Ocado Group (LSE:OCDO) Moat Score: 5/10 (As of Jul. 05, 2026)


LSE:OCDO Ocado Group PLC LSE:OCDO
48 GF Score
Price £1.84
GF Value £3.36
Valuation Possible Value Trap
! 6 Warning Signs
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What is Ocado Group Moat Score?

Ocado Group LSE:OCDO -0.27% 48 Moat Score is 5 as of Jul. 05, 2026. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £3.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 315 Retail - Defensive companies, Ocado Group ranks better than 92.06% on this metric.

Ocado Group has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Ocado Group has Narrow Moat: Ocado Group has a solid narrow moat due to its proprietary technology in automated grocery fulfillment and strong partnerships with major retailers. While it benefits from some network effects and innovation, the competitive landscape and lack of significant customer switching costs limit its moat to narrow.

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 Ocado Group might have Narrow Moat - Solid narrow moat.

Ocado Group  (LSE:OCDO) 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

Ocado Group Moat Score Related Terms

LSE:OCDO vs KR, SFM: Moat Score Comparison

For the Grocery Stores subindustry, Ocado Group'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.

Ocado Group Moat Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Moat Score distribution charts can be found below:

* The bar in red indicates where Ocado Group's Moat Score falls into.


LSE:OCDO
48GF Score
Ocado Group PLC LSE:OCDO
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 5 mean?
Ocado Group (LSE:OCDO) has a Moat Score of 5 as of Jul. 05, 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, Ocado Group ranks #25 out of 315 companies in the Retail - Defensive industry, placing it in the top 7.9%.
Is Ocado Group's Moat Score too high?
Ocado Group's current Moat Score is 5. Based on the distribution chart, Ocado Group ranks #25 out of 315 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's Moat Score compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #25 out of 315 companies for Moat Score. This places Ocado Group in the top 8% 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 Retail - Defensive company?
A good Moat Score depends on the Retail - Defensive 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. Ocado Group's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.36, compared to a current price of £1.84 — trading 45.3% below its estimated fair value. The current Moat Score is 5. Ocado Group's overall GF Score™ is 48/100 with 6 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 Ocado Group (LSE:OCDO), the current Moat Score is 5 as of Jul. 05, 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 Ocado Group (LSE:OCDO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued. The current stock price of £1.84 is trading 45.3% below its estimated GF Value™ of £3.36. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • Moat Score: 5
  • GF Value™: £3.36 vs. price of £1.84 (45.3% below fair value)
  • GF Score™: 48/100 with 6 warning signs

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

Ocado Group Business Description

Address Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
48GF Score

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

£1.84
Price
£3.36
GF Value