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Stock Comparison · Industry comparison · Engineering & Construction

Arcadis vs SPIE: Which Stock Looks Stronger in 2026?

Arcadis holds the cleaner structural position, with the lead spread across valuation and stability. SPIE still has the edge on stability, which keeps the comparison from looking entirely one-sided. 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 clearest separation starts in valuation, with profitability adding a second layer of support. Arcadis NV leads by 18 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Engineering & Construction

This comparison is based on industry proximity, not on functional trajectory similarity. ARCAD.AS and SPIE.PA share the same industry classification.

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

Peer-Relative Score
ARCAD.AS
Arcadis NV
53
Peer-Score
Signal qualityMedium
vs
SPIE.PA
SPIE SA
35
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: ARCAD.AS vs SPIE.PA Profitability 53 25 Stability 24 60 Valuation 84 30 Growth 33 33 ARCAD.AS SPIE.PA
Gap Ranking
#1 Valuation +54
#2 Stability +36
#3 Profitability +28
#4 Growth
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ARCAD.AS and SPIE.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ARCAD.ASSPIE.PA Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Arcadis NV.

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

Relative Position vs Comparable Companies
Valuation
Arcadis NV ranks near the top of the group on valuation; SPIE SA sits in the weaker half.
Stability
On stability, SPIE SA is positioned higher in the group, while Arcadis NV is closer to the middle.
Valuation — Dominant Gap
ARCAD.AS
84
SPIE.PA
30
Gap+54in favour of ARCAD.AS

The multiple-based pricing edge comes from a forward P/E that is 5 turns lower.

What keeps the gap from being one-sided

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

What this means for the comparison

The valuation edge is decisive, even though current pricing and stability still lean somewhat toward SPIE SA.

Explore full peer positioning in AssetNext

Break down the ARCAD.AS vs SPIE.PA comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ARCAD.AS and SPIE.PA 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.