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Stock Comparison · Structural lead, mixed market

Beijer Ref AB (publ) vs SUSS MicroTec: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Beijer Ref AB (publ) carrying a narrow edge on valuation. SUSS MicroTec SE still leads on profitability and stability, which keeps the comparison from looking entirely one-sided. In the market, SUSS MicroTec SE carries the stronger setup — intact trend against Beijer Ref AB (publ)'s broken trend. That leaves a split case: the structural lead stays with Beijer Ref AB (publ), but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (BEIJ-B.ST: STOXX 600, SMHN.DE: HDAX).

Updated 2026-08-16

This is not just a one-metric split: both valuation and growth materially support the lead.

Trajectory Similarity
0.70
Similar
Peer-set rank: #17
within Beijer Ref AB (publ)'s functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The match is driven mainly by capital structure and revenue stability.

Similarity drivers
capital structurerevenue stability
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
BEIJ-B.ST
Beijer Ref AB (publ)
41
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
SMHN.DE
SUSS MicroTec SE
38
Peer-Score
Signal qualitylow
Peer basis: HDAX

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: BEIJ-B.ST vs SMHN.DE Profitability 34 61 Stability 36 49 Valuation 52 24 Growth 38 12 BEIJ-B.ST SMHN.DE
Gap Ranking
#1 Valuation +28
#2 Profitability +27
#3 Growth +26
#4 Stability +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BEIJ-B.ST and SMHN.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BEIJ-B.STSMHN.DE Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against SUSS MicroTec SE.

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

Entry today — historical context

Where BEIJ-B.ST and SMHN.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY BEIJ-B.ST Lower · below norm 0th 50th 100th 74 pct gap SMHN.DE Elevated · above norm 0th 50th 100th 22nd 96th
Today BEIJ-B.ST sits in the lower portion of its own 5-year history (22nd percentile), while SMHN.DE sits higher in its own history (96th). Within each stock's own 5-year context, BEIJ-B.ST is at a historically more favourable entry position than SMHN.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
Valuation
Beijer Ref AB (publ) sits in the stronger part of the group on valuation, while SUSS MicroTec SE is closer to mid-pack.
Profitability
On profitability, SUSS MicroTec SE is positioned higher in the group, while Beijer Ref AB (publ) is closer to the middle.
Valuation — Dominant Gap
BEIJ-B.ST
52
SMHN.DE
24
Gap+28in favour of BEIJ-B.ST

The multiple-based pricing edge comes from a trailing P/E that is 34 turns lower.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 11.9-point ROIC edge acting as a real counterforce.

What this means for the comparison

Valuation gives Beijer Ref AB (publ) the clearer edge, even though profitability and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the BEIJ-B.ST vs SMHN.DE comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how BEIJ-B.ST and SMHN.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.