Home Compare HAG.DE vs RHM.DE
Stock Comparison · Industry comparison · Aerospace & Defense

Hensoldt vs Rheinmetall: Which Stock Looks Stronger in 2026?

Rheinmetall holds the cleaner structural position, with profitability as the main driver and stability adding further support. In the market, Hensoldt carries the stronger setup — intact trend against Rheinmetall's broken trend. That leaves a split case: the structural lead stays with Rheinmetall, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Most of the separation is still concentrated in profitability. The overall score gap is 14 points in favour of Rheinmetall AG.

INDUSTRY COMPARISON

Both operate in: Aerospace & Defense

This comparison is based on industry proximity, not on functional trajectory similarity. HAG.DE and RHM.DE share the same industry classification.

For a similarity-based comparison, see how Hensoldt and Rheinmetall each position within their functional peer groups in AssetNext.

Peer-Relative Score
HAG.DE
Hensoldt AG
25
Peer-Score
Signal qualityHigh
vs
RHM.DE
Rheinmetall AG
39
Peer-Score
Signal qualityHigh

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: HAG.DE vs RHM.DE Profitability 29 69 Stability 41 51 Valuation 17 19 Growth 14 12 HAG.DE RHM.DE
Gap Ranking
#1 Profitability +40
#2 Stability +10
#3 Growth +2
#4 Valuation +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HAG.DE and RHM.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HAG.DERHM.DE Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

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

Relative Position vs Comparable Companies
Profitability
On profitability, Rheinmetall AG ranks near the top of the group; Hensoldt AG sits in the weaker half.
Stability
On stability, the edge still sits with Rheinmetall AG, even though both profiles look solid.
Profitability — Dominant Gap
HAG.DE
29
RHM.DE
69
Gap+40in favour of RHM.DE

Capital efficiency adds support, with a 16-point ROIC advantage.

What keeps the gap from being one-sided

On the market side, Hensoldt carries the stronger trend while Rheinmetall's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

Profitability is the clearest driver, and stability also supports Rheinmetall AG's broader structural position.

Explore full peer positioning in AssetNext

Break down the HAG.DE vs RHM.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how HAG.DE and RHM.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.

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.