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Stock Comparison · Industry comparison · Grocery Stores

Koninklijke Ahold Delhaize N.V. vs Axfood AB (publ): Which Stock Looks Stronger in 2026?

The structural profiles are close, with Koninklijke Ahold Delhaize carrying a narrow edge on valuation. Axfood AB (publ) still has the edge on profitability, 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

The result is anchored in valuation, but stability also reinforces the same direction.

INDUSTRY COMPARISON

Both operate in: Grocery Stores

This comparison is based on industry proximity, not on functional trajectory similarity. AD.AS and AXFO.ST share the same industry classification.

For a similarity-based comparison, see how AD.AS and Axfood AB (publ) each position within their functional peer groups in AssetNext.

Peer-Relative Score
AD.AS
Koninklijke Ahold Delhaize N.V.
55
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
AXFO.ST
Axfood AB (publ)
51
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: AD.AS vs AXFO.ST Profitability 36 62 Stability 74 59 Valuation 86 58 Growth 19 18 AD.AS AXFO.ST
Gap Ranking
#1 Valuation +28
#2 Profitability +26
#3 Stability +15
#4 Growth +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AD.AS and AXFO.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AD.ASAXFO.ST Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Axfood AB (publ).

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

Entry today — historical context

Where AD.AS and AXFO.ST each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AD.AS Elevated · near norm 0th 50th 100th 38 pct gap AXFO.ST Neutral · below norm 0th 50th 100th 74th 36th
Today AXFO.ST sits in the lower-middle of its own 5-year history (36th percentile), while AD.AS sits higher in its own history (74th). Within each stock's own 5-year context, AXFO.ST is at a historically more favourable entry position than AD.AS. 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
Both profiles are strong on valuation, but Koninklijke Ahold Delhaize N.V. leads clearly.
Profitability
On profitability, Axfood AB (publ) is positioned higher in the group, while Koninklijke Ahold Delhaize N.V. is closer to the middle.
Valuation — Dominant Gap
AD.AS
86
AXFO.ST
58
Gap+28in favour of AD.AS

The multiple-based pricing edge comes from a forward P/E that is 7.9 turns lower.

What keeps the gap from being one-sided

Profitability still tilts materially toward Axfood AB (publ), which stops the result from looking dominant across the whole profile.

What this means for the comparison

Valuation is the clearest driver of the lead, with profitability adding further support — though profitability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the AD.AS vs AXFO.ST comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how AD.AS and AXFO.ST 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.