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

UPM-Kymmene Oyj holds the cleaner structural position, with the lead spread across stability and growth. Dow does not offset that deficit through any equally strong structural edge elsewhere. 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.

Updated 2026-04-05

This is not just a one-metric split: both stability and growth materially support the lead. UPM-Kymmene Oyj leads by 24 points on the overall comparison score.

Trajectory Similarity
0.78
Similar
Peer-set rank: #7
within Dow Inc.'s functional peer set

This comparison is anchored in 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 margin trend.

Similarity drivers
recent revenue growthmargin trend
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
DOW
Dow Inc.
22
Peer-Score
Signal qualityMedium
vs
UPM.HE
UPM-Kymmene Oyj
46
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: DOW vs UPM.HE Profitability 8 34 Stability 17 67 Valuation 50 51 Growth 6 33 DOW UPM.HE
Gap Ranking
#1 Stability +50
#2 Growth +27
#3 Profitability +26
#4 Valuation +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for DOW and UPM.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer DOWUPM.HE Relative valuation Structural strength

UPM-Kymmene Oyj looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Stability
On stability, UPM-Kymmene Oyj ranks near the top of the group; Dow Inc. sits in the weaker half.
Growth
Neither side looks especially strong on growth, though UPM-Kymmene Oyj still ranks somewhat higher.
Stability — Dominant Gap
DOW
17
UPM.HE
67
Gap+50in favour of UPM.HE

The stability gap is very wide, with the stronger side looking materially steadier through time.

What else supports the lead

Growth also supports the lead, so the result is broader than one isolated gap.

What this means for the comparison

The lead is built on both stability and growth, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

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

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Similar stability-and-growth comparisons

Explore how DOW 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.

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.