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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 stability 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

On stability, the clearer edge sits with UPM-Kymmene Oyj, while the overall score remains tighter and points the other way.

Trajectory Similarity
0.73
Similar
Peer-set rank: #10
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
74
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
UPM.HE
UPM-Kymmene Oyj
64
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: TTE.PA vs UPM.HE Profitability 86 67 Stability 44 68 Valuation 76 53 Growth 83 71 TTE.PA UPM.HE
Gap Ranking
#1 Stability +24
#2 Valuation +23
#3 Profitability +19
#4 Growth +12
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

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

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

Entry today — historical context

Where TTE.PA and UPM.HE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY TTE.PA Elevated · above norm 0th 50th 100th 63 pct gap UPM.HE Neutral · near norm 0th 50th 100th 99th 36th
Today UPM.HE sits in the lower-middle of its own 5-year history (36th percentile), while TTE.PA sits higher in its own history (99th). Within each stock's own 5-year context, UPM.HE is at a historically more favourable entry position than TTE.PA. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Stability
Both profiles are strong on stability, but UPM-Kymmene Oyj leads clearly.
Valuation
On valuation, the same pattern holds: both rank well, but TotalEnergies SE still sits higher.
Stability — Dominant Gap
TTE.PA
44
UPM.HE
68
Gap+24in favour of UPM.HE

The clearest distance comes from a steadier profile over time.

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 stability 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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Other comparisons with conflicting dimension signals

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.

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.