Home Compare NHY.OL vs SHW
Stock Comparison · Single-driver result

Norsk Hydro A vs The Sherwin-Williams Company: Which Stock Looks Stronger in 2026?

The Sherwin-Williams Company leads structurally, with profitability as the clearest single gap between the two profiles. Norsk Hydro ASA still has the edge on valuation, which keeps the comparison from looking entirely one-sided. In the market, Norsk Hydro ASA carries the stronger setup — intact trend against The Sherwin-Williams Company's broken trend. That leaves a split case: the structural lead stays with The Sherwin-Williams Company, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (NHY.OL: STOXX 600, SHW: S&P 500).

Updated 2026-08-16

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight. The overall score gap is 13 points in favour of The Sherwin-Williams Company.

Trajectory Similarity
0.76
Similar
Peer-set rank: #3
within Norsk Hydro ASA's functional peer set

This comparison is anchored in 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.

Most of the shared profile comes through recent revenue growth and capital structure.

Similarity drivers
recent revenue growthcapital structure
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
NHY.OL
Norsk Hydro ASA
60
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SHW
The Sherwin-Williams Company
73
Peer-Score
Signal qualitylow
Peer basis: S&P 500

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

The clearest separation appears in profitability.

Dimension spread: NHY.OL vs SHW Profitability 39 83 Stability 64 69 Valuation 68 57 Growth 79 84 NHY.OL SHW
Gap Ranking
#1 Profitability +44
#2 Valuation +11
#3 Growth +5
#4 Stability +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NHY.OL and SHW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NHY.OLSHW Relative valuation Structural strength

The price setup looks more supportive for The Sherwin-Williams Company, but Norsk Hydro ASA still has the stronger structure.

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

Entry today — historical context

Where NHY.OL and SHW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NHY.OL Elevated · above norm 0th 50th 100th 3 pct gap SHW Elevated · above norm 0th 50th 100th 94th 91st
NHY.OL (94th percentile) and SHW (91st percentile) both sit in the upper 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
On profitability, The Sherwin-Williams Company ranks near the top of the group; Norsk Hydro ASA sits in the weaker half.
Valuation
On valuation, the same pattern holds: both rank well, but Norsk Hydro ASA still sits higher.
Profitability — Dominant Gap
NHY.OL
39
SHW
83
Gap+44in favour of SHW

Capital efficiency adds support, with a 7.5-point ROIC advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Norsk Hydro ASA, with a forward P/E that is 16.5 turns lower there.

What this means for the comparison

Profitability clearly separates the pair, while the broader read stays strong rather than one-way.

Explore full peer positioning in AssetNext

Break down the NHY.OL vs SHW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how NHY.OL and SHW 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.