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Stock Comparison · Single-driver result

Halma vs Sectra AB (publ): Which Stock Looks Stronger in 2026?

The structural profiles are close, with Sectra AB (publ) carrying a narrow edge on profitability. Halma still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Halma, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Sectra AB (publ), 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 2026-06-14

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight.

Trajectory Similarity
0.72
Similar
Peer-set rank: #60
within Halma plc's functional peer set

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

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

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
HLMA.L
Halma plc
45
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SECT-B.ST
Sectra AB (publ)
50
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600

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

The clearest separation appears in profitability.

Dimension spread: HLMA.L vs SECT-B.ST Profitability 47 84 Stability 34 43 Valuation 35 11 Growth 67 67 HLMA.L SECT-B.ST
Gap Ranking
#1 Profitability +37
#2 Valuation +24
#3 Stability +9
#4 Growth
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HLMA.L and SECT-B.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HLMA.LSECT-B.ST Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

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

Relative Position vs Comparable Companies
Profitability
Both rank well on profitability, but Sectra AB (publ) still holds a clear edge.
Valuation
Neither side looks especially strong on valuation, though Halma plc still ranks somewhat higher.
Profitability — Dominant Gap
HLMA.L
47
SECT-B.ST
84
Gap+37in favour of SECT-B.ST

Capital efficiency adds support, with a 201-point ROIC advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Halma, with a forward P/E that is 62 turns lower there.

What this means for the comparison

Profitability gives Sectra AB (publ) the clearer edge, even though valuation and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the HLMA.L vs SECT-B.ST comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how HLMA.L and SECT-B.ST 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.