IRDEF (Iren SpA) Moat Score: 6/10 (As of Jun. 28, 2026)


IRDEF Iren SpA IRDEF
76 GF Score
Price $2.61
GF Value $2.27
! 3 Warning Signs
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What is Iren SpA Moat Score?

Iren SpA IRDEF -20.91% 76 Moat Score is 6 as of Jun. 28, 2026. GuruFocus rates IRDEF with a GF Score™ of 76/100 and a GF Value™ of $2.27. The stock has 3 warning signs investors should review. Among 546 Utilities - Regulated companies, Iren SpA ranks better than 93.04% on this metric.

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

Iren SpA has Narrow Moat: Iren SpA has a strong narrow moat due to its significant market share and regulatory barriers in the utility sector. The company benefits from economies of scale and a strong distribution network, but lacks the network effects or pricing power 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 Iren SpA might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Iren SpA  (OTCPK:IRDEF) 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

Iren SpA Moat Score Related Terms

IRDEF vs SRE: Moat Score Comparison

For the Utilities - Diversified subindustry, Iren SpA'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.

Iren SpA Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iren SpA's Moat Score distribution charts can be found below:

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


IRDEF
76GF Score
Iren SpA IRDEF
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?
Iren SpA (IRDEF) has a Moat Score of 6 as of Jun. 28, 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, Iren SpA ranks #38 out of 546 companies in the Utilities - Regulated industry, placing it in the top 7%.
Is Iren SpA's Moat Score too high?
Iren SpA's current Moat Score is 6. Based on the distribution chart, Iren SpA ranks #38 out of 546 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Iren SpA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Moat Score compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #38 out of 546 companies for Moat Score. This places Iren SpA in the top 7% 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 Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated 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. Iren SpA'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 Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Moat Score of 6. The stock's GF Value™ is $2.27, compared to a current price of $2.61 — trading 15% above its estimated fair value. The current Moat Score is 6. Iren SpA's overall GF Score™ is 76/100 with 3 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 Iren SpA (IRDEF), the current Moat Score is 6 as of Jun. 28, 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 15% above its estimated GF Value™ of $2.27.

Key valuation signals for IRDEF:

  • Moat Score: 6
  • GF Value™: $2.27 vs. price of $2.61 (15% above fair value)
  • GF Score™: 76/100 with 3 warning signs

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

Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
76GF Score

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

$2.61
Price
$2.27
GF Value