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Johnson Matthey vs The Sherwin-Williams Company: Which Stock Looks Stronger in 2026?

Johnson Matthey holds the cleaner structural position, with the lead spread across stability and valuation. The Sherwin-Williams Company still has the edge on stability, which keeps the comparison from looking entirely one-sided. On the market side, Johnson Matthey is in better shape — its trend is intact while The Sherwin-Williams Company'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. Peer scores are normalised within each company's primary universe (JMAT.L: STOXX 600, SHW: Russell 1000).

Updated 2026-05-17

On stability, the clearer edge sits with The Sherwin-Williams Company, while the overall score remains tighter and points the other way.

INDUSTRY COMPARISON

Both operate in: Specialty Chemicals

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

For a similarity-based comparison, see how Johnson Matthey and SHW 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
SHW
The Sherwin-Williams Company
65
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

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 SHW Profitability 74 63 Stability 35 64 Valuation 83 63 Growth 86 69 JMAT.L SHW
Gap Ranking
#1 Stability +29
#2 Valuation +20
#3 Growth +17
#4 Profitability +11
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for JMAT.L and SHW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer JMAT.LSHW Relative valuation Structural strength

Johnson Matthey Plc and The Sherwin-Williams Company look relatively close on structure, but the price setup still leans toward Johnson Matthey Plc.

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

Entry today — historical context

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

BASED ON 5-YEAR HISTORY JMAT.L Elevated · above norm 0th 50th 100th 24 pct gap SHW Neutral · below norm 0th 50th 100th 76th 51st
Today SHW sits in the upper-middle of its own 5-year history (51st percentile), while JMAT.L sits higher in its own history (76th). Within each stock's own 5-year context, SHW 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
Stability
On stability, The Sherwin-Williams Company is positioned higher in the group, while Johnson Matthey Plc is closer to the middle.
Valuation
Both profiles are strong on valuation, but Johnson Matthey Plc leads clearly.
Stability — Dominant Gap
JMAT.L
35
SHW
64
Gap+29in favour of SHW

The stability gap is wide, with the stronger side looking materially steadier through time.

What keeps the gap from being one-sided

The Sherwin-Williams Company 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 stability and valuation — though stability still provides a counterweight.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how JMAT.L and SHW 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.