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Stock Comparison · Single-driver result

Elia Group SA/ vs Pennon Group: Which Stock Looks Stronger in 2026?

Elia / holds the cleaner structural position, with growth as the main driver and valuation adding further support. Pennon still has the edge on growth, which keeps the comparison from looking entirely one-sided. 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

On growth, the clearer edge sits with Pennon Group Plc, while the overall score remains tighter and points the other way.

Trajectory Similarity
0.79
Similar
Peer-set rank: #14
within Elia Group SA/NV's functional peer set

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

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

Most of the shared profile comes through capital structure and recent revenue growth.

Similarity drivers
capital structurerecent revenue growth
What reduces the match
investment intensity
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
ELI.BR
Elia Group SA/NV
38
Peer-Score
Signal qualityMedium
vs
PNN.L
Pennon Group Plc
29
Peer-Score
Signal qualityMedium

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

The clearest separation appears in growth.

Dimension spread: ELI.BR vs PNN.L Profitability 30 14 Stability 29 10 Valuation 49 10 Growth 44 100 ELI.BR PNN.L
Gap Ranking
#1 Growth +56
#2 Valuation +39
#3 Stability +19
#4 Profitability +16
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ELI.BR and PNN.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ELI.BRPNN.L Relative valuation Structural strength

Elia Group SA/NV and Pennon Group Plc look relatively close on structure, but the price setup still leans toward Elia Group SA/NV.

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

Relative Position vs Comparable Companies
Growth
Both rank well on growth, but Pennon Group Plc still holds a clear edge.
Valuation
Elia Group SA/NV holds the stronger peer position on valuation.
Growth — Dominant Gap
ELI.BR
44
PNN.L
100
Gap+56in favour of PNN.L

The main growth separation is very wide, driven by a meaningfully stronger expansion profile.

What keeps the gap from being one-sided

Pennon Group Plc still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

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

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Explore how ELI.BR and PNN.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.