Home Compare AD.AS vs BNZL.L
Stock Comparison · Structural lead, mixed market

Koninklijke Ahold Delhaize N.V. vs Bunzl: Which Stock Looks Stronger in 2026?

Koninklijke Ahold Delhaize holds the cleaner structural position, with stability as the main driver and valuation adding further support. Bunzl still leads on growth and profitability, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Bunzl, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Koninklijke Ahold Delhaize, 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 2026-07-05

Stability remains the main source of distance in the comparison.

Trajectory Similarity
0.80
Similar
Peer-set rank: #17
within Koninklijke Ahold Delhaize N.V.'s functional peer set

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

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The clearest structural overlap shows up in revenue stability and margin consistency.

Similarity drivers
revenue stabilitymargin consistency
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
AD.AS
Koninklijke Ahold Delhaize N.V.
60
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
BNZL.L
Bunzl plc
54
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 BNZL.L Profitability 51 67 Stability 80 44 Valuation 86 62 Growth 17 30 AD.AS BNZL.L
Gap Ranking
#1 Stability +36
#2 Valuation +24
#3 Profitability +16
#4 Growth +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AD.AS and BNZL.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AD.ASBNZL.L Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Koninklijke Ahold Delhaize N.V..

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

Relative Position vs Comparable Companies
Stability
Both rank well on stability, but Koninklijke Ahold Delhaize N.V. still holds a clear edge.
Valuation
On valuation, the edge is clear — both rank well, but Koninklijke Ahold Delhaize N.V. sits noticeably higher.
Stability — Dominant Gap
AD.AS
80
BNZL.L
44
Gap+36in favour of AD.AS

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

What keeps the gap from being one-sided

Profitability still leans toward Bunzl plc, so the lead is real without reading as one-way.

What this means for the comparison

Stability is the clearest driver of the lead, with valuation adding further support — though growth still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the AD.AS vs BNZL.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar stability-and-valuation comparisons

Explore how AD.AS and BNZL.L 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.