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Azelis Group vs Brenntag: Which Stock Looks Stronger in 2026?

Brenntag SE holds the cleaner structural position, with stability as the main driver and valuation adding further support. Azelis still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Brenntag SE holds the more constructive position. That puts structure and market broadly in agreement — Brenntag SE's lead looks more confirmed than conflicted.

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 2026-05-17

Most of the lead runs through stability, while profitability helps make the separation broader.

INDUSTRY COMPARISON

Both operate in: Specialty Chemicals

This comparison is based on industry proximity, not on functional trajectory similarity. AZE.BR and BNR.DE share the same industry classification.

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

Peer-Relative Score
AZE.BR
Azelis Group NV
26
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
BNR.DE
Brenntag SE
33
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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

The largest gaps do not all point in the same direction.

Dimension spread: AZE.BR vs BNR.DE Profitability 7 22 Stability 13 55 Valuation 59 37 Growth 19 21 AZE.BR BNR.DE
Gap Ranking
#1 Stability +42
#2 Valuation +22
#3 Profitability +15
#4 Growth +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AZE.BR and BNR.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AZE.BRBNR.DE Relative valuation Structural strength

Brenntag SE still looks cheaper, even though Azelis Group NV remains structurally stronger.

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

Entry today — historical context

Where AZE.BR and BNR.DE each sit in their own 4.7-year price and valuation history.

BASED ON 4.7-YEAR HISTORY AZE.BR Lower · near norm 0th 50th 100th 30 pct gap BNR.DE Neutral · above norm 0th 50th 100th 11th 41st
Today AZE.BR sits in the lower portion of its own 5-year history (11th percentile), while BNR.DE sits higher in its own history (41st). Within each stock's own 5-year context, AZE.BR is at a historically more favourable entry position than BNR.DE. 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
Stability
On stability, Brenntag SE is positioned higher in the group, while Azelis Group NV is closer to the middle.
Valuation
Azelis Group NV sits in the stronger part of the group on valuation, while Brenntag SE is closer to mid-pack.
Stability — Dominant Gap
AZE.BR
13
BNR.DE
55
Gap+42in favour of BNR.DE

The stability gap is very wide, with the stronger side looking materially steadier through time.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Azelis, with a trailing P/E that is 15.6 turns lower there.

What this means for the comparison

The stability edge is decisive, even though current pricing and valuation still lean somewhat toward Azelis Group NV.

Explore full peer positioning in AssetNext

Break down the AZE.BR vs BNR.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how AZE.BR and BNR.DE 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.