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Stock Comparison · Cheaper and stronger

ONEOK vs Smurfit Westrock: Which Stock Looks Stronger in 2026?

ONEOK holds the cleaner structural position, with valuation as the main driver and growth adding further support. Smurfit Westrock still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — ONEOK holds the more constructive position. That puts structure and market broadly in agreement — ONEOK's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

The result is anchored in valuation, but growth also reinforces the same direction. ONEOK, Inc. leads by 13 points on the overall comparison score.

Trajectory Similarity
0.66
Moderately similar
Peer-set rank: #5
within ONEOK, Inc.'s functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

The strongest overlap appears in revenue stability and capital structure.

Similarity drivers
revenue stabilitycapital structure
What reduces the match
revenue growth trajectory
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
OKE
ONEOK, Inc.
42
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
SW
Smurfit Westrock Plc
29
Peer-Score
Signal qualitylow
Peer basis: S&P 500

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

Pricing and operating quality both support the lead here.

Dimension spread: OKE vs SW Profitability 18 35 Stability 42 36 Valuation 84 37 Growth 17 0 OKE SW
Gap Ranking
#1 Valuation +47
#2 Growth +17
#3 Profitability +17
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for OKE and SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer OKESW Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Smurfit Westrock Plc.

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

Entry today — historical context

Where OKE and SW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY OKE Elevated · near norm 0th 50th 100th 53 pct gap SW Neutral · near norm 0th 50th 100th 94th 41st
Today SW sits in the lower-middle of its own 5-year history (41st percentile), while OKE sits higher in its own history (94th). Within each stock's own 5-year context, SW is at a historically more favourable entry position than OKE. 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, ONEOK, Inc. ranks near the top of the group; Smurfit Westrock Plc sits in the weaker half.
Growth
Both sit in the weaker half on growth, with ONEOK, Inc. still coming out ahead.
Valuation — Dominant Gap
OKE
84
SW
37
Gap+47in favour of OKE

The multiple-based pricing edge comes from a trailing P/E that is 36 turns lower.

What else supports the lead

Earnings growth is one contributing factor within the growth lead.

What this means for the comparison

Valuation is the clearest driver of the lead, with growth adding further support — though profitability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the OKE vs SW comparison across all dimensions with the full interactive tool.

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Similar valuation-driven comparisons

Explore how OKE and SW 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.