Honeywell International Inc. logo HON - Honeywell International Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 20
HOLD 10
SELL 0
STRONG
SELL
0
| PRICE TARGET: $258.92 DETAILS
HIGH: $293.00
LOW: $231.00
MEDIAN: $255.00
CONSENSUS: $258.92
UPSIDE: 23.33%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 4.9% below fair value
Current Price $209.93
Bear Case $176.64 15.9% downside ($176.64 - $209.93) / $209.93 = -15.9% $14.72 × 12x P/E
Fair Value $220.80 5.2% upside ($220.80 - $209.93) / $209.93 = 5.2% $14.72 × 15x P/E
Bull Case $264.96 26.2% upside ($264.96 - $209.93) / $209.93 = 26.2% $14.72 × 18x P/E

Adjust Assumptions

15.0x
14.72$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 14.3x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $14.72, the base-case value is $220.80 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (30 analysts) $258.92
Analyst Range $231.00 – $293.00
Divergence from AlphaVal 15%

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples