First Graphene (ASX:FGR) Moat Score: 3/10 (As of Jun. 30, 2026)


What is First Graphene Moat Score?

First Graphene ASX:FGR +6.78% Moat Score is 3 as of Jun. 30, 2026. The stock has 4 warning signs investors should review. Among 1,624 Chemicals companies, First Graphene ranks better than 90.58% on this metric.

First Graphene has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

First Graphene has No Moat: First Graphene Ltd has some proprietary technology in graphene production, but lacks market leadership and strong customer loyalty. Its advantages are transient, resulting in a very weak moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Graphene might have No Moat - Very weak/transient advantages.

First Graphene  (ASX:FGR) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Graphene Moat Score Related Terms

ASX:FGR vs DOW: Moat Score Comparison

For the Chemicals subindustry, First Graphene's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Graphene Moat Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's Moat Score distribution charts can be found below:

* The bar in red indicates where First Graphene's Moat Score falls into.


Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
First Graphene (ASX:FGR) has a Moat Score of 3 as of Jun. 30, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Graphene ranks #153 out of 1624 companies in the Chemicals industry, placing it in the top 9.4%.
Is First Graphene's Moat Score too high?
First Graphene's current Moat Score is 3. Based on the distribution chart, First Graphene ranks #153 out of 1624 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does First Graphene's Moat Score compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #153 out of 1624 companies for Moat Score. This places First Graphene in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Chemicals company?
A good Moat Score depends on the Chemicals industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First Graphene's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 57.5% above its estimated fair value. The current Moat Score is 3. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Graphene (ASX:FGR), the current Moat Score is 3 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.