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Stock Comparison · Industry comparison · Specialty Industrial Machinery

Interpump Group S.p.A. vs Spirax Group: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Spirax carrying a narrow edge on valuation. Interpump S.p.A still has the edge on valuation, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

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 2026-07-05

On valuation, the clearer edge sits with Interpump Group S.p.A., while the overall score remains tighter and points the other way.

INDUSTRY COMPARISON

Both operate in: Specialty Industrial Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. IP.MI and SPX.L share the same industry classification.

For a similarity-based comparison, see how Interpump S.p.A and Spirax each position within their functional peer groups in AssetNext.

Peer-Relative Score
IP.MI
Interpump Group S.p.A.
46
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SPX.L
Spirax Group plc
48
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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: IP.MI vs SPX.L Profitability 39 61 Stability 17 25 Valuation 74 41 Growth 46 61 IP.MI SPX.L
Gap Ranking
#1 Valuation +33
#2 Profitability +22
#3 Growth +15
#4 Stability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IP.MI and SPX.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IP.MISPX.L Relative valuation Structural strength

Spirax Group plc occupies the cheaper side of the setup map, although Interpump Group S.p.A. still holds the stronger structural profile.

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

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Interpump Group S.p.A. still holds a clear edge.
Profitability
Spirax Group plc sits in the stronger part of the group on profitability, while Interpump Group S.p.A. is closer to mid-pack.
Valuation — Dominant Gap
IP.MI
74
SPX.L
41
Gap+33in favour of IP.MI

The peer-relative valuation gap is wide, with the stronger side also looking meaningfully cheaper.

What keeps the gap from being one-sided

Interpump Group S.p.A. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the IP.MI vs SPX.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how IP.MI and SPX.L 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.