WallStSmart

Deluxe Corporation (DLX)vsHoneywell International Inc (HON)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Honeywell International Inc generates 1701% more annual revenue ($38.06B vs $2.11B). HON leads profitability with a 21.6% profit margin vs 4.8%. DLX appears more attractively valued with a PEG of 0.46. HON earns a higher WallStSmart Score of 71/100 (B).

DLX

Buy

57

out of 100

Grade: C

Growth: 2.0Profit: 6.0Value: 10.0Quality: 4.0
Piotroski: 4/9Altman Z: 1.47

HON

Strong Buy

71

out of 100

Grade: B

Growth: 6.0Profit: 8.0Value: 4.7Quality: 5.5
Piotroski: 4/9Altman Z: 2.05
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DLXUndervalued (+31.2%)

Margin of Safety

+31.2%

Fair Value

$38.20

Current Price

$23.62

$14.58 discount

UndervaluedFair: $38.20Overvalued
HONSignificantly Overvalued (-28.5%)

Margin of Safety

-28.5%

Fair Value

$189.61

Current Price

$202.36

$12.75 premium

UndervaluedFair: $189.61Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DLX3 strengths · Avg: 9.3/10
PEG RatioValuation
0.4610/10

Growing faster than its price suggests

P/E RatioValuation
10.8x10/10

Attractively priced relative to earnings

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

HON6 strengths · Avg: 9.3/10
P/E RatioValuation
7.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
32.6%10/10

Every $100 of equity generates 33 in profit

EPS GrowthGrowth
263.9%10/10

Earnings expanding 263.9% YoY

Market CapQuality
$64.14B9/10

Large-cap with strong market position

Profit MarginProfitability
21.6%9/10

Keeps 22 of every $100 in revenue as profit

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

Areas to Watch

DLX4 concerns · Avg: 2.5/10
Market CapQuality
$1.08B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
4.8%3/10

4.8% margin — thin

Revenue GrowthGrowth
-4.2%2/10

Revenue declined 4.2%

EPS GrowthGrowth
-17.7%2/10

Earnings declined 17.7%

HON3 concerns · Avg: 3.0/10
Revenue GrowthGrowth
4.3%4/10

4.3% revenue growth

Debt/EquityHealth
1.353/10

Elevated debt levels

PEG RatioValuation
3.302/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : DLX

The strongest argument for DLX centers on PEG Ratio, P/E Ratio, Price/Book. PEG of 0.46 suggests the stock is reasonably priced for its growth.

Bull Case : HON

The strongest argument for HON centers on P/E Ratio, Return on Equity, EPS Growth. Profitability is solid with margins at 21.6% and operating margin at 20.3%.

Bear Case : DLX

The primary concerns for DLX are Market Cap, Profit Margin, Revenue Growth. Debt-to-equity of 2.07 is elevated, increasing financial risk. Thin 4.8% margins leave little buffer for downturns.

Bear Case : HON

The primary concerns for HON are Revenue Growth, Debt/Equity, PEG Ratio.

Key Dynamics to Monitor

DLX carries more volatility with a beta of 1.23 — expect wider price swings.

HON is growing revenue faster at 4.3% — sustainability is the question.

HON generates stronger free cash flow (961M), providing more financial flexibility.

Monitor CONGLOMERATES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HON scores higher overall (71/100 vs 57/100), backed by strong 21.6% margins. DLX offers better value entry with a 31.2% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Deluxe Corporation

INDUSTRIALS · CONGLOMERATES · USA

Deluxe Corporation provides technology-based solutions for small businesses and financial institutions in the United States, Canada, Australia, South America, and Europe. The company is headquartered in Shoreview, Minnesota.

Honeywell International Inc

INDUSTRIALS · CONGLOMERATES · USA

Honeywell International Inc. is an American publicly traded, multinational conglomerate headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS).

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