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Stock Comparison · Single-driver result

Ipsen vs Waters: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Waters carrying a narrow edge on growth. Ipsen still has the edge on growth, which keeps the comparison from looking entirely one-sided. In the market, Ipsen carries the stronger setup — intact trend against Waters's broken trend. That leaves a split case: the structural lead stays with Waters, 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

On growth, the clearer edge sits with Ipsen S.A., while the overall score remains tighter and points the other way.

Trajectory Similarity
0.71
Similar
Peer-set rank: #7
within Ipsen S.A.'s functional peer set

This comparison is anchored in 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 margin trend and capital structure.

Similarity drivers
margin trendcapital 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
IPN.PA
Ipsen S.A.
50
Peer-Score
Signal qualityMedium
vs
WAT
Waters Corporation
54
Peer-Score
Signal qualityHigh

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

The clearest separation appears in growth.

Dimension spread: IPN.PA vs WAT Profitability 51 71 Stability 57 54 Valuation 43 62 Growth 51 18 IPN.PA WAT
Gap Ranking
#1 Growth +33
#2 Profitability +20
#3 Valuation +19
#4 Stability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IPN.PA and WAT Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IPN.PAWAT Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Ipsen S.A..

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

Relative Position vs Comparable Companies
Growth
Ipsen S.A. sits in the stronger part of the group on growth, while Waters Corporation is closer to mid-pack.
Profitability
Both rank well on profitability, but Waters Corporation still sits higher.
Growth — Dominant Gap
IPN.PA
51
WAT
18
Gap+33in favour of IPN.PA

The clearest distance comes from a stronger growth profile.

What keeps the gap from being one-sided

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

What this means for the comparison

Growth is the clearest driver of the lead, with profitability adding further support — though growth still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the IPN.PA vs WAT comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how IPN.PA and WAT 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.