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Stock Comparison · Structural lead, mixed market

Croda International vs UPM-Kymmene Oyj: Which Stock Looks Stronger in 2026?

UPM-Kymmene Oyj holds the cleaner structural position, with valuation as the main driver and growth adding further support. Croda International does not offset that deficit through any equally strong structural edge elsewhere. In the market, Croda International carries the stronger setup — intact trend against UPM-Kymmene Oyj's broken trend. That leaves a split case: the structural lead stays with UPM-Kymmene Oyj, but the market is not currently confirming it.

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

The lead is spread across valuation and growth, rather than sitting in one isolated gap. UPM-Kymmene Oyj leads by 22 points on the overall comparison score.

Trajectory Similarity
0.69
Moderately similar
Peer-set rank: #8
within Croda International Plc's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

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

Similarity drivers
revenue growth trajectorycapital 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
CRDA.L
Croda International Plc
38
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
UPM.HE
UPM-Kymmene Oyj
60
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: CRDA.L vs UPM.HE Profitability 45 58 Stability 42 63 Valuation 26 60 Growth 41 62 CRDA.L UPM.HE
Gap Ranking
#1 Valuation +34
#2 Growth +21
#3 Stability +21
#4 Profitability +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CRDA.L and UPM.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CRDA.LUPM.HE Relative valuation Structural strength

UPM-Kymmene Oyj 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
Valuation
On valuation, UPM-Kymmene Oyj is positioned higher in the group, while Croda International Plc is closer to the middle.
Growth
Both rank well on growth, but UPM-Kymmene Oyj still sits higher.
Valuation — Dominant Gap
CRDA.L
26
UPM.HE
60
Gap+34in favour of UPM.HE

The multiple-based pricing edge comes from a forward P/E that is 5.7 turns lower.

What keeps the gap from being one-sided

On the market side, Croda International carries the stronger trend while UPM-Kymmene Oyj's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

Valuation is the clearest driver, and growth also supports UPM-Kymmene Oyj's broader structural position.

Explore full peer positioning in AssetNext

Break down the CRDA.L vs UPM.HE comparison across all dimensions with the full interactive tool.

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Explore how CRDA.L and UPM.HE 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.