Home Compare NOD.OL vs STX
Stock Comparison · Structural lead, mixed market

Nordic Semiconductor A vs Seagate Technology Holdings: Which Stock Looks Stronger in 2026?

Seagate Technology holds the cleaner structural position, with the lead spread across profitability and growth. Nordic Semiconductor ASA does not offset that deficit through any equally strong structural edge elsewhere. 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

The lead is spread across profitability and growth, rather than sitting in one isolated gap. Seagate Technology Holdings plc leads by 34 points on the overall comparison score.

Trajectory Similarity
0.61
Moderately similar
Peer-set rank: #6
within Nordic Semiconductor ASA's functional peer set

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

This level of similarity points to a meaningful structural match, though not a tight one.

The match is driven mainly by revenue growth trajectory and capital structure.

Similarity drivers
revenue growth trajectorycapital structure
What reduces the match
margin 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
NOD.OL
Nordic Semiconductor ASA
19
Peer-Score
Signal qualityHigh
vs
STX
Seagate Technology Holdings plc
53
Peer-Score
Signal qualityMedium

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: NOD.OL vs STX Profitability 0 61 Stability 41 37 Valuation 8 40 Growth 42 75 NOD.OL STX
Gap Ranking
#1 Profitability +61
#2 Growth +33
#3 Valuation +32
#4 Stability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NOD.OL and STX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NOD.OLSTX Relative valuation Structural strength

Seagate Technology Holdings plc looks stronger both structurally and on relative valuation.

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

Relative Position vs Comparable Companies
Profitability
On profitability, Seagate Technology Holdings plc is positioned higher in the group, while Nordic Semiconductor ASA is closer to the middle.
Growth
Both rank well on growth, but Seagate Technology Holdings plc still holds a clear edge.
Profitability — Dominant Gap
NOD.OL
0
STX
61
Gap+61in favour of STX

The profitability lead is mainly driven by a 28-point operating margin advantage.

What keeps the gap from being one-sided

Nordic Semiconductor ASA 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 profitability and growth, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the NOD.OL vs STX comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-growth comparisons

Explore how NOD.OL and STX 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.