Ernst Russ AG (HAM:ERAG) Moat Score: 0/10 (As of Jul. 22, 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.
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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.

HAM:ERAG Ernst Russ AG HAM:ERAG
82 GF Score
Price €7.72
GF Value €4.96
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ernst Russ AG Moat Score?

Ernst Russ AG has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Ernst Russ 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 Ernst Russ AG might have No Moat - No discernible moat.

Ernst Russ AG  (HAM:ERAG) 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

Ernst Russ AG Moat Score Related Terms

HAM:ERAG
82GF Score
Ernst Russ AG HAM:ERAG
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Ernst Russ AG (HAM:ERAG) Overvalued in 2026?

Based on GuruFocus' analysis, Ernst Russ AG stock appears to be overvalued. The current stock price of €7.72 is trading 55.6% above its estimated GF Value™ of €4.96. GuruFocus considers Ernst Russ AG to be Significantly Overvalued.

Key valuation signals for HAM:ERAG:

  • Moat Score: 0
  • GF Value™: €4.96 vs. price of €7.72 (55.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs

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

Ernst Russ AG Business Description

Other Exchanges ERAG:Germany
Address Elbchaussee 370, Hamburg, DEU, 22609
Ernst Russ AG is a principal investment firm specializing in fund-of-fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its behalf and behalf of third parties. The Asset Classes, life insurance, secondary market, and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
82GF Score

Get the complete analysis for HAM:ERAG

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

€7.72
Price
€4.96
GF Value