Home Compare RS1.L vs SPX.L
Stock Comparison · Valuation-led comparison

RS Group vs Spirax Group: Which Stock Looks Stronger in 2026?

RS leads structurally, with valuation as the clearest single gap between the two profiles. The remaining gap is narrow enough that the comparison remains open to different readings. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

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

Updated 2026-04-05

Valuation still does most of the heavy lifting in this comparison.

Trajectory Similarity
0.73
Similar
Peer-set rank: #4
within Spirax Group plc's functional peer set

This pair is matched through 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.

Most of the shared profile comes through recent revenue growth and margin trend.

Similarity drivers
recent revenue growthmargin 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
RS1.L
RS Group plc
54
Peer-Score
Signal qualityMedium
vs
SPX.L
Spirax Group plc
47
Peer-Score
Signal qualityHigh

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: RS1.L vs SPX.L Profitability 58 50 Stability 34 37 Valuation 69 48 Growth 46 51 RS1.L SPX.L
Gap Ranking
#1 Valuation +21
#2 Profitability +8
#3 Growth +5
#4 Stability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for RS1.L and SPX.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer RS1.LSPX.L Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for RS Group plc.

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

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but RS Group plc still holds a clear edge.
Profitability
RS Group plc holds the stronger peer position on profitability.
Valuation — Dominant Gap
RS1.L
69
SPX.L
48
Gap+21in favour of RS1.L

The multiple-based pricing edge comes from a forward P/E that is 5.9 turns lower.

What keeps the gap from being one-sided

Spirax Group plc still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Valuation is still the cleanest way to understand the lead here.

Explore full peer positioning in AssetNext

Break down the RS1.L vs SPX.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-profitability comparisons

Explore how RS1.L and SPX.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.