BHP Group (FRA:BHP) Moat Score: 8/10 (As of Jul. 07, 2026)


FRA:BHP BHP Group Ltd FRA:BHP
76 GF Score
Price €73.00
GF Value €51.86
Valuation Significantly Overvalued
! 7 Warning Signs
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What is BHP Group Moat Score?

BHP Group FRA:BHP +1.39% 76 Moat Score is 8 as of Jul. 07, 2026. GuruFocus rates FRA:BHP with a GF Score™ of 76/100 and a GF Value™ of €51.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,607 Metals & Mining companies, BHP Group ranks better than 99.96% on this metric.

BHP Group has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

BHP Group has Wide Moat: BHP Group Ltd benefits from significant economies of scale, strong brand recognition, and substantial market leadership in the mining industry. The company has durable cost advantages due to its large-scale operations and access to high-quality resources. BHP's regulatory expertise and global distribution network further solidify its competitive position.

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 BHP Group might have Wide Moat - Clear and robust wide moat.

BHP Group  (FRA:BHP) 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

BHP Group Moat Score Related Terms

BHP Group Moat Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group'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.

BHP Group Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Moat Score distribution charts can be found below:

* The bar in red indicates where BHP Group's Moat Score falls into.


FRA:BHP
76GF Score
BHP Group Ltd FRA:BHP
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 8 mean?
BHP Group (FRA:BHP) has a Moat Score of 8 as of Jul. 07, 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, BHP Group ranks #1 out of 2607 companies in the Metals & Mining industry, placing it in the top 0%.
Is BHP Group's Moat Score too high?
BHP Group's current Moat Score is 8. The Metals & Mining industry median Moat Score is 1.00. BHP Group's value of 8 is 700% above this industry median. Based on the distribution chart, BHP Group ranks #1 out of 2607 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, BHP Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Moat Score compare to competitors?
According to the Metals & Mining industry distribution chart, BHP Group ranks #1 out of 2607 companies for Moat Score. This places BHP Group in the top 0% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. BHP Group's value of 8 is 700% above this benchmark. 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 Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,607 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BHP Group's current Moat Score of 8 is 700% above the industry median. 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. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHP Group's current Moat Score is 8. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHP Group stock overvalued right now?
Based on GuruFocus' analysis, BHP Group (FRA:BHP) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.86, compared to a current price of €73.00 — trading 40.8% above its estimated fair value. The current Moat Score is 8 and 700% above the Metals & Mining industry median of 1.00. BHP Group's overall GF Score™ is 76/100 with 7 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 BHP Group (FRA:BHP), the current Moat Score is 8 as of Jul. 07, 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 BHP Group (FRA:BHP) Overvalued in 2026?

Based on GuruFocus' analysis, BHP Group stock appears to be overvalued. The current stock price of €73.00 is trading 40.8% above its estimated GF Value™ of €51.86. GuruFocus considers BHP Group to be Significantly Overvalued.

Key valuation signals for FRA:BHP:

  • Moat Score: 8
  • GF Value™: €51.86 vs. price of €73.00 (40.8% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 700% above the Metals & Mining median (#1 of 2607)

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

BHP Group Business Description

Address 171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuna copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
76GF Score

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€73.00
Price
€51.86
GF Value