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Stock Comparison · Single-driver result

Antofagasta vs Air Products and Chemicals: Which Stock Looks Stronger in 2026?

Structurally, Antofagasta and Air Products and Chemicals are closely matched — neither holds a meaningful edge overall. Air Products and Chemicals still leads on valuation and stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. 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

Profitability points more clearly toward Antofagasta plc, while the broader score stays level overall.

Trajectory Similarity
0.73
Similar
Peer-set rank: #4
within Antofagasta plc's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

Most of the shared profile comes through margin trend and investment intensity.

Similarity drivers
margin trendinvestment intensity
What reduces the match
recent revenue growth
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
ANTO.L
Antofagasta plc
64
Peer-Score
Signal qualityMedium
vs
APD
Air Products and Chemicals, Inc.
64
Peer-Score
Signal qualityHigh

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

The clearest separation appears in profitability.

Dimension spread: ANTO.L vs APD Profitability 91 35 Stability 32 74 Valuation 41 75 Growth 88 79 ANTO.L APD
Gap Ranking
#1 Profitability +56
#2 Stability +42
#3 Valuation +34
#4 Growth +9
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ANTO.L and APD Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ANTO.LAPD Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Antofagasta plc.

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

Relative Position vs Comparable Companies
Profitability
Antofagasta plc ranks near the top of the group on profitability; Air Products and Chemicals, Inc. sits in the weaker half.
Stability
The same broad pattern appears on stability: Air Products and Chemicals, Inc. ranks near the top of the group, while Antofagasta plc stays in the weaker half.
Profitability — Dominant Gap
ANTO.L
91
APD
35
Gap+56in favour of ANTO.L

The profitability lead is mainly driven by a 18.9-point operating margin advantage.

What keeps the gap from being one-sided

Stability still tilts materially toward Air Products and Chemicals, Inc., which stops the result from looking dominant across the whole profile.

What this means for the comparison

Profitability provides the clearer read here, while the broader score remains level.

Explore full peer positioning in AssetNext

Break down the ANTO.L vs APD comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how ANTO.L and APD 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.