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Stock Comparison · Structural lead, mixed market

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

The Sherwin-Williams Company holds the cleaner structural position, with the lead spread across growth and profitability. Norsk Hydro ASA does not offset that deficit through any equally strong structural edge elsewhere. 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: Russell 1000).

Updated 2026-05-17

The clearest separation starts in growth, but profitability adds another real layer to the result. The Sherwin-Williams Company leads by 28 points on the overall comparison score.

Trajectory Similarity
0.77
Similar
Peer-set rank: #2
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
37
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SHW
The Sherwin-Williams Company
65
Peer-Score
Signal qualitylow
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: NHY.OL vs SHW Profitability 34 63 Stability 66 64 Valuation 39 63 Growth 8 69 NHY.OL SHW
Gap Ranking
#1 Growth +61
#2 Profitability +29
#3 Valuation +24
#4 Stability +2
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 Sherwin-Williams Company looks stronger on relative valuation, while the broader price setup remains mixed.

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 48 pct gap SHW Neutral · below norm 0th 50th 100th 99th 51st
Today SHW sits in the upper-middle of its own 5-year history (51st percentile), while NHY.OL sits higher in its own history (99th). Within each stock's own 5-year context, SHW is at a historically more favourable entry position than NHY.OL. 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
Growth
On growth, The Sherwin-Williams Company ranks near the top of the group; Norsk Hydro ASA sits in the weaker half.
Profitability
On profitability, The Sherwin-Williams Company is positioned higher in the group, while Norsk Hydro ASA is closer to the middle.
Growth — Dominant Gap
NHY.OL
8
SHW
69
Gap+61in favour of SHW

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

On the market side, Norsk Hydro ASA carries the stronger trend while The Sherwin-Williams Company's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

The lead is built on both growth and profitability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

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

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Similar growth-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.