Antofagasta holds the cleaner structural position, with the lead spread across profitability and growth. NiSource still leads on valuation and stability, which keeps the comparison from looking entirely one-sided. On the market side, Antofagasta is in better shape — its trend is intact while NiSource's trend has broken down. That puts structure and market broadly in agreement — Antofagasta's lead looks more confirmed than conflicted.
The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ANTO.L: STOXX 600, NI: S&P 500).
The clearest separation starts in profitability, but growth adds another real layer to the result. Antofagasta plc leads by 9 points on the overall comparison score.
This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.
The pair shares a valid long-term profile match, but the trajectories are not especially close.
The match is driven mainly by margin trend and recent revenue growth.
Scores reflect position relative to comparable companies with similar long-term financial trajectories.
Score differences across key dimensions.
Left means cheaper relative valuation. Higher means stronger structure.
Antofagasta plc still looks stronger overall, though current pricing looks more supportive for NiSource Inc..
Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.
The profitability lead is mainly driven by a 24.8-point operating margin advantage.
Absolute pricing still looks more supportive for NiSource, with a forward P/E that is 5.1 turns lower there.
The lead is built on both profitability and growth — though valuation still provides a counterweight.
Break down the ANTO.L vs NI comparison across all dimensions with the full interactive tool.
Explore how ANTO.L and NI 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.
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.