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Stock Comparison · Structural lead, mixed market

Siemens Healthineers vs Tomra Systems A: Which Stock Looks Stronger in 2026?

Siemens Healthineers holds the cleaner structural position, with the lead spread across profitability and valuation. Tomra Systems ASA still has the edge on growth, which keeps the comparison from looking entirely one-sided. 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

This is not just a one-metric split: both profitability and valuation materially support the lead. Siemens Healthineers AG leads by 23 points on the overall comparison score.

Trajectory Similarity
0.68
Moderately similar
Peer-set rank: #11
within Siemens Healthineers AG's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

The match is driven mainly by investment intensity and recent revenue growth.

Similarity drivers
investment intensityrecent revenue growth
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
SHL.DE
Siemens Healthineers AG
56
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
TOM.OL
Tomra Systems ASA
33
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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: SHL.DE vs TOM.OL Profitability 50 5 Stability 58 31 Valuation 72 40 Growth 37 67 SHL.DE TOM.OL
Gap Ranking
#1 Profitability +45
#2 Valuation +32
#3 Growth +30
#4 Stability +27
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for SHL.DE and TOM.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer SHL.DETOM.OL Relative valuation Structural strength

Siemens Healthineers AG looks stronger on relative valuation, while the broader price setup remains mixed.

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

Entry today — historical context

Where SHL.DE and TOM.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY SHL.DE Lower · below norm 0th 50th 100th 2 pct gap TOM.OL Lower · below norm 0th 50th 100th 1st 3rd
SHL.DE (1st percentile) and TOM.OL (3rd percentile) both sit in the lower 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
Profitability
On profitability, Siemens Healthineers AG is positioned higher in the group, while Tomra Systems ASA is closer to the middle.
Valuation
Both rank well on valuation, but Siemens Healthineers AG still holds a clear edge.
Profitability — Dominant Gap
SHL.DE
50
TOM.OL
5
Gap+45in favour of SHL.DE

The profitability lead is mainly driven by a 7.4-point operating margin advantage.

What keeps the gap from being one-sided

Growth still leans toward Tomra Systems ASA, so the lead is real without reading as one-way.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the SHL.DE vs TOM.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how SHL.DE and TOM.OL 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.