SMIT Holdings (HKSE:02239) Moat Score: 0/10 (As of Aug. 25, 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.

HKSE:02239 SMIT Holdings Ltd HKSE:02239
40 GF Score
Price HK$1.40
GF Value HK$0.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SMIT Holdings Moat Score?

SMIT Holdings has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

SMIT Holdings 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 SMIT Holdings might have No Moat - No discernible moat.

SMIT Holdings  (HKSE:02239) 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

SMIT Holdings Moat Score Related Terms

HKSE:02239
40GF Score
SMIT Holdings Ltd HKSE:02239
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is SMIT Holdings (HKSE:02239) Overvalued in 2026?

Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued. The current stock price of HK$1.40 is trading 70.7% above its estimated GF Value™ of HK$0.82. GuruFocus considers SMIT Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02239:

  • Moat Score: 0
  • GF Value™: HK$0.82 vs. price of HK$1.40 (70.7% above fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SMIT Holdings Business Description

Address 26 Harbour Road, Room 4202-04, 42nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
40GF Score

Get the complete analysis for HKSE:02239

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

HK$1.40
Price
HK$0.82
GF Value