Tradeweb Markets (FRA:4T0) Moat Score: 7/10 (As of Jul. 09, 2026)


FRA:4T0 Tradeweb Markets Inc FRA:4T0
93 GF Score
Price €86.52
GF Value €146.13
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Tradeweb Markets Moat Score?

Tradeweb Markets FRA:4T0 -1.86% 93 Moat Score is 7 as of Jul. 09, 2026. GuruFocus rates FRA:4T0 with a GF Score™ of 93/100 and a GF Value™ of €146.13 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 838 Capital Markets companies, Tradeweb Markets ranks better than 98.69% on this metric.

Tradeweb Markets has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Tradeweb Markets has Wide Moat: Tradeweb Markets Inc possesses a wide moat with strong market leadership, significant network effects, and high customer switching costs. The company benefits from durable cost advantages and a superior distribution network, providing clear and durable competitive advantages.

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 Tradeweb Markets might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Tradeweb Markets  (FRA:4T0) 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

Tradeweb Markets Moat Score Related Terms

FRA:4T0 vs LPLA, CRCL, IREN: Moat Score Comparison

For the Capital Markets subindustry, Tradeweb Markets'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.

Tradeweb Markets Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tradeweb Markets's Moat Score distribution charts can be found below:

* The bar in red indicates where Tradeweb Markets's Moat Score falls into.


FRA:4T0
93GF Score
Tradeweb Markets Inc FRA:4T0
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 7 mean?
Tradeweb Markets (FRA:4T0) has a Moat Score of 7 as of Jul. 09, 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, Tradeweb Markets ranks #11 out of 838 companies in the Capital Markets industry, placing it in the top 1.3%.
Is Tradeweb Markets' Moat Score too high?
Tradeweb Markets' current Moat Score is 7. Based on the distribution chart, Tradeweb Markets ranks #11 out of 838 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Tradeweb Markets has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' Moat Score compare to LPLA and CRCL?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #11 out of 838 companies for Moat Score. This places Tradeweb Markets in the top 1% 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 Capital Markets company?
A good Moat Score depends on the Capital Markets 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. Tradeweb Markets's current Moat Score is 7. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradeweb Markets stock overvalued right now?
Based on GuruFocus' analysis, Tradeweb Markets (FRA:4T0) is currently considered Significantly Undervalued. The stock's GF Value™ is €146.13, compared to a current price of €86.52 — trading 40.8% below its estimated fair value. The current Moat Score is 7. Tradeweb Markets' overall GF Score™ is 93/100 with 1 warning sign 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 Tradeweb Markets (FRA:4T0), the current Moat Score is 7 as of Jul. 09, 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 Tradeweb Markets (FRA:4T0) Overvalued in 2026?

Based on GuruFocus' analysis, Tradeweb Markets stock appears to be undervalued. The current stock price of €86.52 is trading 40.8% below its estimated GF Value™ of €146.13. GuruFocus considers Tradeweb Markets to be Significantly Undervalued.

Key valuation signals for FRA:4T0:

  • Moat Score: 7
  • GF Value™: €146.13 vs. price of €86.52 (40.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the FRA:4T0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tradeweb Markets Business Description

Other Exchanges TW:USA
Address 245 Park Avenue, New York, NY, USA, 10167
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
93GF Score

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

€86.52
Price
€146.13
GF Value