Home Compare LDO.MI vs RHM.DE
Stock Comparison · Industry comparison · Aerospace & Defense

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

Leonardo S.p.a holds the cleaner structural position, with the lead spread across growth and valuation. Rheinmetall does not offset that deficit through any equally strong structural edge elsewhere. On the market side, Leonardo S.p.a is in better shape — its trend is intact while Rheinmetall's trend has broken down. That puts structure and market broadly in agreement — Leonardo S.p.a's lead looks more confirmed than conflicted.

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

Updated 2026-04-05

The result is anchored in growth, but valuation also reinforces the same direction. The overall score gap is 18 points in favour of Leonardo S.p.a..

INDUSTRY COMPARISON

Both operate in: Aerospace & Defense

This comparison is based on industry proximity, not on functional trajectory similarity. LDO.MI and RHM.DE share the same industry classification.

For a similarity-based comparison, see how Leonardo S.p.a and Rheinmetall each position within their functional peer groups in AssetNext.

Peer-Relative Score
LDO.MI
Leonardo S.p.a.
57
Peer-Score
Signal qualityMedium
vs
RHM.DE
Rheinmetall AG
39
Peer-Score
Signal qualityHigh

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: LDO.MI vs RHM.DE Profitability 69 69 Stability 43 51 Valuation 47 19 Growth 67 12 LDO.MI RHM.DE
Gap Ranking
#1 Growth +55
#2 Valuation +28
#3 Stability +8
#4 Profitability
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

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

Leonardo S.p.a. looks stronger on relative valuation, while the broader price setup remains mixed.

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

Relative Position vs Comparable Companies
Growth
On growth, Leonardo S.p.a. ranks near the top of the group; Rheinmetall AG sits in the weaker half.
Valuation
Leonardo S.p.a. holds the stronger peer position on valuation.
Growth — Dominant Gap
LDO.MI
67
RHM.DE
12
Gap+55in favour of LDO.MI

The clearest distance comes from a stronger growth profile.

What keeps the gap from being one-sided

Rheinmetall AG 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 growth and valuation, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Similar growth-driven comparisons

Explore how LDO.MI and RHM.DE 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.