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ageas SA/ vs ICG: Which Stock Looks Stronger in 2026?

ICG holds the cleaner structural position, with the lead spread across profitability and growth. ageas / still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward ageas /, which does not confirm the structural lead. That leaves a split case: the structural lead stays with ICG, but the market is not currently confirming it.

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

Updated 2026-04-05

Most of the lead runs through profitability, while growth helps make the separation broader. ICG plc leads by 29 points on the overall comparison score.

Trajectory Similarity
0.68
Moderately similar
Peer-set rank: #8
within ageas SA/NV's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

The match is driven mainly by capital structure and margin consistency.

Similarity drivers
capital structuremargin consistency
What reduces the match
revenue growth trajectory
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AGS.BR
ageas SA/NV
47
Peer-Score
Signal qualityMedium
vs
ICG.L
ICG plc
76
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: AGS.BR vs ICG.L Profitability 14 95 Stability 46 24 Valuation 85 87 Growth 37 83 AGS.BR ICG.L
Gap Ranking
#1 Profitability +81
#2 Growth +46
#3 Stability +22
#4 Valuation +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AGS.BR and ICG.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AGS.BRICG.L Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

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

Relative Position vs Comparable Companies
Profitability
On profitability, ICG plc ranks near the top of the group; ageas SA/NV sits in the weaker half.
Growth
On growth, the gap still runs the same way: ICG plc sits near the top of the group, while ageas SA/NV remains in the weaker half.
Profitability — Dominant Gap
AGS.BR
14
ICG.L
95
Gap+81in favour of ICG.L

The profitability lead is mainly driven by a 51-point operating margin advantage.

What keeps the gap from being one-sided

Stability is the one area where ageas SA/NV still pushes back materially — it is the steadier name on this dimension, which keeps the result from reading as one-way.

What this means for the comparison

The lead is built on both profitability and growth — though stability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the AGS.BR vs ICG.L comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how AGS.BR and ICG.L 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.