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Johnson Matthey vs Sika: Which Stock Looks Stronger in 2026?

Johnson Matthey holds the cleaner structural position, with growth as the main driver and profitability adding further support. Sika does not offset that deficit through any equally strong structural edge elsewhere. On the market side, Johnson Matthey is in better shape — its trend is intact while Sika's trend has broken down. That puts structure and market broadly in agreement — Johnson Matthey's lead looks more confirmed than conflicted.

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 2026-05-17

The clearest score difference appears in growth. The overall score gap is 28 points in favour of Johnson Matthey Plc.

INDUSTRY COMPARISON

Both operate in: Specialty Chemicals

This comparison is based on industry proximity, not on functional trajectory similarity. JMAT.L and SIKA.SW share the same industry classification.

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

Peer-Relative Score
JMAT.L
Johnson Matthey Plc
71
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
SIKA.SW
Sika AG
43
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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: JMAT.L vs SIKA.SW Profitability 74 53 Stability 35 23 Valuation 83 63 Growth 86 17 JMAT.L SIKA.SW
Gap Ranking
#1 Growth +69
#2 Profitability +21
#3 Valuation +20
#4 Stability +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for JMAT.L and SIKA.SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer JMAT.LSIKA.SW Relative valuation Structural strength

Johnson Matthey Plc looks stronger on relative valuation, while the broader price setup remains mixed.

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

Entry today — historical context

Where JMAT.L and SIKA.SW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY JMAT.L Elevated · above norm 0th 50th 100th 73 pct gap SIKA.SW Lower · below norm 0th 50th 100th 76th 3rd
Today SIKA.SW sits in the lower portion of its own 5-year history (3rd percentile), while JMAT.L sits higher in its own history (76th). Within each stock's own 5-year context, SIKA.SW is at a historically more favourable entry position than JMAT.L. 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
Growth
On growth, Johnson Matthey Plc ranks near the top of the group; Sika AG sits in the weaker half.
Profitability
On profitability, the edge still sits with Johnson Matthey Plc, even though both profiles look solid.
Growth — Dominant Gap
JMAT.L
86
SIKA.SW
17
Gap+69in favour of JMAT.L

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

Sika AG still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Growth is the clearest driver, and profitability also supports Johnson Matthey Plc's broader structural position.

Explore full peer positioning in AssetNext

Break down the JMAT.L vs SIKA.SW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how JMAT.L and SIKA.SW 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.