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Allegro MicroSystems vs Nordic Semiconductor A: Which Stock Looks Stronger in 2026?

Allegro MicroSystems leads structurally, with valuation as the clearest single gap between the two profiles. Nordic Semiconductor ASA still leads on growth and stability, 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. Peer scores are normalised within each company's primary universe (ALGM: Russell 1000, NOD.OL: STOXX 600).

Updated 2026-07-05

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. Allegro MicroSystems, Inc. leads by 9 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Semiconductors

This comparison is based on industry proximity, not on functional trajectory similarity. ALGM and NOD.OL share the same industry classification.

For a similarity-based comparison, see how Allegro MicroSystems and Nordic Semiconductor ASA each position within their functional peer groups in AssetNext.

Peer-Relative Score
ALGM
Allegro MicroSystems, Inc.
34
Peer-Score
Signal qualityHigh
Peer basis: Russell 1000
vs
NOD.OL
Nordic Semiconductor ASA
25
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600

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: ALGM vs NOD.OL Profitability 6 0 Stability 35 47 Valuation 58 10 Growth 41 66 ALGM NOD.OL
Gap Ranking
#1 Valuation +48
#2 Growth +25
#3 Stability +12
#4 Profitability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALGM and NOD.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALGMNOD.OL Relative valuation Structural strength

Nordic Semiconductor ASA is cheaper, but Allegro MicroSystems, Inc. is still stronger.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ALGM and NOD.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ALGM Elevated · near norm 0th 50th 100th 18 pct gap NOD.OL Elevated · above norm 0th 50th 100th 99th 80th
Today NOD.OL sits in the upper portion of its own 5-year history (80th percentile), while ALGM sits higher in its own history (99th). Within each stock's own 5-year context, NOD.OL is at a historically more favourable entry position than ALGM. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Allegro MicroSystems, Inc. sits in the stronger part of the group on valuation, while Nordic Semiconductor ASA is closer to mid-pack.
Growth
Both profiles are strong on growth, but Nordic Semiconductor ASA leads clearly.
Valuation — Dominant Gap
ALGM
58
NOD.OL
10
Gap+48in favour of ALGM

The main spread comes from a meaningfully cheaper peer-relative valuation.

What keeps the gap from being one-sided

A meaningful counterforce remains in growth, which keeps the comparison from looking completely one-sided.

What this means for the comparison

Valuation settles the comparison, while pricing and growth keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the ALGM vs NOD.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ALGM and NOD.OL 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.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

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.