Home Compare GBF.DE vs SPIE.PA
Stock Comparison · Industry comparison · Engineering & Construction

Bilfinger vs SPIE: Which Stock Looks Stronger in 2026?

Bilfinger SE holds the cleaner structural position, with the lead spread across profitability and valuation. SPIE does not offset that deficit through any equally strong structural edge elsewhere. On the market side, Bilfinger SE is in better shape — its trend is intact while SPIE's trend has broken down. That puts structure and market broadly in agreement — Bilfinger SE's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Most of the visible separation comes from profitability. The overall score gap is 16 points in favour of Bilfinger SE.

INDUSTRY COMPARISON

Both operate in: Engineering & Construction

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

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

Peer-Relative Score
GBF.DE
Bilfinger SE
51
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.

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

Dimension spread: GBF.DE vs SPIE.PA Profitability 58 25 Stability 56 60 Valuation 59 30 Growth 25 33 GBF.DE SPIE.PA
Gap Ranking
#1 Profitability +33
#2 Valuation +29
#3 Growth +8
#4 Stability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for GBF.DE and SPIE.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer GBF.DESPIE.PA Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Bilfinger SE.

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

Relative Position vs Comparable Companies
Profitability
On profitability, Bilfinger SE is positioned higher in the group, while SPIE SA is closer to the middle.
Valuation
On valuation, Bilfinger SE is positioned higher in the group, while SPIE SA is closer to the middle.
Profitability — Dominant Gap
GBF.DE
58
SPIE.PA
25
Gap+33in favour of GBF.DE

Capital efficiency adds support, with a 14-point ROIC advantage.

What keeps the gap from being one-sided

SPIE SA still carries lower volatility exposure — that difference is real enough to prevent the comparison from becoming one-sided.

What this means for the comparison

The lead is built on both profitability and valuation, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the GBF.DE vs SPIE.PA comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-valuation comparisons

Explore how GBF.DE 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.