Adtran Holdings (FRA:ATN) Moat Score: 4/10 (As of Jul. 04, 2026)


FRA:ATN Adtran Holdings Inc FRA:ATN
66 GF Score
Price €11.20
GF Value €7.89
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Adtran Holdings Moat Score?

Adtran Holdings FRA:ATN -4.97% 66 Moat Score is 4 as of Jul. 04, 2026. GuruFocus rates FRA:ATN with a GF Score™ of 66/100 and a GF Value™ of €7.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,470 Hardware companies, Adtran Holdings ranks better than 94.66% on this metric.

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

Adtran Holdings has Narrow Moat: Adtran Holdings Inc has a discernible but modest moat due to its presence in the telecommunications equipment market. It benefits from some customer switching costs and proprietary technology, but faces significant competition.

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 Adtran Holdings might have Narrow Moat - Discernible but modest moat.

Adtran Holdings  (FRA:ATN) 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

Adtran Holdings Moat Score Related Terms

FRA:ATN vs GILT, FEIM, NTGR: Moat Score Comparison

For the Communication Equipment subindustry, Adtran Holdings'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.

Adtran Holdings Moat Score vs Hardware Industry

For the Hardware industry and Technology sector, Adtran Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where Adtran Holdings's Moat Score falls into.


FRA:ATN
66GF Score
Adtran Holdings Inc FRA:ATN
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?
Adtran Holdings (FRA:ATN) has a Moat Score of 4 as of Jul. 04, 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, Adtran Holdings ranks #132 out of 2470 companies in the Hardware industry, placing it in the top 5.3%.
Is Adtran Holdings' Moat Score too high?
Adtran Holdings' current Moat Score is 4. Based on the distribution chart, Adtran Holdings ranks #132 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Adtran Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adtran Holdings' Moat Score compare to GILT and FEIM?
According to the Hardware industry distribution chart, Adtran Holdings ranks #132 out of 2470 companies for Moat Score. This places Adtran Holdings 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 Hardware company?
A good Moat Score depends on the Hardware 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. Adtran Holdings'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 Adtran Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adtran Holdings (FRA:ATN) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.89, compared to a current price of €11.20 — trading 42% above its estimated fair value. The current Moat Score is 4. Adtran Holdings' overall GF Score™ is 66/100 with 6 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 Adtran Holdings (FRA:ATN), the current Moat Score is 4 as of Jul. 04, 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 Adtran Holdings (FRA:ATN) Overvalued in 2026?

Based on GuruFocus' analysis, Adtran Holdings stock appears to be overvalued. The current stock price of €11.20 is trading 42% above its estimated GF Value™ of €7.89. GuruFocus considers Adtran Holdings to be Significantly Overvalued.

Key valuation signals for FRA:ATN:

  • Moat Score: 4
  • GF Value™: €7.89 vs. price of €11.20 (42% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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

Adtran Holdings Business Description

Address 901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions segment, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support segment, which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions. It generates the majority of its revenue from the Network Solutions segment.
66GF Score

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

€11.20
Price
€7.89
GF Value