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Parker-Hannifin vs Smiths Group: Which Stock Looks Stronger in 2026?

Parker-Hannifin holds the cleaner structural position, with the lead spread across profitability and growth. Smiths still has the edge on stability, which keeps the comparison from looking entirely one-sided. On the market side, Parker-Hannifin is in better shape — its trend is intact while Smiths's trend has broken down. That puts structure and market broadly in agreement — Parker-Hannifin's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

This is not just a one-metric split: both profitability and growth materially support the lead. Parker-Hannifin Corporation leads by 13 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Specialty Industrial Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. PH and SMIN.L share the same industry classification.

For a similarity-based comparison, see how Parker-Hannifin and Smiths each position within their functional peer groups in AssetNext.

Peer-Relative Score
PH
Parker-Hannifin Corporation
57
Peer-Score
Signal qualityHigh
vs
SMIN.L
Smiths Group plc
44
Peer-Score
Signal qualityHigh

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

Score differences across key dimensions.

Dimension spread: PH vs SMIN.L Profitability 73 44 Stability 50 72 Valuation 54 44 Growth 43 18 PH SMIN.L
Gap Ranking
#1 Profitability +29
#2 Growth +25
#3 Stability +22
#4 Valuation +10
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for PH and SMIN.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer PHSMIN.L Relative valuation Structural strength

Parker-Hannifin Corporation still looks stronger, and the price setup does not materially undermine that lead.

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

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but Parker-Hannifin Corporation leads clearly.
Growth
Growth also leans toward Parker-Hannifin Corporation, reinforcing the broader structural lead.
Profitability — Dominant Gap
PH
73
SMIN.L
44
Gap+29in favour of PH

Capital efficiency adds support, with a 5.3-point ROIC advantage.

What keeps the gap from being one-sided

Stability still tilts materially toward Smiths Group plc, which stops the result from looking dominant across the whole profile.

What this means for the comparison

The lead is built on both profitability and growth — though stability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the PH vs SMIN.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how PH and SMIN.L 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.

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.