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Stock Comparison · Valuation-led comparison

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

ONEOK leads structurally, with valuation as the clearest single gap between the two profiles. Smurfit Westrock still has the edge on stability, which keeps the comparison from looking entirely one-sided. 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. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

Valuation still does most of the heavy lifting in this comparison. ONEOK, Inc. leads by 10 points on the overall comparison score.

Trajectory Similarity
0.67
Moderately similar
Peer-set rank: #4
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 clearest structural overlap shows up in capital structure and recent revenue growth.

Similarity drivers
capital structurerecent revenue growth
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.
50
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
SW
Smurfit Westrock Plc
40
Peer-Score
Signal qualitylow
Peer basis: S&P 500

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: OKE vs SW Profitability 29 32 Stability 41 51 Valuation 80 37 Growth 45 45 OKE SW
Gap Ranking
#1 Valuation +43
#2 Stability +10
#3 Profitability +3
#4 Growth
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

Structure stays fairly close here, while current pricing still looks more supportive for ONEOK, Inc..

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 3 pct gap SW Elevated · above norm 0th 50th 100th 97th 94th
OKE (97th percentile) and SW (94th 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
Valuation
On valuation, ONEOK, Inc. ranks near the top of the group; Smurfit Westrock Plc sits in the weaker half.
Stability
On stability, the same pattern holds: both rank well, but Smurfit Westrock Plc still sits higher.
Valuation — Dominant Gap
OKE
80
SW
37
Gap+43in favour of OKE

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

What else supports the lead

Volatility exposure is also lower for ONEOK, Inc., which gives the lead a steadier footing.

What this means for the comparison

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

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.