Piquadro SpA (FRA:4LZ) Moat Score: 0/10 (As of Aug. 11, 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:4LZ Piquadro SpA FRA:4LZ
70 GF Score
Price €2.68
GF Value €2.19
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Piquadro SpA Moat Score?

Piquadro SpA has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Piquadro SpA 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 Piquadro SpA might have No Moat - No discernible moat.

Piquadro SpA  (FRA:4LZ) 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

Piquadro SpA Moat Score Related Terms

FRA:4LZ
70GF Score
Piquadro SpA FRA:4LZ
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Piquadro SpA (FRA:4LZ) Overvalued in 2026?

Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued. The current stock price of €2.68 is trading 22.4% above its estimated GF Value™ of €2.19. GuruFocus considers Piquadro SpA to be Modestly Overvalued.

Key valuation signals for FRA:4LZ:

  • Moat Score: 0
  • GF Value™: €2.19 vs. price of €2.68 (22.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the FRA:4LZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Piquadro SpA Business Description

Other Exchanges PQ:Italy0HPP:UK
Address Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
70GF Score

Get the complete analysis for FRA:4LZ

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

€2.68
Price
€2.19
GF Value