TXNM Energy (FRA:98P) Moat Score: 4/10 (As of Jul. 03, 2026)


FRA:98P TXNM Energy Inc FRA:98P
74 GF Score
Price €49.80
GF Value €39.38
! 13 Warning Signs
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What is TXNM Energy Moat Score?

TXNM Energy FRA:98P +0.40% 74 Moat Score is 4 as of Jul. 03, 2026. GuruFocus rates FRA:98P with a GF Score™ of 74/100 and a GF Value™ of €39.38. The stock has 13 warning signs investors should review. Among 545 Utilities - Regulated companies, TXNM Energy ranks better than 77.98% on this metric.

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

TXNM Energy has Narrow Moat: TXNM Energy Inc has a modest moat due to its market leadership in specific energy sectors and some cost advantages from economies of scale. However, it lacks significant customer switching costs and strong brand loyalty, limiting its moat strength.

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 TXNM Energy might have Narrow Moat - Discernible but modest moat.

TXNM Energy  (FRA:98P) 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

TXNM Energy Moat Score Related Terms

FRA:98P vs POR, NWE, IDA: Moat Score Comparison

For the Utilities - Regulated Electric subindustry, TXNM Energy'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.

TXNM Energy Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TXNM Energy's Moat Score distribution charts can be found below:

* The bar in red indicates where TXNM Energy's Moat Score falls into.


FRA:98P
74GF Score
TXNM Energy Inc FRA:98P
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?
TXNM Energy (FRA:98P) has a Moat Score of 4 as of Jul. 03, 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, TXNM Energy ranks #120 out of 545 companies in the Utilities - Regulated industry, placing it in the top 22%.
Is TXNM Energy's Moat Score too high?
TXNM Energy's current Moat Score is 4. Based on the distribution chart, TXNM Energy ranks #120 out of 545 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, TXNM Energy has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does TXNM Energy's Moat Score compare to POR and NWE?
According to the Utilities - Regulated industry distribution chart, TXNM Energy ranks #120 out of 545 companies for Moat Score. This places TXNM Energy in the top 22% 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 an Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated 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. TXNM Energy'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 TXNM Energy stock overvalued right now?
TXNM Energy (FRA:98P) has a current Moat Score of 4. The stock's GF Value™ is €39.38, compared to a current price of €49.80 — trading 26.5% above its estimated fair value. The current Moat Score is 4. TXNM Energy's overall GF Score™ is 74/100 with 13 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 TXNM Energy (FRA:98P), the current Moat Score is 4 as of Jul. 03, 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 TXNM Energy (FRA:98P) Overvalued in 2026?

Based on GuruFocus' analysis, TXNM Energy stock appears to be overvalued. The current stock price of €49.80 is trading 26.5% above its estimated GF Value™ of €39.38.

Key valuation signals for FRA:98P:

  • Moat Score: 4
  • GF Value™: €39.38 vs. price of €49.80 (26.5% above fair value)
  • GF Score™: 74/100 with 13 warning signs

No single metric tells the full story. See the FRA:98P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TXNM Energy Business Description

Other Exchanges TXNM:USA
Address 414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
74GF Score

Get the complete analysis for FRA:98P

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

€49.80
Price
€39.38
GF Value