Spur (JSE:SUR) Moat Score: 0/10 (As of Jul. 20, 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.

JSE:SUR Spur Corp Ltd JSE:SUR
89 GF Score
Price R40.99
GF Value R40.70
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Spur Moat Score?

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

Spur 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 Spur might have No Moat - No discernible moat.

Spur  (JSE:SUR) 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

Spur Moat Score Related Terms

JSE:SUR
89GF Score
Spur Corp Ltd JSE:SUR
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Spur (JSE:SUR) Overvalued in 2026?

Based on GuruFocus' analysis, Spur stock appears to be overvalued. The current stock price of R40.99 is trading 0.7% above its estimated GF Value™ of R40.70. GuruFocus considers Spur to be Fairly Valued.

Key valuation signals for JSE:SUR:

  • Moat Score: 0
  • GF Value™: R40.70 vs. price of R40.99 (0.7% above fair value)
  • GF Score™: 89/100 with 9 warning signs

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

Spur Business Description

Address 14 Edison Way, Century Gate Business Park, Century City, Cape Town, WC, ZAF, 7441
Spur Corp Ltd is a South African multi-brand restaurant franchisor. The group operates as franchisor for the Spur Steak Ranches, Panarottis Pizza Pasta, John Dory's Fish Grill Sushi, The Hussar Grill, RocoMamas (including RocoGo), Casa Bella, Nikos, Doppio Zero and Piza e Vino brands. The company's segment includes South Africa and International segment. South Africa segment include: Franchise, Manufacturing and distribution, Retail company stores, Marketing and Other. International segment include Australasia, Rest of Africa and Middle East and Marketing. Key revenue is generated from South Africa segment.
89GF Score

Get the complete analysis for JSE:SUR

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

R40.99
Price
R40.70
GF Value