Home Compare BNZL.L vs TSCO.L
Stock Comparison · Structural lead, mixed market

Bunzl vs Tesco: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Tesco carrying a narrow edge on stability. Bunzl still has the edge on valuation, which keeps the comparison from looking entirely one-sided. On the market side, Tesco is in better shape — its trend is intact while Bunzl's trend has broken down. That puts structure and market broadly in agreement — Tesco's lead looks more confirmed than conflicted.

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

Updated 2026-04-05

The clearest separation starts in stability, with growth adding a second layer of support.

Trajectory Similarity
0.80
Similar
Peer-set rank: #10
within Bunzl plc's functional peer set

These two companies are linked by measured 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 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
BNZL.L
Bunzl plc
49
Peer-Score
Signal qualityMedium
vs
TSCO.L
Tesco PLC
52
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: BNZL.L vs TSCO.L Profitability 60 52 Stability 26 56 Valuation 74 58 Growth 20 37 BNZL.L TSCO.L
Gap Ranking
#1 Stability +30
#2 Growth +17
#3 Valuation +16
#4 Profitability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BNZL.L and TSCO.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BNZL.LTSCO.L Relative valuation Structural strength

Tesco PLC occupies the cheaper side of the setup map, although Bunzl plc still holds the stronger structural profile.

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

Relative Position vs Comparable Companies
Stability
On stability, Tesco PLC is positioned higher in the group, while Bunzl plc is closer to the middle.
Growth
Neither side looks especially strong on growth, though Tesco PLC still ranks somewhat higher.
Stability — Dominant Gap
BNZL.L
26
TSCO.L
56
Gap+30in favour of TSCO.L

The stability gap is 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 Bunzl, with a forward P/E that is 3.4 turns lower there.

What this means for the comparison

Stability is the clearest driver of the lead, with growth adding further support — though valuation still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the BNZL.L vs TSCO.L comparison across all dimensions with the full interactive tool.

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Similar stability-and-growth comparisons

Explore how BNZL.L and TSCO.L 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.