KMD Brands (ASX:KMD) Moat Score: 2/10 (As of Jul. 01, 2026)


ASX:KMD KMD Brands Ltd ASX:KMD
36 GF Score
Price A$1.53
GF Value A$5.71
Valuation Possible Value Trap
! 3 Warning Signs
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What is KMD Brands Moat Score?

KMD Brands ASX:KMD -4.38% 36 Moat Score is 2 as of Jul. 01, 2026. GuruFocus rates ASX:KMD with a GF Score™ of 36/100 and a GF Value™ of A$5.71 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,144 Manufacturing - Apparel & Accessories companies, KMD Brands ranks better than 94.06% on this metric.

KMD Brands has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

KMD Brands has No Moat: KMD Brands Ltd operates in the apparel sector with minimal market leadership and lacks proprietary technology or significant customer loyalty. The company does not have strong pricing power or regulatory barriers, resulting in a weak competitive position.

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 KMD Brands might have No Moat - Very weak/transient advantages.

KMD Brands  (ASX:KMD) 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

KMD Brands Moat Score Related Terms

ASX:KMD vs RL, LEVI, VFC: Moat Score Comparison

For the Apparel Manufacturing subindustry, KMD Brands'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.

KMD Brands Moat Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's Moat Score distribution charts can be found below:

* The bar in red indicates where KMD Brands's Moat Score falls into.


ASX:KMD
36GF Score
KMD Brands Ltd ASX:KMD
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
KMD Brands (ASX:KMD) has a Moat Score of 2 as of Jul. 01, 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, KMD Brands ranks #68 out of 1144 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.9%.
Is KMD Brands' Moat Score too high?
KMD Brands' current Moat Score is 2. Based on the distribution chart, KMD Brands ranks #68 out of 1144 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, KMD Brands has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KMD Brands' Moat Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KMD Brands ranks #68 out of 1144 companies for Moat Score. This places KMD Brands in the top 6% 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 Manufacturing - Apparel & Accessories company?
A good Moat Score depends on the Manufacturing - Apparel & Accessories 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. KMD Brands's current Moat Score is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMD Brands stock overvalued right now?
Based on GuruFocus' analysis, KMD Brands (ASX:KMD) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.71, compared to a current price of A$1.53 — trading 73.2% below its estimated fair value. The current Moat Score is 2. KMD Brands' overall GF Score™ is 36/100 with 3 warning signs to review. 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 KMD Brands (ASX:KMD), the current Moat Score is 2 as of Jul. 01, 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.

Is KMD Brands (ASX:KMD) Overvalued in 2026?

Based on GuruFocus' analysis, KMD Brands stock appears to be undervalued. The current stock price of A$1.53 is trading 73.2% below its estimated GF Value™ of A$5.71. GuruFocus considers KMD Brands to be Possible Value Trap.

Key valuation signals for ASX:KMD:

  • Moat Score: 2
  • GF Value™: A$5.71 vs. price of A$1.53 (73.2% below fair value)
  • GF Score™: 36/100 with 3 warning signs

No single metric tells the full story. See the ASX:KMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

KMD Brands Business Description

Address 223 Tuam Street, Christchurch Central, Christchurch, NZL, 8011
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from the Kathmandu segment.
36GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.53
Price
A$5.71
GF Value