Home Compare FME.DE vs PHIA.AS
Stock Comparison · Structural lead, mixed market

Fresenius Medical Care vs Koninklijke Philips N.V.: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Koninklijke Philips carrying a narrow edge on growth. Fresenius Medical Care still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Koninklijke Philips holds the more constructive position. That puts structure and market broadly in agreement — Koninklijke Philips's lead looks more confirmed than conflicted.

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 lead runs through growth, while profitability helps make the separation broader.

Trajectory Similarity
0.75
Similar
Peer-set rank: #10
within Fresenius Medical Care AG'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.

The clearest structural overlap shows up in revenue growth trajectory and capital structure.

Similarity drivers
revenue growth trajectorycapital 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
FME.DE
Fresenius Medical Care AG
46
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
PHIA.AS
Koninklijke Philips N.V.
49
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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: FME.DE vs PHIA.AS Profitability 17 32 Stability 46 44 Valuation 83 60 Growth 31 65 FME.DE PHIA.AS
Gap Ranking
#1 Growth +34
#2 Valuation +23
#3 Profitability +15
#4 Stability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FME.DE and PHIA.AS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FME.DEPHIA.AS Relative valuation Structural strength

Koninklijke Philips N.V. occupies the cheaper side of the setup map, although Fresenius Medical Care AG still holds the stronger structural profile.

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

Entry today — historical context

Where FME.DE and PHIA.AS each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY FME.DE Neutral · below norm 0th 50th 100th 14 pct gap PHIA.AS Elevated · above norm 0th 50th 100th 62nd 76th
FME.DE (62nd percentile) and PHIA.AS (76th percentile) sit at comparable positions within their own 5-year histories. This reflects entry timing, not which company is structurally stronger.

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

Relative Position vs Comparable Companies
Growth
On growth, Koninklijke Philips N.V. ranks near the top of the group; Fresenius Medical Care AG sits in the weaker half.
Valuation
On valuation, the same pattern holds: both are strong, but Fresenius Medical Care AG still leads clearly.
Growth — Dominant Gap
FME.DE
31
PHIA.AS
65
Gap+34in favour of PHIA.AS

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Fresenius Medical Care, with a forward P/E that is 4.6 turns lower there.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the FME.DE vs PHIA.AS comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how FME.DE and PHIA.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.