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Lumentum Holdings vs SalMar A: Which Stock Looks Stronger in 2026?

The structural profiles are close, with SalMar ASA carrying a narrow edge on growth. Lumentum still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

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

Updated 2026-04-05

Growth points more clearly toward Lumentum Holdings Inc., even if the broader score still leans toward SalMar ASA.

Trajectory Similarity
0.53
Loose match
Peer-set rank: #24
within Lumentum Holdings Inc.'s functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

The pair still fits the compare framework, though the long-term structural overlap is relatively light.

The match is driven mainly by revenue stability and margin trend.

Similarity drivers
revenue stabilitymargin trend
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
LITE
Lumentum Holdings Inc.
26
Peer-Score
Signal qualityMedium
vs
SALM.OL
SalMar ASA
29
Peer-Score
Signal qualityMedium

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

The clearest separation appears in growth.

Dimension spread: LITE vs SALM.OL Profitability 2 27 Stability 31 37 Valuation 9 17 Growth 85 43 LITE SALM.OL
Gap Ranking
#1 Growth +42
#2 Profitability +25
#3 Valuation +8
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for LITE and SALM.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer LITESALM.OL Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

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

Relative Position vs Comparable Companies
Growth
Both profiles are strong on growth, but Lumentum Holdings Inc. leads clearly.
Profitability
Both sit in the weaker half on profitability, with SalMar ASA still coming out ahead.
Growth — Dominant Gap
LITE
85
SALM.OL
43
Gap+42in favour of LITE

The current lead is backed by a stronger multi-year growth trajectory.

What else supports the lead

Profitability adds a second layer of support to the lead, with a 12.3-point operating margin advantage.

What this means for the comparison

Growth answers the page question more clearly than the overall score does.

Explore full peer positioning in AssetNext

Break down the LITE vs SALM.OL comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how LITE and SALM.OL 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.