Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
Honeywell International Inc (HONB34) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Honeywell International Inc BRL 874, price BRL 1,123, upside -22.2%, quality 68 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
HI
Broad data
Sep 29, 2026
Honeywell International Inc
HONB34 · SAOvervalued / MonitorQuality is not strong enough to offset the price risk.
!Fair value R$873.53 · Overvalued (−22.2%)
✓Quality 68/100
✓Healthy Growth (revenue 5y +2.8 %/yr)
✓Solidly profitable · 10.9% net margin (TTM)
!High debt · generates free cash flow
✓0.8% dividend yield · Sustainable
✓Wide moat 66/100
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$973.85 – R$2,885 · fair‑value band R$546.37 – R$1,060 · the R$1,123 price screens above the R$873.53 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
Honeywell International Inc. engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.
Show more
Honeywell International Inc. engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally. The company's Aerospace Technologies segment offers auxiliary power units, propulsion engines, integrated avionics, connectivity services, electric power systems, management and technical services, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; thermal systems; and spare parts; repair, overhaul, and maintenance services. Its Industrial Automation segment provides automation control and instrumentation products and services; smart energy products; sensing technologies with custom-engineered sensors and services; gas detection technologies and personal protective equipment; and system design automation equipment, as well as software and analytics for manufacturing, distribution, and fulfillment operations. Its Building Automation segment provides software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrade of systems. The company's Energy and Sustainability Solutions segment, through its UOP business, delivers licensed process technology, equipment, engineering, catalysts, adsorbents, and services for refining, petrochemicals, low-carbon energy, gas and LNG, and industrial solutions; as well as connectivity, data integration and software solutions. Honeywell International Inc. was founded in 1885 and is headquartered in Charlotte, North Carolina.
Stock analysis
Honeywell International Inc (HONB34) currently trades at R$1,123, while our model-based Fair Value estimate is R$873.53, 22.2% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of R$1,167 per share, and 4 of the 12 models we run sit above the R$1,123 price.
Bear case: the Asset-Based group reads lowest at R$153.55, and 8 of the 12 models stay below the price. Evidence for this calculation is high.
Scenario range: R$546.37 (bear) to R$1,060 (bull), the price of R$1,123 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Honeywell International Inc reported revenue of $37.4B in FY2025 versus $34.4B in FY2021, a compound +2.1%/yr. Reported net income was $4.7B in FY2025, compounding −3.9%/yr from FY2021.
Key figures
Market cap R$713B (≈ $137B) · P/E ratio 17.3 · P/S ratio 2.19 · EPS (TTM) R$64.83 · Dividend yield 0.8% · Net margin 12.6% · Return on equity 24.3% · Return on assets (EBIT) 9.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 56% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −16% fair-value upside, at −22%, HONB34 screens richer than that median.
Fair Value models
Bear R$546.37
Fair Value R$873.53
Bull R$1,060
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (R$42.00 per share) are deliberately not added.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Growth DCF
R$808.07
R$1,154
R$1,783
78
Owner Earnings
R$579.72
R$867.05
R$1,438
75
Residual Income
R$422.81
R$489.81
R$740.28
75
All 12 models by family
DCF Models
Owner Earnings
R$579.72
R$867.05
R$1,438
75
5Y P/E Exit
R$799.36
R$1,282
R$1,873
70
10Y P/E Exit
R$778.61
R$1,167
R$1,563
64
Earnings-Based
Graham-Dodd
R$530.05
R$879.54
R$1,068
67
Dividend Discount
Gordon GGM
R$450.40
R$554.56
R$664.85
69
DDM Multi-Stage
R$450.40
R$602.96
R$791.87
67
Multiples
P/E Multiple
R$1,228
R$1,637
R$2,046
63
P/B Multiple
R$773.49
R$1,031
R$1,289
55
Asset-Based
NCAV (Graham)
R$114.59
R$153.55
R$229.18
54
Growth DCF
Growth DCF
R$808.07
R$1,154
R$1,783
78
Rev-Margin DCF
R$587.04
R$941.36
R$1,397
72
Economic Profit
Residual Income
R$422.81
R$489.81
R$740.28
75
Notify me when HONB34 reaches fair value
Put HONB34 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
68/100
Of which business quality 63 · Market factors (momentum, volatility) 17
Profitability
54
Margins and returns on capital today
Quality Growth
40
Are margins and returns improving?
Cashflow
67
Earnings quality: real cash, not paper profit
Fin. Strength
46
Balance sheet, leverage, solvency risk
Investment
89
Disciplined investing over empire-building
Low Volatility
34
Calm price path (market factor)
Momentum
14
Price trend over the last 3–12 months (market factor)
52W Momentum
3
Distance to the 52-week high (market factor)
Net Issuance
100
Share count: buybacks or dilution?
Revenue & earnings trend
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.
74/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.5%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−0.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.6%
Dividend (yield on the price)0.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.18% → 15%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+22.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−10.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +19.7% a year for the price and −12.4% for the forecasts.
Forecast 2026 (sales)−46.0%
Forecast 2027 (sales)+1.8%
Projected 2028 (sales)+1.8%
Projected 2029 (sales)+1.8%
Projected 2030 (sales)+1.9%
HONB34 screens overvalued: fair value 22% below the price. Compare with 3M Company →
Recent news
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.
Positive
Recent news coverage is more positive than average.
- Honeywell (HON) Stock May Be Undervalued After Marine Corps Security Win
- Why Honeywell International (HON) Is Back In The Spotlight
- Honeywell Technologies Announces Quarterly Dividend
- 3M vs. Honeywell: Which Industrial Conglomerate is a Stronger Pick?
Compare Honeywell International Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Context: sector, industry, market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
None of the checked exposures detected
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| 3M Company MMM | $164.15 | $72.78 | −56% |
| CITIC Limited 0267 | HK$12.94 | HK$25.88 | +100% |
| Swire Pacific Limited 0019 | HK$102.00 | HK$28.34 | −72% |
| CK Hutchison Holdings 0001 | HK$67.25 | HK$134.50 | +100% |
| SK Inc 034730 | 611,000 KRW | 348,688 KRW | −43% |
| Jardine Matheson Holdings J36 | $55.36 | $78.34 | +42% |
| Keppel Ltd BN4 | 11.30 SGD | 3.88 SGD | −66% |
| Kingdom Holding 4280 | 13.08 SAR | 13.40 SAR | +2% |
| Koç Holding KCHOL | 216.50 TRY | 182.26 TRY | −16% |
| Aker ASA AKER | kr 1,396 | kr 1,017 | −27% |
Explore undervalued stocks
More undervalued Industrials stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is Honeywell International Inc (HONB34) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of R$873.53 versus a price of R$1,123, about −22% upside (overvalued).
What is the fair value of HONB34?
Our model-based fair value for Honeywell International Inc is R$873.53 (as of Sep 29, 2026), built from audited fundamentals. The current price: R$1,123.
What is the quality score of HONB34?
Honeywell International Inc has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Honeywell International Inc (HONB34)?
Our model-based price target is the fair value of R$873.53 (as of Sep 29, 2026) from 12 valuation models. Cautious scenario R$546.37, optimistic scenario R$1,060. It is a calculation from audited fundamentals, not an analyst target.
What is the Honeywell International Inc stock forecast for 2026?
Our models put fair value at R$873.53, about −22% upside versus a price of R$1,123 (overvalued). Cautious scenario R$546.37, optimistic scenario R$1,060. The calculation is refreshed regularly with new filings.
What is the revenue of Honeywell International Inc (HONB34)?
Honeywell International Inc reported trailing-twelve-month revenue of about $37.7B (latest available figure, as of Sep 29, 2026).
Does Honeywell International Inc pay a dividend?
Honeywell International Inc currently shows a dividend yield of about 0.83% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Honeywell International Inc (HONB34)?
For today's price to be fair in a discounted-cash-flow model, Honeywell International Inc would have to grow free cash flow by +22.5 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.8 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of HONB34 use?
Our models discount Honeywell International Inc at 12.0 %: a base by market capitalisation (large), damped by beta 0.93, country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Honeywell International Inc that is +22.5 % per year a year over ten years, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has Honeywell International Inc (HONB34) delivered so far?
Over the past 5 years revenue at Honeywell International Inc grew +2.8 % a year. The price currently implies +22.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Honeywell International Inc (HONB34) growing?
The median revenue growth in the sector is +7.2 % a year. That is the yardstick for the growth priced into Honeywell International Inc (+22.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Honeywell International Inc (HONB34)?
The free-cash-flow yield on the price is 3.97 %: that much free cash flow Honeywell International Inc produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Honeywell International Inc (HONB34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Honeywell International Inc it is R$873.53 per share (as of Sep 29, 2026), against a price of R$1,123. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is Honeywell International Inc stock overvalued or undervalued in 2026?
As of Sep 29, 2026, HONB34 trades above its calculated fair value: price R$1,123, fair value R$873.53, a gap of about −22% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HONB34?
No. The price is what the market pays today (R$1,123); the fair value is what the company's own numbers justify (R$873.53). For Honeywell International Inc the two are R$249.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Honeywell International Inc worth?
The market values Honeywell International Inc at about R$713B (market capitalisation, as of Sep 29, 2026). Per share that is R$1,123; our models calculate a fair value of R$873.53 per share.
What do the bullish and bearish scenarios say about HONB34?
Our models span a range for Honeywell International Inc: cautious scenario R$546.37, base R$873.53, optimistic R$1,060 per share (as of Sep 29, 2026, price R$1,123). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is HONB34 from its 52-week high?
Honeywell International Inc trades at R$1,123, about 56% below its 52-week high of R$2,563 and 9% above the low of R$1,031 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of R$873.53 is for.
Which stocks are comparable to Honeywell International Inc?
From the same area (Industrials) we also value 3M Company, CITIC Limited, Swire Pacific Limited, CK Hutchison Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Honeywell International Inc stock attractive at the current price?
The data as of Sep 29, 2026: price R$1,123, calculated fair value R$873.53 (−22%), Quality Score 68/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HONB34 calculated?
We run Honeywell International Inc through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$873.53, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Honeywell International Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Honeywell International Inc (HONB34)?
The closing price on Oct 1, 2026 was R$1,123. Our model-based fair value is R$873.53, about −22% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Honeywell International Inc right now?
The price sits above even our optimistic bull case (R$1,060). The favourable scenario is already priced in. Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (R$546.37 to R$1,060) leaves room in how you read the outcome.
Key figures of Honeywell International Inc
How large is the market capitalisation of Honeywell International Inc (HONB34)?
The market capitalisation of Honeywell International Inc is R$713B (≈ $137B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Honeywell International Inc (HONB34)?
The price-to-earnings ratio of Honeywell International Inc is 17.3. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Honeywell International Inc (HONB34)?
The price-to-sales ratio of Honeywell International Inc is 2.19 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Honeywell International Inc (HONB34)?
Earnings per share at Honeywell International Inc are R$64.83 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Honeywell International Inc (HONB34)?
The dividend yield of Honeywell International Inc is 0.8% (payout 14.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Honeywell International Inc (HONB34)?
The net margin of Honeywell International Inc is 12.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Honeywell International Inc (HONB34)?
The return on equity (ROE) of Honeywell International Inc is 24.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Honeywell International Inc (HONB34)?
On an EBIT basis the return on assets of Honeywell International Inc is 9.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Honeywell International Inc (HONB34)?
The operating margin of Honeywell International Inc is 21.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Honeywell International Inc (HONB34)?
Revenue at Honeywell International Inc is growing +2.4% versus a year earlier (3y avg +1.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Honeywell International Inc (HONB34)?
Earnings per share at Honeywell International Inc are growing −41.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Honeywell International Inc (HONB34) carry?
The net debt of Honeywell International Inc is $22.1B (fiscal year 2025, ≈ 4.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Continue in the live analysis
Fair value and trend for 35,000+ stocks, watchlist, comparison and the diversification check. You can also try 14 days of Pro there, no card.
Open the live analysis →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.