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Stock Comparison · Structural lead, mixed market

Elisa Oyj vs James Hardie Industries: Which Stock Looks Stronger in 2026?

Elisa Oyj holds the cleaner structural position, with the lead spread across profitability and valuation. James Hardie Industries still has the edge on growth, 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. Peer scores are normalised within each company's primary universe (ELISA.HE: STOXX 600, JHX: Russell 1000).

Updated 2026-05-17

The lead is spread across profitability and valuation, rather than sitting in one isolated gap. Elisa Oyj leads by 32 points on the overall comparison score.

Trajectory Similarity
0.72
Similar
Peer-set rank: #5
within Elisa Oyj's functional peer set

This pair is matched through 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.

The clearest structural overlap shows up in revenue growth trajectory and margin consistency.

Similarity drivers
revenue growth trajectorymargin 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
ELISA.HE
Elisa Oyj
55
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
JHX
James Hardie Industries plc
23
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000

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: ELISA.HE vs JHX Profitability 66 20 Stability 48 19 Valuation 66 20 Growth 27 38 ELISA.HE JHX
Gap Ranking
#1 Profitability +46
#2 Valuation +46
#3 Stability +29
#4 Growth +11
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ELISA.HE and JHX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ELISA.HEJHX Relative valuation Structural strength

Elisa 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.

Entry today — historical context

Where ELISA.HE and JHX each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ELISA.HE Neutral · above norm 0th 50th 100th 27 pct gap JHX Lower · below norm 0th 50th 100th 37th 10th
Today JHX sits in the lower portion of its own 5-year history (10th percentile), while ELISA.HE sits higher in its own history (37th). Within each stock's own 5-year context, JHX is at a historically more favourable entry position than ELISA.HE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Elisa Oyj ranks near the top of the group on profitability; James Hardie Industries plc sits in the weaker half.
Valuation
On valuation, the gap still runs the same way: Elisa Oyj sits near the top of the group, while James Hardie Industries plc remains in the weaker half.
Profitability — Dominant Gap
ELISA.HE
66
JHX
20
Gap+46in favour of ELISA.HE

The profitability lead is mainly driven by a 7.9-point operating margin advantage.

What keeps the gap from being one-sided

James Hardie Industries still pushes back on growth, with a 31-point revenue-growth advantage that keeps the read from becoming one-way.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the ELISA.HE vs JHX comparison across all dimensions with the full interactive tool.

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Similar profitability-and-valuation comparisons

Explore how ELISA.HE and JHX 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.