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Stock Comparison · Industry comparison · Medical Instruments & Supplies

Alcon vs Becton, Dickinson and Company: Which Stock Looks Stronger in 2026?

Becton, Dickinson and Company holds the cleaner structural position, with the lead spread across valuation and stability. Alcon does not offset that deficit through any equally strong structural edge elsewhere. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

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

Updated 2026-04-05

The lead is spread across valuation and stability, rather than sitting in one isolated gap. Becton, Dickinson and Company leads by 21 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Medical Instruments & Supplies

This comparison is based on industry proximity, not on functional trajectory similarity. ALC.SW and BDX share the same industry classification.

For a similarity-based comparison, see how Alcon and BDX each position within their functional peer groups in AssetNext.

Peer-Relative Score
ALC.SW
Alcon Inc.
33
Peer-Score
Signal qualityHigh
vs
BDX
Becton, Dickinson and Company
54
Peer-Score
Signal qualityHigh

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

Score differences across key dimensions.

Dimension spread: ALC.SW vs BDX Profitability 21 20 Stability 47 79 Valuation 33 74 Growth 38 48 ALC.SW BDX
Gap Ranking
#1 Valuation +41
#2 Stability +32
#3 Growth +10
#4 Profitability +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALC.SW and BDX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALC.SWBDX Relative valuation Structural strength

Becton, Dickinson and Company looks stronger on relative valuation, while the broader price setup remains mixed.

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

Relative Position vs Comparable Companies
Valuation
On valuation, Becton, Dickinson and Company ranks near the top of the group; Alcon Inc. sits in the weaker half.
Stability
On stability, the same pattern holds: both are strong, but Becton, Dickinson and Company still leads clearly.
Valuation — Dominant Gap
ALC.SW
33
BDX
74
Gap+41in favour of BDX

The multiple-based pricing edge comes from a forward P/E that is 5.9 turns lower.

What else supports the lead

Stability also supports the lead, so the result is broader than one isolated gap.

What this means for the comparison

The lead is built on both valuation and stability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the ALC.SW vs BDX comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-stability comparisons

Explore how ALC.SW and BDX 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.