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Stock Comparison · Structural lead, mixed market

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

The structural profiles are close, with Koninklijke Ahold Delhaize carrying a narrow edge on profitability. Bunzl still has the edge on 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 2026-08-16

Profitability points more clearly toward Bunzl plc, even if the broader score still leans toward Koninklijke Ahold Delhaize N.V..

Trajectory Similarity
0.80
Similar
Peer-set rank: #19
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.
55
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 36 72 Stability 74 47 Valuation 86 61 Growth 19 23 AD.AS BNZL.L
Gap Ranking
#1 Profitability +36
#2 Stability +27
#3 Valuation +25
#4 Growth +4
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

The structural gap is limited here, but current pricing still leans against Bunzl plc.

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

Relative Position vs Comparable Companies
Profitability
Bunzl plc ranks near the top of the group on profitability; Koninklijke Ahold Delhaize N.V. sits in the weaker half.
Stability
On stability, the edge is clear — both rank well, but Koninklijke Ahold Delhaize N.V. sits noticeably higher.
Profitability — Dominant Gap
AD.AS
36
BNZL.L
72
Gap+36in favour of BNZL.L

The profitability gap is wide, with the stronger side earning materially better operating marks.

What keeps the gap from being one-sided

Bunzl plc 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 profitability and stability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

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

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Other comparisons with conflicting dimension signals

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.