Home Compare HLE.DE vs PAG
Stock Comparison · Valuation-led comparison

HELLA GmbH & Co. KGaA vs Penske Automotive Group: Which Stock Looks Stronger in 2026?

Penske Automotive holds the cleaner structural position, with valuation as the main driver and growth adding further support. HELLA KGaA still leads on growth and stability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Penske Automotive holds the more constructive position. That puts structure and market broadly in agreement — Penske Automotive's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (HLE.DE: HDAX, PAG: Russell 1000).

Updated 2026-08-16

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. Penske Automotive Group, Inc. leads by 15 points on the overall comparison score.

Trajectory Similarity
0.71
Similar
Peer-set rank: #11
within HELLA GmbH & Co. KGaA'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.

The clearest structural overlap shows up in operating margin level and recent revenue growth.

Similarity drivers
operating margin levelrecent revenue growth
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
HLE.DE
HELLA GmbH & Co. KGaA
41
Peer-Score
Signal qualitylow
Peer basis: HDAX
vs
PAG
Penske Automotive Group, Inc.
56
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: HLE.DE vs PAG Profitability 17 29 Stability 79 63 Valuation 20 88 Growth 70 40 HLE.DE PAG
Gap Ranking
#1 Valuation +68
#2 Growth +30
#3 Stability +16
#4 Profitability +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HLE.DE and PAG Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HLE.DEPAG Relative valuation Structural strength

Structure clearly favours HELLA GmbH & Co. KGaA, even though current pricing leans the other way.

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

Entry today — historical context

Where HLE.DE and PAG each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY HLE.DE Neutral · above norm 0th 50th 100th 56 pct gap PAG Elevated · above norm 0th 50th 100th 43rd 99th
Today HLE.DE sits in the lower-middle of its own 5-year history (43rd percentile), while PAG sits higher in its own history (99th). Within each stock's own 5-year context, HLE.DE is at a historically more favourable entry position than PAG. 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
Valuation
On valuation, Penske Automotive Group, Inc. ranks near the top of the group; HELLA GmbH & Co. KGaA sits in the weaker half.
Growth
On growth, the same pattern holds: both are strong, but HELLA GmbH & Co. KGaA still leads clearly.
Valuation — Dominant Gap
HLE.DE
20
PAG
88
Gap+68in favour of PAG

The multiple-based pricing edge comes from a forward P/E that is 17.2 turns lower.

What keeps the gap from being one-sided

Earnings growth also leans toward HLE.DE, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

The valuation edge is decisive, even though current pricing and growth still lean somewhat toward HELLA GmbH & Co. KGaA.

Explore full peer positioning in AssetNext

Break down the HLE.DE vs PAG comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how HLE.DE and PAG 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.