Home Compare KRN.DE vs LDO.MI
Stock Comparison · Valuation-led comparison

Krones vs Leonardo S.p.a.: Which Stock Looks Stronger in 2026?

Krones leads structurally, with valuation as the clearest single gap between the two profiles. Leonardo S.p.a still has the edge on growth, which keeps the comparison from looking entirely one-sided. In the market, Leonardo S.p.a carries the stronger setup — intact trend against Krones's broken trend. That leaves a split case: the structural lead stays with Krones, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. Krones AG leads by 11 points on the overall comparison score.

Trajectory Similarity
0.78
Similar
Peer-set rank: #16
within Krones AG's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The strongest overlap appears in margin consistency and investment intensity.

Similarity drivers
margin consistencyinvestment intensity
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
KRN.DE
Krones AG
68
Peer-Score
Signal qualityMedium
vs
LDO.MI
Leonardo S.p.a.
57
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: KRN.DE vs LDO.MI Profitability 71 69 Stability 50 43 Valuation 87 47 Growth 56 67 KRN.DE LDO.MI
Gap Ranking
#1 Valuation +40
#2 Growth +11
#3 Stability +7
#4 Profitability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KRN.DE and LDO.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KRN.DELDO.MI Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Krones AG.

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

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Krones AG leads clearly.
Growth
On growth, the edge still sits with Leonardo S.p.a., even though both profiles look solid.
Valuation — Dominant Gap
KRN.DE
87
LDO.MI
47
Gap+40in favour of KRN.DE

The multiple-based pricing edge comes from a forward P/E that is 12.4 turns lower.

What keeps the gap from being one-sided

On the market side, Leonardo S.p.a carries the stronger trend while Krones's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

Valuation clearly separates the pair, while the broader read stays strong rather than one-way.

Explore full peer positioning in AssetNext

Break down the KRN.DE vs LDO.MI comparison across all dimensions with the full interactive tool.

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Explore how KRN.DE and LDO.MI 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.

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.