Tick Trading Software AG (FRA:TBX0) Moat Score: 0/10 (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TBX0 Tick Trading Software AG FRA:TBX0
78 GF Score
Price €7.25
GF Value €8.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tick Trading Software AG Moat Score?

Tick Trading Software AG has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Tick Trading Software AG has

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 Tick Trading Software AG might have No Moat - No discernible moat.

Tick Trading Software AG  (FRA:TBX0) 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

Tick Trading Software AG Moat Score Related Terms

FRA:TBX0
78GF Score
Tick Trading Software AG FRA:TBX0
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?

Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued. The current stock price of €7.25 is trading 11.2% below its estimated GF Value™ of €8.16. GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.

Key valuation signals for FRA:TBX0:

  • Moat Score: 0
  • GF Value™: €8.16 vs. price of €7.25 (11.2% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tick Trading Software AG Business Description

Other Exchanges TBX0:Germany
Address Berliner Allee 59, Dusseldorf,, NW, DEU, 40212
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
78GF Score

Get the complete analysis for FRA:TBX0

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

€7.25
Price
€8.16
GF Value