Home Compare EQT.ST vs NN.AS
Stock Comparison · Valuation-led comparison

EQT AB (publ) vs NN Group N.V.: Which Stock Looks Stronger in 2026?

NN holds the cleaner structural position, with valuation as the main driver and growth adding further support. EQT AB (publ) 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

Most of the separation is still concentrated in valuation. The overall score gap is 12 points in favour of NN Group N.V..

Trajectory Similarity
0.58
Moderately similar
Peer-set rank: #25
within EQT AB (publ)'s functional peer set

This pair is matched through 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 investment intensity and operating margin level.

Similarity drivers
investment intensityoperating margin level
What reduces the match
margin 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
EQT.ST
EQT AB (publ)
58
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
NN.AS
NN Group N.V.
70
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: EQT.ST vs NN.AS Profitability 83 93 Stability 32 28 Valuation 39 84 Growth 75 57 EQT.ST NN.AS
Gap Ranking
#1 Valuation +45
#2 Growth +18
#3 Profitability +10
#4 Stability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for EQT.ST and NN.AS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer EQT.STNN.AS Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for NN Group N.V..

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

Relative Position vs Comparable Companies
Valuation
NN Group N.V. ranks near the top of the group on valuation; EQT AB (publ) sits in the weaker half.
Growth
On growth, the edge still sits with EQT AB (publ), even though both profiles look solid.
Valuation — Dominant Gap
EQT.ST
39
NN.AS
84
Gap+45in favour of NN.AS

The multiple-based pricing edge comes from a forward P/E that is 14.5 turns lower.

What keeps the gap from being one-sided

EQT AB (publ) 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

Valuation settles the comparison, while pricing and growth keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the EQT.ST vs NN.AS comparison across all dimensions with the full interactive tool.

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Explore how EQT.ST and NN.AS 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.