Home Compare ALV.DE vs SLHN.SW
Stock Comparison · Industry comparison · Insurance - Diversified

Allianz vs Swiss Life Holding: Which Stock Looks Stronger in 2026?

Allianz SE holds the cleaner structural position, with valuation as the main driver and growth adding further support. Swiss Life still has the edge on 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-07-05

This is not just a one-metric split: both valuation and growth materially support the lead. The overall score gap is 10 points in favour of Allianz SE.

INDUSTRY COMPARISON

Both operate in: Insurance - Diversified

This comparison is based on industry proximity, not on functional trajectory similarity. ALV.DE and SLHN.SW share the same industry classification.

For a similarity-based comparison, see how Allianz SE and Swiss Life each position within their functional peer groups in AssetNext.

Peer-Relative Score
ALV.DE
Allianz SE
64
Peer-Score
Signal qualityLow
Peer basis: STOXX 600
vs
SLHN.SW
Swiss Life Holding AG
54
Peer-Score
Signal qualityLow
Peer basis: STOXX 600

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

Score differences across key dimensions.

Dimension spread: ALV.DE vs SLHN.SW Profitability 44 40 Stability 55 72 Valuation 79 54 Growth 79 59 ALV.DE SLHN.SW
Gap Ranking
#1 Valuation +25
#2 Growth +20
#3 Stability +17
#4 Profitability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALV.DE and SLHN.SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALV.DESLHN.SW Relative valuation Structural strength

Allianz SE and Swiss Life Holding AG look relatively close on structure, but the price setup still leans toward Allianz SE.

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

Entry today — historical context

Where ALV.DE and SLHN.SW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ALV.DE Elevated · above norm 0th 50th 100th 0 pct gap SLHN.SW Elevated · above norm 0th 50th 100th 99th 99th
ALV.DE (99th percentile) and SLHN.SW (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

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

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Allianz SE still sits higher.
Growth
On growth, the same pattern holds: both rank well, but Allianz SE still sits higher.
Valuation — Dominant Gap
ALV.DE
79
SLHN.SW
54
Gap+25in favour of ALV.DE

The multiple-based pricing edge comes from a forward P/E that is 4.9 turns lower.

What keeps the gap from being one-sided

Stability still leans toward Swiss Life Holding AG, so the lead is real without reading as one-way.

What this means for the comparison

Valuation is the clearest driver of the lead, with growth adding further support — though stability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the ALV.DE vs SLHN.SW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-growth comparisons

Explore how ALV.DE and SLHN.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.

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.