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Stock Comparison · Structural lead, mixed market

Glencore vs Aurubis: Which Stock Looks Stronger in 2026?

Aurubis holds the cleaner structural position, with the lead spread across valuation and profitability. Glencore does not offset that deficit through any equally strong structural edge elsewhere. The market setup is broadly comparable for both — no clear directional signal from price behavior. 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 lead is spread across valuation and profitability, rather than sitting in one isolated gap. The overall score gap is 41 points in favour of Aurubis AG.

Trajectory Similarity
0.73
Similar
Peer-set rank: #10
within Glencore plc'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.

Most of the shared profile comes through 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
GLEN.L
Glencore plc
29
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
NDA.DE
Aurubis AG
70
Peer-Score
Signal qualitylow
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: GLEN.L vs NDA.DE Profitability 2 47 Stability 50 48 Valuation 8 87 Growth 78 100 GLEN.L NDA.DE
Gap Ranking
#1 Valuation +79
#2 Profitability +45
#3 Growth +22
#4 Stability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for GLEN.L and NDA.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer GLEN.LNDA.DE Relative valuation Structural strength

Aurubis AG 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 GLEN.L and NDA.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY GLEN.L Elevated · above norm 0th 50th 100th 0 pct gap NDA.DE Elevated · above norm 0th 50th 100th 99th 99th
GLEN.L (99th percentile) and NDA.DE (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

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

Relative Position vs Comparable Companies
Valuation
Aurubis AG ranks near the top of the group on valuation; Glencore plc sits in the weaker half.
Profitability
Profitability also leans toward Aurubis AG, reinforcing the broader structural lead.
Valuation — Dominant Gap
GLEN.L
8
NDA.DE
87
Gap+79in favour of NDA.DE

The multiple-based pricing edge comes from a trailing P/E that is 277 turns lower.

What keeps the gap from being one-sided

Glencore plc still looks less cycle-sensitive — that keeps the result from looking completely one-sided.

What this means for the comparison

The lead is built on both valuation and profitability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the GLEN.L vs NDA.DE comparison across all dimensions with the full interactive tool.

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Similar valuation-and-profitability comparisons

Explore how GLEN.L and NDA.DE 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.