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Stock Comparison · Structural lead, mixed market

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

SSAB AB (publ) holds the cleaner structural position, with the lead spread across profitability and growth. Brenntag SE still has the edge on stability, which keeps the comparison from looking entirely one-sided. On the market side, SSAB AB (publ) is in better shape — its trend is intact while Brenntag SE's trend has broken down. That puts structure and market broadly in agreement — SSAB AB (publ)'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 2026-06-14

The lead is spread across profitability and growth, rather than sitting in one isolated gap. SSAB AB (publ) leads by 28 points on the overall comparison score.

Trajectory Similarity
0.71
Similar
Peer-set rank: #10
within SSAB AB (publ)'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
31
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SSAB-B.ST
SSAB AB (publ)
59
Peer-Score
Signal qualityMedium
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: BNR.DE vs SSAB-B.ST Profitability 15 62 Stability 51 37 Valuation 39 68 Growth 23 64 BNR.DE SSAB-B.ST
Gap Ranking
#1 Profitability +47
#2 Growth +41
#3 Valuation +29
#4 Stability +14
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.

Relative Position vs Comparable Companies
Profitability
SSAB AB (publ) sits in the stronger part of the group on profitability, while Brenntag SE is closer to mid-pack.
Growth
SSAB AB (publ) sits in the stronger part of the group on growth, while Brenntag SE is closer to mid-pack.
Profitability — Dominant Gap
BNR.DE
15
SSAB-B.ST
62
Gap+47in favour of SSAB-B.ST

Capital efficiency adds support, with a 8.7-point ROIC advantage.

What keeps the gap from being one-sided

Brenntag SE 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 growth — though stability still provides a counterweight.

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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Similar profitability-and-growth comparisons

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.