Johnson Matthey holds the cleaner structural position, with the lead spread across valuation and growth. Wacker Chemie does not offset that deficit through any equally strong structural edge elsewhere. In the market, Wacker Chemie carries the stronger setup — intact trend against Johnson Matthey's broken trend. That leaves a split case: the structural lead stays with Johnson Matthey, but the market is not currently confirming it.
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, WCH.DE: HDAX).
The clearest separation starts in valuation, but growth adds another real layer to the result. The overall score gap is 22 points in favour of Johnson Matthey Plc.
Both operate in: Specialty Chemicals
This comparison is based on industry proximity, not on functional trajectory similarity. JMAT.L and WCH.DE share the same industry classification.
For a similarity-based comparison, see how Johnson Matthey and Wacker Chemie each position within their functional peer groups in AssetNext.
Scores reflect position relative to comparable companies with similar long-term financial trajectories.
Score differences across key dimensions.
Left means cheaper relative valuation. Higher means stronger structure.
Johnson Matthey Plc looks stronger on relative valuation, while the broader price setup remains mixed.
Valuation position uses Forward P/E where available.
Where JMAT.L and WCH.DE each sit in their own 5-year price and valuation history.
Describes historical entry positioning only. Descriptive — not investment advice.
The multiple-based pricing edge comes from a forward P/E that is 29 turns lower.
Stability is the one area where Wacker Chemie AG still pushes back materially — it is the steadier name on this dimension, which keeps the result from reading as one-way.
The lead is built on both valuation and growth, making it broader than a single-dimension result.
Break down the JMAT.L vs WCH.DE comparison across all dimensions with the full interactive tool.
Explore how JMAT.L and WCH.DE 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.
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.