Home Compare KOG.OL vs UMI.BR
Stock Comparison · Structural lead, mixed market

Kongsberg Gruppen A vs Umicore: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Kongsberg Gruppen ASA carrying a narrow edge on valuation. Umicore still leads on growth and valuation, which keeps the comparison from looking entirely one-sided. In the market, Umicore carries the stronger setup — intact trend against Kongsberg Gruppen ASA's broken trend. That leaves a split case: the structural lead stays with Kongsberg Gruppen ASA, but the market is not currently confirming it.

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

On valuation, the clearer edge sits with Umicore SA, while the overall score remains tighter and points the other way.

Trajectory Similarity
0.65
Moderately similar
Peer-set rank: #5
within Kongsberg Gruppen ASA's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The match is driven mainly by margin consistency and recent revenue growth.

Similarity drivers
margin consistencyrecent revenue growth
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
KOG.OL
Kongsberg Gruppen ASA
61
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600
vs
UMI.BR
Umicore SA
57
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: KOG.OL vs UMI.BR Profitability 91 44 Stability 65 18 Valuation 26 80 Growth 62 79 KOG.OL UMI.BR
Gap Ranking
#1 Valuation +54
#2 Profitability +47
#3 Stability +47
#4 Growth +17
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KOG.OL and UMI.BR Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KOG.OLUMI.BR Relative valuation Structural strength

Kongsberg Gruppen ASA looks stronger, but the price setup still looks more supportive for Umicore SA.

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

Entry today — historical context

Where KOG.OL and UMI.BR each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY KOG.OL Elevated · near norm 0th 50th 100th 25 pct gap UMI.BR Neutral · above norm 0th 50th 100th 82nd 57th
Today UMI.BR sits in the upper-middle of its own 5-year history (57th percentile), while KOG.OL sits higher in its own history (82nd). Within each stock's own 5-year context, UMI.BR is at a historically more favourable entry position than KOG.OL. 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
Valuation
Umicore SA ranks near the top of the group on valuation; Kongsberg Gruppen ASA sits in the weaker half.
Profitability
On profitability, the edge is clear — both rank well, but Kongsberg Gruppen ASA sits noticeably higher.
Valuation — Dominant Gap
KOG.OL
26
UMI.BR
80
Gap+54in favour of UMI.BR

The main spread comes from a meaningfully cheaper peer-relative valuation.

What keeps the gap from being one-sided

On the market side, Umicore carries the stronger trend while Kongsberg Gruppen ASA's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

The lead is built on both valuation and profitability — though growth still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the KOG.OL vs UMI.BR comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how KOG.OL and UMI.BR 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.