NexGen Energy (ASX:NXG) Moat Score: 6/10 (As of Jul. 02, 2026)


ASX:NXG NexGen Energy Ltd ASX:NXG
40 GF Score
Price A$13.87
! 1 Warning Sign
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What is NexGen Energy Moat Score?

NexGen Energy ASX:NXG +1.24% 40 Moat Score is 6 as of Jul. 02, 2026. GuruFocus rates ASX:NXG with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 185 Other Energy Sources companies, NexGen Energy ranks better than 98.92% on this metric.

NexGen Energy has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

NexGen Energy has Narrow Moat: NexGen Energy Ltd has a strong narrow moat due to its valuable uranium assets and potential cost advantages in production. It benefits from regulatory barriers in the energy sector and has a growing brand reputation. However, it lacks significant customer switching costs and network effects to qualify for a wide 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 NexGen Energy might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

NexGen Energy  (ASX:NXG) 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

NexGen Energy Moat Score Related Terms

ASX:NXG vs UEC, LEU: Moat Score Comparison

For the Uranium subindustry, NexGen Energy'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.

NexGen Energy Moat Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NexGen Energy's Moat Score distribution charts can be found below:

* The bar in red indicates where NexGen Energy's Moat Score falls into.


ASX:NXG
40GF Score
NexGen Energy Ltd ASX:NXG
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 6 mean?
NexGen Energy (ASX:NXG) has a Moat Score of 6 as of Jul. 02, 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, NexGen Energy ranks #2 out of 185 companies in the Other Energy Sources industry, placing it in the top 1.1%.
Is NexGen Energy's Moat Score too high?
NexGen Energy's current Moat Score is 6. Based on the distribution chart, NexGen Energy ranks #2 out of 185 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, NexGen Energy has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Moat Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, NexGen Energy ranks #2 out of 185 companies for Moat Score. This places NexGen Energy in the top 1% 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 an Other Energy Sources company?
A good Moat Score depends on the Other Energy Sources 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. NexGen Energy's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (ASX:NXG) has a current Moat Score of 6. The current Moat Score is 6. NexGen Energy's overall GF Score™ is 40/100 with 1 warning sign 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 NexGen Energy (ASX:NXG), the current Moat Score is 6 as of Jul. 02, 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.

NexGen Energy Business Description

Address 1021 West Hastings Street, Suite 3150, Vancouver, BC, CAN, V6E 0C3
NexGen Energy Ltd is an exploration and development stage entity engaged in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The Rook I Project is a development-stage uranium project in Canada. The Company also holds a prospective portfolio of uranium exploration projects in the historic eastern Athabasca Basin.
40GF Score

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