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Stock Comparison · Structural lead, mixed market

TotalEnergies vs UPM-Kymmene Oyj: Which Stock Looks Stronger in 2026?

TotalEnergies SE holds the cleaner structural position, with the lead spread across profitability and valuation. UPM-Kymmene Oyj still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

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

Updated 2026-04-05

The clearest score difference appears in profitability. The overall score gap is 14 points in favour of TotalEnergies SE.

Trajectory Similarity
0.74
Similar
Peer-set rank: #11
within TotalEnergies SE's functional peer set

This pair is matched through 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 strongest overlap appears in 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
TTE.PA
TotalEnergies SE
60
Peer-Score
Signal qualityMedium
vs
UPM.HE
UPM-Kymmene Oyj
46
Peer-Score
Signal qualityMedium

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: TTE.PA vs UPM.HE Profitability 62 34 Stability 56 67 Valuation 76 51 Growth 37 33 TTE.PA UPM.HE
Gap Ranking
#1 Profitability +28
#2 Valuation +25
#3 Stability +11
#4 Growth +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for TTE.PA and UPM.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer TTE.PAUPM.HE Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for TotalEnergies SE.

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

Relative Position vs Comparable Companies
Profitability
On profitability, TotalEnergies SE is positioned higher in the group, while UPM-Kymmene Oyj is closer to the middle.
Valuation
Both rank well on valuation, but TotalEnergies SE still sits higher.
Profitability — Dominant Gap
TTE.PA
62
UPM.HE
34
Gap+28in favour of TTE.PA

Capital efficiency adds support, with a 9-point ROIC advantage.

What keeps the gap from being one-sided

UPM-Kymmene Oyj still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

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

Explore full peer positioning in AssetNext

Break down the TTE.PA vs UPM.HE comparison across all dimensions with the full interactive tool.

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Similar profitability-and-valuation comparisons

Explore how TTE.PA and UPM.HE 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.