Home Compare PUM.DE vs UHR.SW
Stock Comparison · Structural lead, mixed market

PUMA vs The Swatch Group: Which Stock Looks Stronger in 2026?

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

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

Updated 2026-04-05

The lead is spread across stability and growth, rather than sitting in one isolated gap.

Trajectory Similarity
0.71
Similar
Peer-set rank: #36
within PUMA SE's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The match is driven mainly by revenue growth trajectory and margin trend.

Similarity drivers
revenue growth trajectorymargin trend
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
PUM.DE
PUMA SE
16
Peer-Score
Signal qualityMedium
vs
UHR.SW
The Swatch Group AG
23
Peer-Score
Signal qualityHigh

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: PUM.DE vs UHR.SW Profitability 5 12 Stability 32 60 Valuation 26 8 Growth 0 21 PUM.DE UHR.SW
Gap Ranking
#1 Stability +28
#2 Growth +21
#3 Valuation +18
#4 Profitability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for PUM.DE and UHR.SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer PUM.DEUHR.SW Relative valuation Structural strength

The setup is mixed: neither company clearly combines the stronger profile with the more supportive price setup.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Stability
On stability, The Swatch Group AG is positioned higher in the group, while PUMA SE is closer to the middle.
Growth
Both sit in the weaker half on growth, with PUMA SE still coming out ahead.
Stability — Dominant Gap
PUM.DE
32
UHR.SW
60
Gap+28in favour of UHR.SW

The clearest distance comes from a steadier profile over time.

What keeps the gap from being one-sided

A meaningful counterforce remains in valuation, which keeps the comparison from looking completely one-sided.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the PUM.DE vs UHR.SW comparison across all dimensions with the full interactive tool.

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Similar stability-and-growth comparisons

Explore how PUM.DE and UHR.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.

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.