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Stock Comparison · Structural lead, mixed market

Carrier Global vs SPIE: Which Stock Looks Stronger in 2026?

The structural profiles are close, with SPIE carrying a narrow edge on valuation. Carrier Global still has the edge on valuation, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

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

Updated 2026-04-05

On valuation, the clearer edge sits with Carrier Global Corporation, while the overall score remains tighter and points the other way.

Trajectory Similarity
0.76
Similar
Peer-set rank: #10
within Carrier Global Corporation'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.

Most of the shared profile comes through investment intensity and margin consistency.

Similarity drivers
investment intensitymargin consistency
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
CARR
Carrier Global Corporation
32
Peer-Score
Signal qualityHigh
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: CARR vs SPIE.PA Profitability 12 25 Stability 43 60 Valuation 53 30 Growth 19 33 CARR SPIE.PA
Gap Ranking
#1 Valuation +23
#2 Stability +17
#3 Growth +14
#4 Profitability +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CARR and SPIE.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CARRSPIE.PA Relative valuation Structural strength

SPIE SA occupies the cheaper side of the setup map, although Carrier Global Corporation still holds the stronger structural profile.

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

Relative Position vs Comparable Companies
Valuation
Carrier Global Corporation sits in the stronger part of the group on valuation, while SPIE SA is closer to mid-pack.
Stability
Both look solid on stability, though SPIE SA still holds the stronger peer position.
Valuation — Dominant Gap
CARR
53
SPIE.PA
30
Gap+23in favour of CARR

The multiple-based pricing edge comes from a forward P/E that is 4.2 turns lower.

What else supports the lead

Stability still reinforces the same direction, which makes the lead look broader across the profile.

What this means for the comparison

The lead is built on both valuation and stability — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

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

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Other comparisons with conflicting dimension signals

Explore how CARR 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.