Equatorial (BSP:EQTL3) Moat Score: 3/10 (As of Jul. 14, 2026)

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BSP:EQTL3 Equatorial SA BSP:EQTL3
77 GF Score
Price R$40.21
GF Value R$38.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Equatorial Moat Score?

Equatorial BSP:EQTL3 -1.71% 77 Moat Score is 3 as of Jul. 14, 2026. GuruFocus rates BSP:EQTL3 with a GF Score™ of 77/100 and a GF Value™ of R$38.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 545 Utilities - Regulated companies, Equatorial ranks better than 75.96% on this metric.

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

Equatorial has No Moat: Equatorial SA has transient advantages with limited market share and no significant network effects or intellectual property. The company lacks strong brand loyalty and faces competition without substantial regulatory barriers or cost advantages.

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 Equatorial might have No Moat - Very weak/transient advantages.

Equatorial  (BSP:EQTL3) 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

Equatorial Moat Score Related Terms

BSP:EQTL3 vs NEE, SO, DUK: Moat Score Comparison

For the Utilities - Regulated Electric subindustry, Equatorial'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.

Equatorial Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Equatorial's Moat Score distribution charts can be found below:

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


BSP:EQTL3
77GF Score
Equatorial SA BSP:EQTL3
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 3 mean?
Equatorial (BSP:EQTL3) has a Moat Score of 3 as of Jul. 14, 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, Equatorial ranks #131 out of 545 companies in the Utilities - Regulated industry, placing it in the top 24%.
Is Equatorial's Moat Score too high?
Equatorial's current Moat Score is 3. Based on the distribution chart, Equatorial ranks #131 out of 545 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Equatorial has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equatorial's Moat Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial ranks #131 out of 545 companies for Moat Score. This places Equatorial in the top 24% 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 Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated 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. Equatorial'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 Equatorial stock overvalued right now?
Based on GuruFocus' analysis, Equatorial (BSP:EQTL3) is currently considered Fairly Valued. The stock's GF Value™ is R$38.71, compared to a current price of R$40.21 — trading 3.9% above its estimated fair value. The current Moat Score is 3. Equatorial's overall GF Score™ is 77/100 with 5 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 Equatorial (BSP:EQTL3), the current Moat Score is 3 as of Jul. 14, 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 Equatorial (BSP:EQTL3) Overvalued in 2026?

Based on GuruFocus' analysis, Equatorial stock appears to be overvalued. The current stock price of R$40.21 is trading 3.9% above its estimated GF Value™ of R$38.71. GuruFocus considers Equatorial to be Fairly Valued.

Key valuation signals for BSP:EQTL3:

  • Moat Score: 3
  • GF Value™: R$38.71 vs. price of R$40.21 (3.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the BSP:EQTL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Equatorial Business Description

Other Exchanges EQUEY:USA
Address Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial SA holds equity interests in other companies, consortia, and ventures that operate in the electric power sector or related activities and other sectors.
77GF Score

Get the complete analysis for BSP:EQTL3

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

R$40.21
Price
R$38.71
GF Value