Aecon Group (FRA:2AE) Moat Score: 4/10 (As of Jul. 02, 2026)


FRA:2AE Aecon Group Inc FRA:2AE
70 GF Score
Price €27.77
GF Value €15.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aecon Group Moat Score?

Aecon Group FRA:2AE +1.28% 70 Moat Score is 4 as of Jul. 02, 2026. GuruFocus rates FRA:2AE with a GF Score™ of 70/100 and a GF Value™ of €15.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,839 Construction companies, Aecon Group ranks better than 95% on this metric.

Aecon Group has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Aecon Group has Narrow Moat: Aecon Group has a discernible but modest moat due to its established presence in the Canadian construction industry and some regulatory barriers. However, it lacks significant market leadership, intellectual property, or cost advantages to strengthen its 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 Aecon Group might have Narrow Moat - Discernible but modest moat.

Aecon Group  (FRA:2AE) 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

Aecon Group Moat Score Related Terms

FRA:2AE vs PWR, FIX, EME: Moat Score Comparison

For the Engineering & Construction subindustry, Aecon 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.

Aecon Group Moat Score vs Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Moat Score distribution charts can be found below:

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


FRA:2AE
70GF Score
Aecon Group Inc FRA:2AE
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 4 mean?
Aecon Group (FRA:2AE) has a Moat Score of 4 as of Jul. 02, 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, Aecon Group ranks #92 out of 1839 companies in the Construction industry, placing it in the top 5%.
Is Aecon Group's Moat Score too high?
Aecon Group's current Moat Score is 4. Based on the distribution chart, Aecon Group ranks #92 out of 1839 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Aecon Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Moat Score compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #92 out of 1839 companies for Moat Score. This places Aecon Group in the top 5% 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 Construction company?
A good Moat Score depends on the Construction 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. Aecon Group's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (FRA:2AE) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.76, compared to a current price of €27.77 — trading 76.2% above its estimated fair value. The current Moat Score is 4. Aecon Group's overall GF Score™ is 70/100 with 5 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 Aecon Group (FRA:2AE), the current Moat Score is 4 as of Jul. 02, 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 Aecon Group (FRA:2AE) Overvalued in 2026?

Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued. The current stock price of €27.77 is trading 76.2% above its estimated GF Value™ of €15.76. GuruFocus considers Aecon Group to be Significantly Overvalued.

Key valuation signals for FRA:2AE:

  • Moat Score: 4
  • GF Value™: €15.76 vs. price of €27.77 (76.2% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the FRA:2AE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aecon Group Business Description

Other Exchanges AEGXF:USAARE:Canada
Address 20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
70GF Score

Get the complete analysis for FRA:2AE

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

€27.77
Price
€15.76
GF Value