The Middleby (FRA:MBY) Moat Score: 6/10 (As of Jul. 02, 2026)


FRA:MBY The Middleby Corp FRA:MBY
84 GF Score
Price €147.00
GF Value €126.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is The Middleby Moat Score?

The Middleby FRA:MBY -1.34% 84 Moat Score is 6 as of Jul. 02, 2026. GuruFocus rates FRA:MBY with a GF Score™ of 84/100 and a GF Value™ of €126.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,041 Industrial Products companies, The Middleby ranks better than 98.95% on this metric.

The Middleby has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

The Middleby has Narrow Moat: The Middleby Corp has a strong narrow moat with durable cost advantages and a robust distribution network. Its brand strength and innovation in commercial kitchen equipment provide a competitive edge, but it faces competition from other established players.

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 The Middleby might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

The Middleby  (FRA:MBY) 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

The Middleby Moat Score Related Terms

FRA:MBY vs NPO, GTES, JBTM: Moat Score Comparison

For the Specialty Industrial Machinery subindustry, The Middleby'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.

The Middleby Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Moat Score distribution charts can be found below:

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


FRA:MBY
84GF Score
The Middleby Corp FRA:MBY
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 6 mean?
The Middleby (FRA:MBY) has a Moat Score of 6 as of Jul. 02, 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, The Middleby ranks #32 out of 3041 companies in the Industrial Products industry, placing it in the top 1.1%.
Is The Middleby's Moat Score too high?
The Middleby's current Moat Score is 6. Based on the distribution chart, The Middleby ranks #32 out of 3041 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, The Middleby has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Moat Score compare to NPO and GTES?
According to the Industrial Products industry distribution chart, The Middleby ranks #32 out of 3041 companies for Moat Score. This places The Middleby 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 an Industrial Products company?
A good Moat Score depends on the Industrial Products 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. The Middleby's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €126.51, compared to a current price of €147.00 — trading 16.2% above its estimated fair value. The current Moat Score is 6. The Middleby's overall GF Score™ is 84/100 with 5 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 The Middleby (FRA:MBY), the current Moat Score is 6 as of Jul. 02, 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 The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of €147.00 is trading 16.2% above its estimated GF Value™ of €126.51. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for FRA:MBY:

  • Moat Score: 6
  • GF Value™: €126.51 vs. price of €147.00 (16.2% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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

The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
84GF Score

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

€147.00
Price
€126.51
GF Value