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Stock Comparison · Single-driver result

Brenntag vs SSAB AB (publ): Which Stock Looks Stronger in 2026?

SSAB AB (publ) leads structurally, with profitability as the clearest single gap between the two profiles. Brenntag SE still leads on growth and stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

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 2026-08-16

Profitability still does most of the heavy lifting in this comparison. SSAB AB (publ) leads by 14 points on the overall comparison score.

Trajectory Similarity
0.72
Similar
Peer-set rank: #90
within Brenntag SE's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The clearest structural overlap shows up in recent revenue growth and capital structure.

Similarity drivers
recent revenue growthcapital structure
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
BNR.DE
Brenntag SE
48
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
SSAB-B.ST
SSAB AB (publ)
62
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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

The clearest separation appears in profitability.

Dimension spread: BNR.DE vs SSAB-B.ST Profitability 12 78 Stability 56 44 Valuation 57 62 Growth 83 58 BNR.DE SSAB-B.ST
Gap Ranking
#1 Profitability +66
#2 Growth +25
#3 Stability +12
#4 Valuation +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BNR.DE and SSAB-B.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BNR.DESSAB-B.ST Relative valuation Structural strength

SSAB AB (publ) looks stronger on relative valuation, while the broader price setup remains mixed.

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

Entry today — historical context

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

BASED ON 5-YEAR HISTORY BNR.DE Neutral · above norm 0th 50th 100th 42 pct gap SSAB-B.ST Elevated · above norm 0th 50th 100th 58th 99th
Today BNR.DE sits in the upper-middle of its own 5-year history (58th percentile), while SSAB-B.ST sits higher in its own history (99th). Within each stock's own 5-year context, BNR.DE is at a historically more favourable entry position than SSAB-B.ST. 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
Profitability
On profitability, SSAB AB (publ) ranks near the top of the group; Brenntag SE sits in the weaker half.
Growth
On growth, the edge is clear — both rank well, but Brenntag SE sits noticeably higher.
Profitability — Dominant Gap
BNR.DE
12
SSAB-B.ST
78
Gap+66in favour of SSAB-B.ST

Capital efficiency adds support, with a 8.4-point ROIC advantage.

What keeps the gap from being one-sided

Earnings growth also leans toward BNR.DE, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

Profitability settles the main question, even though growth still keeps the broader picture from looking fully clean.

Explore full peer positioning in AssetNext

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

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Other comparisons with conflicting dimension signals

Explore how BNR.DE and SSAB-B.ST 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.