Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. More Details
Established dividend payer and fair value.
Share Price & News
How has Honeywell International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HON is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HON's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HON exceeded the US Industrials industry which returned 52% over the past year.
Return vs Market: HON exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Honeywell International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHoneywell International's (NASDAQ:HON) Debt is Stable Ahead of Earnings
3 months ago | Simply Wall StShareholders Of Honeywell International (NYSE:HON) Must Be Happy With Their 130% Total Return
3 months ago | Simply Wall StAre Institutions Heavily Invested In Honeywell International Inc.'s (NYSE:HON) Shares?
Is Honeywell International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HON ($233.79) is trading below our estimate of fair value ($300.38)
Significantly Below Fair Value: HON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HON is good value based on its PE Ratio (32.8x) compared to the US Industrials industry average (33x).
PE vs Market: HON is poor value based on its PE Ratio (32.8x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: HON is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: HON is overvalued based on its PB Ratio (9x) compared to the US Industrials industry average (4.5x).
How is Honeywell International forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HON's forecast earnings growth (10.8% per year) is above the savings rate (2%).
Earnings vs Market: HON's earnings (10.8% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: HON's earnings are forecast to grow, but not significantly.
Revenue vs Market: HON's revenue (6.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: HON's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HON's Return on Equity is forecast to be high in 3 years time (37.7%)
How has Honeywell International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HON has high quality earnings.
Growing Profit Margin: HON's current net profit margins (14.6%) are lower than last year (16.9%).
Past Earnings Growth Analysis
Earnings Trend: HON's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: HON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HON had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Industrials industry average (-10.5%).
Return on Equity
High ROE: Whilst HON's Return on Equity (27.76%) is high, this metric is skewed due to their high level of debt.
How is Honeywell International's financial position?
Financial Position Analysis
Short Term Liabilities: HON's short term assets ($25.7B) exceed its short term liabilities ($18.1B).
Long Term Liabilities: HON's short term assets ($25.7B) do not cover its long term liabilities ($27.6B).
Debt to Equity History and Analysis
Debt Level: HON's debt to equity ratio (116.4%) is considered high.
Reducing Debt: HON's debt to equity ratio has increased from 74.1% to 116.4% over the past 5 years.
Debt Coverage: HON's debt is well covered by operating cash flow (28.5%).
Interest Coverage: HON's interest payments on its debt are well covered by EBIT (25.2x coverage).
What is Honeywell International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HON's dividend (1.59%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: HON's dividend (1.59%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: HON's dividends per share have been stable in the past 10 years.
Growing Dividend: HON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.8%), HON's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HON's dividends in 3 years are forecast to be well covered by earnings (39.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Darius Adamczyk (55 yo)
Mr. Darius E. Adamczyk is Chairman and Chief Executive Officer of Honeywell International Inc. since April 2018, a leading software-industrial company that helps connect everything from aircraft, cars, hom...
CEO Compensation Analysis
Compensation vs Market: Darius's total compensation ($USD19.08M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Darius's compensation has been consistent with company performance over the past year.
Experienced Management: HON's management team is considered experienced (3.2 years average tenure).
Experienced Board: HON's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Honeywell International Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Honeywell International Inc.
- Ticker: HON
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$161.408b
- Shares outstanding: 690.40m
- Website: https://www.honeywell.com
Number of Employees
- Honeywell International Inc.
- 300 South Tryon Street
- North Carolina
- United States
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environme...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 05:53|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.