Ageas/ NV (CHIX:AGSB) Moat Score: 5/10 (As of Jul. 11, 2026)


CHIX:AGSB Ageas SA/ NV CHIX:AGSB
74 GF Score
Price €68.18
GF Value €56.54
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ageas/ NV Moat Score?

Ageas/ NV CHIX:AGSB 74 Moat Score is 5 as of Jul. 11, 2026. GuruFocus rates CHIX:AGSB with a GF Score™ of 74/100 and a GF Value™ of €56.54 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 596 Insurance companies, Ageas/ NV ranks better than 88.76% on this metric.

Ageas/ NV has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Ageas/ NV has Narrow Moat: Ageas has a solid narrow moat with strong brand strength and customer loyalty in the insurance industry. It benefits from regulatory barriers and a superior distribution network, but lacks significant pricing power or proprietary technology.

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 Ageas/ NV might have Narrow Moat - Solid narrow moat.

Ageas/ NV  (CHIX:AGSb) 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

Ageas/ NV Moat Score Related Terms

CHIX:AGSB vs BRK.A, AIG, HIG: Moat Score Comparison

For the Insurance - Diversified subindustry, Ageas/ NV'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.

Ageas/ NV Moat Score vs Insurance Industry

For the Insurance industry and Financial Services sector, Ageas/ NV's Moat Score distribution charts can be found below:

* The bar in red indicates where Ageas/ NV's Moat Score falls into.


CHIX:AGSB
74GF Score
Ageas SA/ NV CHIX:AGSB
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 5 mean?
Ageas/ NV (CHIX:AGSB) has a Moat Score of 5 as of Jul. 11, 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, Ageas/ NV ranks #67 out of 596 companies in the Insurance industry, placing it in the top 11.2%.
Is Ageas/ NV's Moat Score too high?
Ageas/ NV's current Moat Score is 5. Based on the distribution chart, Ageas/ NV ranks #67 out of 596 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Ageas/ NV has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ageas/ NV's Moat Score compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Ageas/ NV ranks #67 out of 596 companies for Moat Score. This places Ageas/ NV in the top 11% 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 Insurance company?
A good Moat Score depends on the Insurance 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. Ageas/ NV's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ageas/ NV stock overvalued right now?
Based on GuruFocus' analysis, Ageas/ NV (CHIX:AGSB) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.54, compared to a current price of €68.18 — trading 20.6% above its estimated fair value. The current Moat Score is 5. Ageas/ NV's overall GF Score™ is 74/100 with 8 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 Ageas/ NV (CHIX:AGSB), the current Moat Score is 5 as of Jul. 11, 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 Ageas/ NV (CHIX:AGSB) Overvalued in 2026?

Based on GuruFocus' analysis, Ageas/ NV stock appears to be overvalued. The current stock price of €68.18 is trading 20.6% above its estimated GF Value™ of €56.54. GuruFocus considers Ageas/ NV to be Modestly Overvalued.

Key valuation signals for CHIX:AGSB:

  • Moat Score: 5
  • GF Value™: €56.54 vs. price of €68.18 (20.6% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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

Ageas/ NV Business Description

Address Avenue Du Boulevard 21, Manhattan Center, Saint-Josse-ten-Noode, Brussels, BEL, 1210
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue, and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to deteriorate, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance units which later became Ageas.
74GF Score

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

€68.18
Price
€56.54
GF Value