Home Compare FME.DE vs MF.PA
Stock Comparison · Single-driver result

Fresenius Medical Care vs Wendel: Which Stock Looks Stronger in 2026?

Wendel leads structurally, with growth as the clearest single gap between the two profiles. 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 — Wendel holds the more constructive position. That puts structure and market broadly in agreement — Wendel'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

Growth still does most of the heavy lifting in this comparison.

Trajectory Similarity
0.69
Moderately similar
Peer-set rank: #82
within Fresenius Medical Care AG's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

The strongest overlap appears in margin consistency and investment intensity.

Similarity drivers
margin consistencyinvestment 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
FME.DE
Fresenius Medical Care AG
46
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
MF.PA
Wendel
52
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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

The clearest separation appears in growth.

Dimension spread: FME.DE vs MF.PA Profitability 17 25 Stability 46 48 Valuation 83 71 Growth 31 66 FME.DE MF.PA
Gap Ranking
#1 Growth +35
#2 Valuation +12
#3 Profitability +8
#4 Stability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FME.DE and MF.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FME.DEMF.PA Relative valuation Structural strength

Wendel still looks cheaper, even though Fresenius Medical Care AG remains structurally stronger.

Valuation position uses peer-relative PE percentile (idx_pct_pe) and Forward P/E where available.

Entry today — historical context

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

BASED ON 5-YEAR HISTORY FME.DE Neutral · below norm 0th 50th 100th 32 pct gap MF.PA Elevated · near norm 0th 50th 100th 62nd 95th
Today FME.DE sits in the upper-middle of its own 5-year history (62nd percentile), while MF.PA sits higher in its own history (95th). Within each stock's own 5-year context, FME.DE is at a historically more favourable entry position than MF.PA. 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
Wendel ranks near the top of the group on growth; Fresenius Medical Care AG sits in the weaker half.
Valuation
On valuation, the same pattern holds: both rank well, but Fresenius Medical Care AG still sits higher.
Growth — Dominant Gap
FME.DE
31
MF.PA
66
Gap+35in favour of MF.PA

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 8.1 turns lower there.

What this means for the comparison

The page question resolves through growth, but valuation and current pricing still keep the broader comparison from reading as fully aligned.

Explore full peer positioning in AssetNext

Break down the FME.DE vs MF.PA comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how FME.DE and MF.PA 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.