Home Compare HLN.L vs HNR1.DE
Stock Comparison · Structural lead, mixed market

Haleon vs Hannover Rück: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Haleon carrying a narrow edge on growth. Hannover Rück SE still leads on profitability and valuation, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Hannover Rück SE, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Haleon, but the market is not currently confirming it.

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

The lead is spread across growth and stability, rather than sitting in one isolated gap.

Trajectory Similarity
0.66
Moderately similar
Peer-set rank: #8
within Haleon plc's functional peer set

This comparison is anchored in 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 match is driven mainly by recent revenue growth and investment intensity.

Similarity drivers
recent revenue growthinvestment 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
HLN.L
Haleon plc
65
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
HNR1.DE
Hannover Rück SE
61
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: HLN.L vs HNR1.DE Profitability 55 82 Stability 86 52 Valuation 63 75 Growth 62 17 HLN.L HNR1.DE
Gap Ranking
#1 Growth +45
#2 Stability +34
#3 Profitability +27
#4 Valuation +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HLN.L and HNR1.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HLN.LHNR1.DE Relative valuation Structural strength

Haleon plc still looks stronger overall, though current pricing looks more supportive for Hannover Rück SE.

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

Relative Position vs Comparable Companies
Growth
Haleon plc sits in the stronger part of the group on growth, while Hannover Rück SE is closer to mid-pack.
Stability
Both profiles are strong on stability, but Haleon plc leads clearly.
Growth — Dominant Gap
HLN.L
62
HNR1.DE
17
Gap+45in favour of HLN.L

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 18.4-point ROIC edge acting as a real counterforce.

What this means for the comparison

The lead is built on both growth and stability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the HLN.L vs HNR1.DE comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how HLN.L and HNR1.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.