Karnov Group AB (FRA:3UA) Moat Score: 0/10 (As of Jul. 15, 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:3UA Karnov Group AB FRA:3UA
77 GF Score
Price €6.26
GF Value €7.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Karnov Group AB Moat Score?

Karnov Group AB has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Karnov Group AB 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 Karnov Group AB might have No Moat - No discernible moat.

Karnov Group AB  (FRA:3UA) 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

Karnov Group AB Moat Score Related Terms

FRA:3UA
77GF Score
Karnov Group AB FRA:3UA
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Karnov Group AB (FRA:3UA) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of €6.26 is trading 16.8% below its estimated GF Value™ of €7.52. GuruFocus considers Karnov Group AB to be Modestly Undervalued.

Key valuation signals for FRA:3UA:

  • Moat Score: 0
  • GF Value™: €7.52 vs. price of €6.26 (16.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the FRA:3UA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Karnov Group AB Business Description

Other Exchanges KAR:SwedenKARs:UK0A39:UK
Address Flemminggatan 14, Stockholm, SWE, 112 26
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
77GF Score

Get the complete analysis for FRA:3UA

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

€6.26
Price
€7.52
GF Value