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Stock Comparison · Industry comparison · Insurance - Diversified

ageas SA/ vs Helvetia Baloise Holding: Which Stock Looks Stronger in 2026?

ageas / leads structurally, with valuation as the clearest single gap between the two profiles. Helvetia Baloise still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Valuation still does most of the heavy lifting in this comparison. ageas SA/NV leads by 8 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Insurance - Diversified

This comparison is based on industry proximity, not on functional trajectory similarity. AGS.BR and HBAN.SW share the same industry classification.

For a similarity-based comparison, see how ageas / and Helvetia Baloise each position within their functional peer groups in AssetNext.

Peer-Relative Score
AGS.BR
ageas SA/NV
47
Peer-Score
Signal qualityMedium
vs
HBAN.SW
Helvetia Baloise Holding AG
39
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: AGS.BR vs HBAN.SW Profitability 14 7 Stability 46 55 Valuation 85 53 Growth 37 48 AGS.BR HBAN.SW
Gap Ranking
#1 Valuation +32
#2 Growth +11
#3 Stability +9
#4 Profitability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AGS.BR and HBAN.SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AGS.BRHBAN.SW Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Helvetia Baloise Holding AG.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but ageas SA/NV still holds a clear edge.
Growth
Helvetia Baloise Holding AG sits higher in the group on growth, adding to the overall structural advantage.
Valuation — Dominant Gap
AGS.BR
85
HBAN.SW
53
Gap+32in favour of AGS.BR

The multiple-based pricing edge comes from a forward P/E that is 9.6 turns lower.

What keeps the gap from being one-sided

Earnings growth also leans the other way, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

Valuation answers the question more clearly than the overall score separation does.

Explore full peer positioning in AssetNext

Break down the AGS.BR vs HBAN.SW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-driven comparisons

Explore how AGS.BR and HBAN.SW each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.