ERNXY (Euronext NV) Moat Score: 6/10 (As of Jun. 28, 2026)


ERNXY Euronext NV ERNXY
84 GF Score
Price $31.90
GF Value $29.43
Valuation Fairly Valued
! 4 Warning Signs
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What is Euronext NV Moat Score?

Euronext NV ERNXY -0.25% 84 Moat Score is 6 as of Jun. 28, 2026. GuruFocus rates ERNXY with a GF Score™ of 84/100 and a GF Value™ of $29.43 (Fairly Valued). The stock has 4 warning signs investors should review. Among 841 Capital Markets companies, Euronext NV ranks better than 97.5% on this metric.

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

Euronext NV has Narrow Moat: Euronext NV benefits from a strong brand and network effects as a leading European stock exchange. It has some regulatory barriers and customer loyalty, but the competitive nature of financial markets limits its moat to narrow.

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 Euronext NV might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Euronext NV  (OTCPK:ERNXY) 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

Euronext NV Moat Score Related Terms

ERNXY vs SPGI, CME, ICE: Moat Score Comparison

For the Financial Data & Stock Exchanges subindustry, Euronext 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.

Euronext NV Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Moat Score distribution charts can be found below:

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


ERNXY
84GF Score
Euronext NV ERNXY
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?
Euronext NV (ERNXY) has a Moat Score of 6 as of Jun. 28, 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, Euronext NV ranks #21 out of 841 companies in the Capital Markets industry, placing it in the top 2.5%.
Is Euronext NV's Moat Score too high?
Euronext NV's current Moat Score is 6. Based on the distribution chart, Euronext NV ranks #21 out of 841 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Euronext NV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Euronext NV's Moat Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext NV ranks #21 out of 841 companies for Moat Score. This places Euronext NV in the top 3% 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 Capital Markets company?
A good Moat Score depends on the Capital Markets 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. Euronext NV'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 Euronext NV stock overvalued right now?
Based on GuruFocus' analysis, Euronext NV (ERNXY) is currently considered Fairly Valued. The stock's GF Value™ is $29.43, compared to a current price of $31.90 — trading 8.4% above its estimated fair value. The current Moat Score is 6. Euronext NV's overall GF Score™ is 84/100 with 4 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 Euronext NV (ERNXY), the current Moat Score is 6 as of Jun. 28, 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 Euronext NV (ERNXY) Overvalued in 2026?

Based on GuruFocus' analysis, Euronext NV stock appears to be overvalued. The current stock price of $31.90 is trading 8.4% above its estimated GF Value™ of $29.43. GuruFocus considers Euronext NV to be Fairly Valued.

Key valuation signals for ERNXY:

  • Moat Score: 6
  • GF Value™: $29.43 vs. price of $31.90 (8.4% above fair value)
  • GF Score™: 84/100 with 4 warning signs

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

Euronext NV Business Description

Address Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.
84GF Score

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

$31.90
Price
$29.43
GF Value