
63
52
Financial strengthDebt, balance sheet and risk of trouble
63
51
InvestmentDoes it invest with discipline instead of growing at any price?
60
76
Low VolatilityHow calm the share price moves, does not count
86
73
Price momentumPrice momentum of the last 3 to 12 months, does not count
51
47
Near the 52-week highDistance to the 52-week high, does not count
56
69
New sharesBuys back shares or issues new ones?
83
90

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyAstraZenecaPrice £140UnitedHealthPrice $407
DCF Models−33.3%below the price£93.18+10.0%close to the price$448
Earnings-Based−67.4%below the price£45.54−51.4%below the price$198
Dividend Discount−66.0%below the price£47.47−53.7%below the price$188
Multiples−27.8%below the price£101−27.4%below the price$295
Growth DCF−38.8%below the price£85.49+22.4%above the price$498
Economic Profit−59.6%below the price£56.43−48.3%below the price$210
Growth Earnings−32.0%below the price£94.94−27.4%below the price$295
Matching families7 of 7
Minimum−67.4%below the price£45.54−53.7%below the price$188
Maximum−27.8%below the price£101+22.4%above the price$498
Median−38.8%below the price£85.49−27.4%below the price$295
Geometric mean−49.0%below the price£71.22−30.0%below the price$285
Ahead family by family0 of 77 of 7

Minimum, maximum, median and geometric mean only use the families both stocks have (matching families: 7 of 7), so a family without a value on one side does not distort the comparison. Ahead in a family is the stock whose fair value there sits higher relative to its price. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Family by family: UnitedHealth is ahead in 7 of 7 shared families, AstraZeneca in none.

AstraZeneca: 24 of 24 models see the stock below the current price.

UnitedHealth: 17 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

AstraZeneca
Price £140
Fair Value £94.94
Bear £56.13Bull £129
UnitedHealth
Price $407
Fair Value $532
Bear $377Bull $691

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

AstraZeneca · Health Care

Quality score70 · Top 25%
Fair value upside−32.0% · below median

UnitedHealth · Health Care

Quality score61 · above median
Fair value upside+30.7% · Top 25%

Bottom line

As of Oct 30, 2026, Fair Value Calculator sees UnitedHealth as the more attractively valued of the two: AstraZeneca trades at £140 versus a fair value of £94.94 (−32.0%), while UnitedHealth trades at $407 versus $532 (+30.7%).

AstraZeneca has the higher quality score (70/100).

Open UnitedHealth live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.