FIGP (Forge Group) Moat Score: 2/10 (As of Jul. 30, 2026)

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FIGP Forge Group Inc FIGP
18 GF Score
Price $20.70
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What is Forge Group Moat Score?

Forge Group FIGP -5.91% 18 Moat Score is 2 as of Jul. 30, 2026. GuruFocus rates FIGP with a GF Score™ of 18/100. Among 594 Insurance companies, Forge Group ranks better than 69.53% on this metric.

Forge Group has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Forge Group has No Moat: Forge Group Inc lacks discernible competitive advantages. It does not possess strong brand strength, intellectual property, or significant regulatory barriers, resulting in a very weak 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 Forge Group might have No Moat - Very weak/transient advantages.

Forge Group  (OTCPK:FIGP) 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

Forge Group Moat Score Related Terms

FIGP vs PRHI, CB, PGR: Moat Score Comparison

For the Insurance - Property & Casualty subindustry, Forge Group'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.

Forge Group Moat Score vs Insurance Industry

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

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


FIGP
18GF Score
Forge Group Inc FIGP
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 2 mean?
Forge Group (FIGP) has a Moat Score of 2 as of Jul. 30, 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, Forge Group ranks #181 out of 594 companies in the Insurance industry, placing it in the top 30.5%.
Is Forge Group's Moat Score too high?
Forge Group's current Moat Score is 2. Based on the distribution chart, Forge Group ranks #181 out of 594 companies in the Insurance industry, which is above the industry midpoint. Overall, Forge Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forge Group's Moat Score compare to PRHI and CB?
According to the Insurance industry distribution chart, Forge Group ranks #181 out of 594 companies for Moat Score. This puts Forge Group in the upper half of its industry. 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. Forge Group's current Moat Score is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Group stock overvalued right now?
Forge Group (FIGP) has a current Moat Score of 2. The current Moat Score is 2. Forge Group's overall GF Score™ is 18/100. 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 Forge Group (FIGP), the current Moat Score is 2 as of Jul. 30, 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.

Forge Group Business Description

Address 7910 Woodmont Avenue, Suite 925, Bethesda, MD, USA, 20814
Forge Group Inc operates as a specialist commercial automobile insurance business. It provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments. Geographically, operations of the company are concentrated in USA regions.
18GF Score

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

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