Home Compare LYB vs UPM.HE
Stock Comparison · Structural lead, mixed market

LyondellBasell Industries N.V. vs UPM-Kymmene Oyj: Which Stock Looks Stronger in 2026?

UPM-Kymmene Oyj holds the cleaner structural position, with the lead spread across profitability and valuation. LyondellBasell Industries still has the edge on valuation, 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. Peer scores are normalised within each company's primary universe (LYB: S&P 500, UPM.HE: STOXX 600).

Updated 2026-05-17

The lead is spread across profitability and growth, rather than sitting in one isolated gap. The overall score gap is 12 points in favour of UPM-Kymmene Oyj.

Trajectory Similarity
0.74
Similar
Peer-set rank: #12
within LyondellBasell Industries N.V.'s functional peer set

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

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

The clearest structural overlap shows up in margin trend and recent revenue growth.

Similarity drivers
margin trendrecent revenue growth
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
LYB
LyondellBasell Industries N.V.
52
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
UPM.HE
UPM-Kymmene Oyj
64
Peer-Score
Signal qualityMedium
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: LYB vs UPM.HE Profitability 24 67 Stability 52 68 Valuation 88 53 Growth 43 71 LYB UPM.HE
Gap Ranking
#1 Profitability +43
#2 Valuation +35
#3 Growth +28
#4 Stability +16
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for LYB and UPM.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer LYBUPM.HE Relative valuation Structural strength

The price setup looks more supportive for UPM-Kymmene Oyj, but LyondellBasell Industries N.V. still has the stronger structure.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where LYB and UPM.HE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY LYB Neutral · near norm 0th 50th 100th 23 pct gap UPM.HE Neutral · near norm 0th 50th 100th 59th 36th
Today UPM.HE sits in the lower-middle of its own 5-year history (36th percentile), while LYB sits higher in its own history (59th). Within each stock's own 5-year context, UPM.HE is at a historically more favourable entry position than LYB. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, UPM-Kymmene Oyj ranks near the top of the group; LyondellBasell Industries N.V. sits in the weaker half.
Valuation
On valuation, the edge is clear — both rank well, but LyondellBasell Industries N.V. sits noticeably higher.
Profitability — Dominant Gap
LYB
24
UPM.HE
67
Gap+43in favour of UPM.HE

The profitability lead is mainly driven by a 6.5-point operating margin advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for LyondellBasell Industries, with a forward P/E that is 2.4 turns lower there.

What this means for the comparison

Profitability settles the comparison, while pricing and valuation keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the LYB vs UPM.HE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how LYB and UPM.HE 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.