Birkenstock Holding (HAM:7PV) Moat Score: 6/10 (As of Jul. 06, 2026)


HAM:7PV Birkenstock Holding PLC HAM:7PV
65 GF Score
Price €39.85
GF Value €58.65
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Birkenstock Holding Moat Score?

Birkenstock Holding HAM:7PV +1.92% 65 Moat Score is 6 as of Jul. 06, 2026. GuruFocus rates HAM:7PV with a GF Score™ of 65/100 and a GF Value™ of €58.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,139 Manufacturing - Apparel & Accessories companies, Birkenstock Holding ranks better than 99.39% on this metric.

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

Birkenstock Holding has Narrow Moat: Birkenstock benefits from strong brand strength and customer loyalty, with a recognizable product line. Its durable cost advantages and brand-driven pricing power support a strong narrow moat, though it lacks the scale or network effects for a wide moat.

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 Birkenstock Holding might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Birkenstock Holding  (HAM:7PV) 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

Birkenstock Holding Moat Score Related Terms

HAM:7PV vs CROX, ONON, SHOO: Moat Score Comparison

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding Moat Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Moat Score distribution charts can be found below:

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


HAM:7PV
65GF Score
Birkenstock Holding PLC HAM:7PV
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?
Birkenstock Holding (HAM:7PV) has a Moat Score of 6 as of Jul. 06, 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, Birkenstock Holding ranks #7 out of 1139 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.59999999999999%.
Is Birkenstock Holding's Moat Score too high?
Birkenstock Holding's current Moat Score is 6. Based on the distribution chart, Birkenstock Holding ranks #7 out of 1139 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Birkenstock Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Birkenstock Holding's Moat Score compare to CROX and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Birkenstock Holding ranks #7 out of 1139 companies for Moat Score. This places Birkenstock Holding 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 a Manufacturing - Apparel & Accessories company?
A good Moat Score depends on the Manufacturing - Apparel & Accessories 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. Birkenstock Holding'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 Birkenstock Holding stock overvalued right now?
Based on GuruFocus' analysis, Birkenstock Holding (HAM:7PV) is currently considered Significantly Undervalued. The stock's GF Value™ is €58.65, compared to a current price of €39.85 — trading 32.1% below its estimated fair value. The current Moat Score is 6. Birkenstock Holding's overall GF Score™ is 65/100 with 2 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 Birkenstock Holding (HAM:7PV), the current Moat Score is 6 as of Jul. 06, 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 Birkenstock Holding (HAM:7PV) Overvalued in 2026?

Based on GuruFocus' analysis, Birkenstock Holding stock appears to be undervalued. The current stock price of €39.85 is trading 32.1% below its estimated GF Value™ of €58.65. GuruFocus considers Birkenstock Holding to be Significantly Undervalued.

Key valuation signals for HAM:7PV:

  • Moat Score: 6
  • GF Value™: €58.65 vs. price of €39.85 (32.1% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the HAM:7PV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Birkenstock Holding Business Description

Address 1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock is a German footwear brand known for comfort-focused, timeless designs, with 76% of 2022 sales coming from its top five iconic models. Products are made in Europe using sustainable, mostly locally sourced materials. The brand combines orthopedic function with everyday style, appealing to a broad audience. The Americas account for 52% of sales, EMEA 37%, with the remainder coming from Asia-Pacific, which has also the higher future growth expectations.
65GF Score

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

€39.85
Price
€58.65
GF Value