Suzano (BSP:SUZB3) Moat Score: 6/10 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:SUZB3 Suzano SA BSP:SUZB3
69 GF Score
Price R$41.63
GF Value R$58.99
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Suzano Moat Score?

Suzano BSP:SUZB3 -0.62% 69 Moat Score is 6 as of Jul. 22, 2026. GuruFocus rates BSP:SUZB3 with a GF Score™ of 69/100 and a GF Value™ of R$58.99 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 297 Forest Products companies, Suzano ranks better than 99.66% on this metric.

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

Suzano has Narrow Moat: Suzano SA benefits from economies of scale in the pulp and paper industry, strong brand recognition, and significant cost advantages due to its vertically integrated operations. However, while it has a strong position, the competitive nature of the industry and potential regulatory changes limit it to a strong narrow 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 Suzano might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Suzano  (BSP:SUZB3) 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

Suzano Moat Score Related Terms

BSP:SUZB3 vs SLVM: Moat Score Comparison

For the Paper & Paper Products subindustry, Suzano'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.

Suzano Moat Score vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Suzano's Moat Score distribution charts can be found below:

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


BSP:SUZB3
69GF Score
Suzano SA BSP:SUZB3
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Suzano (BSP:SUZB3) has a Moat Score of 6 as of Jul. 22, 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, Suzano ranks #1 out of 297 companies in the Forest Products industry, placing it in the top 0.3%.
Is Suzano's Moat Score too high?
Suzano's current Moat Score is 6. Based on the distribution chart, Suzano ranks #1 out of 297 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzano has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzano's Moat Score compare to SLVM?
According to the Forest Products industry distribution chart, Suzano ranks #1 out of 297 companies for Moat Score. This places Suzano in the top 0% 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 Forest Products company?
A good Moat Score depends on the Forest Products 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. Suzano'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 Suzano stock overvalued right now?
Based on GuruFocus' analysis, Suzano (BSP:SUZB3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$58.99, compared to a current price of R$41.63 — trading 29.4% below its estimated fair value. The current Moat Score is 6. Suzano's overall GF Score™ is 69/100 with 7 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 Suzano (BSP:SUZB3), the current Moat Score is 6 as of Jul. 22, 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 Suzano (BSP:SUZB3) Overvalued in 2026?

Based on GuruFocus' analysis, Suzano stock appears to be undervalued. The current stock price of R$41.63 is trading 29.4% below its estimated GF Value™ of R$58.99. GuruFocus considers Suzano to be Modestly Undervalued.

Key valuation signals for BSP:SUZB3:

  • Moat Score: 6
  • GF Value™: R$58.99 vs. price of R$41.63 (29.4% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the BSP:SUZB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suzano Business Description

Address Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Bairro Pituba, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants.
69GF Score

Get the complete analysis for BSP:SUZB3

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

R$41.63
Price
R$58.99
GF Value