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

Teleperformance SE holds the cleaner structural position, with valuation as the main driver and growth adding further support. Spirax still has the edge on stability, 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.

Updated 2026-04-05

The clearest separation starts in valuation, but growth adds another real layer to the result. The overall score gap is 16 points in favour of Teleperformance SE.

Trajectory Similarity
0.71
Similar
Peer-set rank: #12
within Spirax Group plc's functional peer set

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

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

The match is driven mainly by recent revenue growth and capital structure.

Similarity drivers
recent revenue growthcapital structure
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
SPX.L
Spirax Group plc
47
Peer-Score
Signal qualityHigh
vs
TEP.PA
Teleperformance SE
63
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: SPX.L vs TEP.PA Profitability 50 55 Stability 37 27 Valuation 48 88 Growth 51 72 SPX.L TEP.PA
Gap Ranking
#1 Valuation +40
#2 Growth +21
#3 Stability +10
#4 Profitability +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for SPX.L and TEP.PA Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer SPX.LTEP.PA Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Teleperformance SE.

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

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Teleperformance SE still holds a clear edge.
Growth
On growth, the same pattern holds: both rank well, but Teleperformance SE still sits higher.
Valuation — Dominant Gap
SPX.L
48
TEP.PA
88
Gap+40in favour of TEP.PA

The multiple-based pricing edge comes from a forward P/E that is 15.8 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 the clearest driver of the lead, with growth adding further support — though stability still provides a real counterweight.

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

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Similar valuation-driven comparisons

Explore how SPX.L and TEP.PA 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.