Home Compare NA9.DE vs REY.MI
Stock Comparison · Industry comparison · Information Technology Service

Nagarro vs Reply S.p.A.: Which Stock Looks Stronger in 2026?

Reply S.p.A holds the cleaner structural position, with profitability as the main driver and growth adding further support. Nagarro SE still has the edge on growth, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (NA9.DE: HDAX, REY.MI: STOXX 600).

Updated 2026-05-17

Profitability still does most of the heavy lifting in this comparison. The overall score gap is 10 points in favour of Reply S.p.A..

INDUSTRY COMPARISON

Both operate in: Information Technology Services

This comparison is based on industry proximity, not on functional trajectory similarity. NA9.DE and REY.MI share the same industry classification.

For a similarity-based comparison, see how Nagarro SE and Reply S.p.A each position within their functional peer groups in AssetNext.

Peer-Relative Score
NA9.DE
Nagarro SE
56
Peer-Score
Signal qualitylow
Peer basis: HDAX
vs
REY.MI
Reply S.p.A.
66
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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

Score differences across key dimensions.

Dimension spread: NA9.DE vs REY.MI Profitability 48 83 Stability 32 42 Valuation 74 74 Growth 68 54 NA9.DE REY.MI
Gap Ranking
#1 Profitability +35
#2 Growth +14
#3 Stability +10
#4 Valuation
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NA9.DE and REY.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NA9.DEREY.MI 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.

Entry today — historical context

Where NA9.DE and REY.MI each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NA9.DE Lower · below norm 0th 50th 100th 10 pct gap REY.MI Lower · below norm 0th 50th 100th 1st 11th
NA9.DE (1st percentile) and REY.MI (11th percentile) both sit in the lower portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

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

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but Reply S.p.A. leads clearly.
Growth
On growth, the edge still sits with Nagarro SE, even though both profiles look solid.
Profitability — Dominant Gap
NA9.DE
48
REY.MI
83
Gap+35in favour of REY.MI

Capital efficiency adds support, with a 13.1-point ROIC advantage.

What keeps the gap from being one-sided

Earnings growth also leans toward NA9.DE, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the NA9.DE vs REY.MI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how NA9.DE and REY.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.

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.