Home Compare ENI.MI vs UPM.HE
Stock Comparison · Comparison

Eni S.p.A. vs UPM-Kymmene Oyj: Which Stock Looks Stronger in 2026?

UPM-Kymmene Oyj leads structurally, with growth as the clearest single gap between the two profiles. 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

The comparison is mainly decided in growth, with the rest of the profile carrying less weight. UPM-Kymmene Oyj leads by 10 points on the overall comparison score.

Trajectory Similarity
0.71
Similar
Peer-set rank: #8
within Eni S.p.A.'s functional peer set

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

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The strongest overlap appears in recent revenue growth and capital structure.

Similarity drivers
recent revenue growthcapital 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
ENI.MI
Eni S.p.A.
54
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
UPM.HE
UPM-Kymmene Oyj
64
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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

Score differences across key dimensions.

Dimension spread: ENI.MI vs UPM.HE Profitability 61 67 Stability 69 68 Valuation 54 53 Growth 28 71 ENI.MI UPM.HE
Gap Ranking
#1 Growth +43
#2 Profitability +6
#3 Valuation +1
#4 Stability +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ENI.MI and UPM.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ENI.MIUPM.HE Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

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

Entry today — historical context

Where ENI.MI and UPM.HE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ENI.MI Elevated · above norm 0th 50th 100th 63 pct gap UPM.HE Neutral · near norm 0th 50th 100th 98th 36th
Today UPM.HE sits in the lower-middle of its own 5-year history (36th percentile), while ENI.MI sits higher in its own history (98th). Within each stock's own 5-year context, UPM.HE is at a historically more favourable entry position than ENI.MI. 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
Growth
UPM-Kymmene Oyj ranks near the top of the group on growth; Eni S.p.A. sits in the weaker half.
Growth — Dominant Gap
ENI.MI
28
UPM.HE
71
Gap+43in favour of UPM.HE

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Eni S.p.A. still looks less cycle-sensitive — that keeps the result from looking completely one-sided.

What this means for the comparison

Growth clearly separates the pair, while the broader read stays strong rather than one-way.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Similar growth-driven comparisons

Explore how ENI.MI 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.