ΔE 11.8, fair: the same colour family, but not a straight swap. Sunset Red is noticeably darker, more saturated than Magenta.
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 12). Sunset Red is noticeably darker, more saturated than Magenta.
The same difference applies the other way round: Magenta is noticeably lighter, more muted.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Magenta on the colour wheel See Sunset Red on the colour wheel
All matches: Magenta equivalents · Sunset Red equivalents