Side by sideNEXT (NXT.L) and ABF (ABF.L)Memos of October 16, 2026 and October 17, 2026
NEXT vs ABF stock: the numbers side by side (October 2026)
How do NEXT and ABF compare?
| NEXT NXT.L | ABF ABF.L | |
|---|---|---|
| Revenue growth | 12.8%Jan 2026 | -3.1%Sep 2025 |
| Operating margin | 18.5%Jan 2026 | 7.6%Sep 2025 |
| Free cash flow | 800.9£ millions · Jan 2026 | 638£ millions · Sep 2025 |
| Free cash flow yield | 4.4%Today (Oct 16, 2026) | 4.7%Today (Oct 17, 2026) |
| Dividend yield | 1.7%Today (Oct 16, 2026) | 3.2%Today (Oct 17, 2026) |
| P/E, last 12 months | 19.56xToday (Oct 16, 2026) | 14.57xToday (Oct 17, 2026) |
| P/E, next 12 months | 17.46xToday (Oct 16, 2026) | 13.13xToday (Oct 17, 2026) |
| Weighted price forecast, about 1 year | 14379.15 (-5 %)October 2027 | 1779.64 (-5 %)October 2027 |
| Weighted price forecast, about 3 years | 16512.87 (+14 %)October 2029 | 2248.39 (+25 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | NEXT | The higher figure |
| Operating margin | NEXT | The higher figure |
| Free cash flow | NEXT | The higher figure |
| Free cash flow yield | ABF | The higher figure |
| Dividend yield | ABF | The higher figure |
| P/E, last 12 months | ABF | The lower figure |
| P/E, next 12 months | ABF | The lower figure |
| Weighted price forecast, about 1 year | — | The higher weighted return |
| Weighted price forecast, about 3 years | ABF | The higher weighted return |
What does each company do?
NEXT sells clothing, footwear and home products to consumers through shops and digital channels.
NEXT (NXT.L), from our memo of October 16, 2026 · NEXT stock forecast
Associated British Foods (ABF) sells affordable clothing and homeware through Primark, alongside grocery brands, sugar, bakery and specialty ingredients, animal feed and agricultural services.
ABF (ABF.L), from our memo of October 17, 2026 · ABF stock forecast