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Johnson Matthey vs Compagnie Générale des Établissements Michelin Société en commandite par actions: Which Stock Looks Stronger in 2026?

Johnson Matthey leads structurally, with growth as the clearest single gap between the two profiles. Compagnie Générale des Établissements Michelin Société en commandite par actions still has the edge on stability, 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.

Updated 2026-04-05

Most of the separation is still concentrated in growth. The overall score gap is 9 points in favour of Johnson Matthey Plc.

Trajectory Similarity
0.79
Similar
Peer-set rank: #8
within Johnson Matthey Plc's functional peer set

These two companies are linked by measured 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 match is driven mainly by margin consistency and revenue stability.

Similarity drivers
margin consistencyrevenue stability
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
JMAT.L
Johnson Matthey Plc
69
Peer-Score
Signal qualityMedium
vs
ML.PA
Compagnie Générale des Établissements Michelin Société en commandite par actions
60
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: JMAT.L vs ML.PA Profitability 71 64 Stability 37 50 Valuation 84 88 Growth 77 23 JMAT.L ML.PA
Gap Ranking
#1 Growth +54
#2 Stability +13
#3 Profitability +7
#4 Valuation +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for JMAT.L and ML.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer JMAT.LML.PA Relative valuation Structural strength

Johnson Matthey Plc is stronger, but the price setup still looks more supportive for Compagnie Générale des Établissements Michelin Société en commandite par actions.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
Johnson Matthey Plc ranks near the top of the group on growth; Compagnie Générale des Établissements Michelin Société en commandite par actions sits in the weaker half.
Stability
Compagnie Générale des Établissements Michelin Société en commandite par actions sits in the stronger part of the group on stability, while Johnson Matthey Plc is closer to mid-pack.
Growth — Dominant Gap
JMAT.L
77
ML.PA
23
Gap+54in favour of JMAT.L

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Compagnie Générale des Établissements Michelin Société en commandite par actions still carries lower volatility exposure — that difference is real enough to prevent the comparison from becoming one-sided.

What this means for the comparison

The growth edge is decisive, even though current pricing and stability still lean somewhat toward Compagnie Générale des Établissements Michelin Société en commandite par actions.

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Break down the JMAT.L vs ML.PA comparison across all dimensions with the full interactive tool.

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Explore how JMAT.L and ML.PA 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.