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Stock Comparison · Structural lead, mixed market

Nordic Semiconductor A vs Western Digital: Which Stock Looks Stronger in 2026?

Western Digital holds the cleaner structural position, with the lead spread across valuation and profitability. Nordic Semiconductor ASA still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. 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 (NOD.OL: STOXX 600, WDC: Russell 1000).

Updated 2026-05-17

The clearest separation starts in valuation, but profitability adds another real layer to the result. Western Digital Corporation leads by 33 points on the overall comparison score.

Trajectory Similarity
0.56
Moderately similar
Peer-set rank: #17
within Nordic Semiconductor ASA's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The clearest structural overlap shows up in margin consistency and capital structure.

Similarity drivers
margin consistencycapital 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
30
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
WDC
Western Digital Corporation
63
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000

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 WDC Profitability 18 66 Stability 45 33 Valuation 14 65 Growth 56 88 NOD.OL WDC
Gap Ranking
#1 Valuation +51
#2 Profitability +48
#3 Growth +32
#4 Stability +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

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

Western Digital Corporation looks stronger both structurally and on relative valuation.

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

Entry today — historical context

Where NOD.OL and WDC each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NOD.OL Elevated · above norm 0th 50th 100th 17 pct gap WDC Elevated · above norm 0th 50th 100th 82nd 99th
Today NOD.OL sits in the upper portion of its own 5-year history (82nd percentile), while WDC sits higher in its own history (99th). Within each stock's own 5-year context, NOD.OL is at a historically more favourable entry position than WDC. 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
Valuation
On valuation, Western Digital Corporation ranks near the top of the group; Nordic Semiconductor ASA sits in the weaker half.
Profitability
The same broad pattern appears on profitability: Western Digital Corporation ranks near the top of the group, while Nordic Semiconductor ASA stays in the weaker half.
Valuation — Dominant Gap
NOD.OL
14
WDC
65
Gap+51in favour of WDC

The multiple-based pricing edge comes from a forward P/E that is 16.7 turns lower.

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 valuation and profitability — though stability still provides a counterweight.

Explore full peer positioning in AssetNext

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

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Similar valuation-and-profitability comparisons

Explore how NOD.OL and WDC 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.