Bulgarian Stock Exchange AD (FRA:0KP) Moat Score: 0/10 (As of Jul. 30, 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.
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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.

FRA:0KP Bulgarian Stock Exchange AD FRA:0KP
59 GF Score
Price €7.00
GF Value €9.93
Valuation Possible Value Trap
! 7 Warning Signs
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What is Bulgarian Stock Exchange AD Moat Score?

Bulgarian Stock Exchange AD has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Bulgarian Stock Exchange AD has

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 Bulgarian Stock Exchange AD might have No Moat - No discernible moat.

Bulgarian Stock Exchange AD  (FRA:0KP) 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

Bulgarian Stock Exchange AD Moat Score Related Terms

FRA:0KP
59GF Score
Bulgarian Stock Exchange AD FRA:0KP
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Bulgarian Stock Exchange AD (FRA:0KP) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian Stock Exchange AD stock appears to be undervalued. The current stock price of €7.00 is trading 29.5% below its estimated GF Value™ of €9.93. GuruFocus considers Bulgarian Stock Exchange AD to be Possible Value Trap.

Key valuation signals for FRA:0KP:

  • Moat Score: 0
  • GF Value™: €9.93 vs. price of €7.00 (29.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the FRA:0KP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bulgarian Stock Exchange AD Business Description

Other Exchanges BSE:Bulgaria
Address 6 Tri ushi Street, Sofia, BGR, 1301
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.
59GF Score

Get the complete analysis for FRA:0KP

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

€7.00
Price
€9.93
GF Value