Plus500 (LSE:PLUS) Moat Score: 5/10 (As of Jun. 30, 2026)


LSE:PLUS Plus500 Ltd LSE:PLUS
74 GF Score
Price £47.32
GF Value £28.44
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Plus500 Moat Score?

Plus500 LSE:PLUS +1.02% 74 Moat Score is 5 as of Jun. 30, 2026. GuruFocus rates LSE:PLUS with a GF Score™ of 74/100 and a GF Value™ of £28.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 841 Capital Markets companies, Plus500 ranks better than 95.36% on this metric.

Plus500 has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Plus500 has Narrow Moat: Plus500 Ltd has a solid narrow moat due to its strong brand in the online trading platform market and moderate customer switching costs. The company benefits from economies of scale and a robust distribution network. However, it lacks significant regulatory barriers and exclusive licenses, limiting its moat to a narrow category.

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 Plus500 might have Narrow Moat - Solid narrow moat.

Plus500  (LSE:PLUS) 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

Plus500 Moat Score Related Terms

LSE:PLUS vs MS, GS, SCHW: Moat Score Comparison

For the Capital Markets subindustry, Plus500'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.

Plus500 Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Plus500's Moat Score distribution charts can be found below:

* The bar in red indicates where Plus500's Moat Score falls into.


LSE:PLUS
74GF Score
Plus500 Ltd LSE:PLUS
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?
Plus500 (LSE:PLUS) has a Moat Score of 5 as of Jun. 30, 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, Plus500 ranks #39 out of 841 companies in the Capital Markets industry, placing it in the top 4.6%.
Is Plus500's Moat Score too high?
Plus500's current Moat Score is 5. Based on the distribution chart, Plus500 ranks #39 out of 841 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Plus500 has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plus500's Moat Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Plus500 ranks #39 out of 841 companies for Moat Score. This places Plus500 in the top 5% 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 Capital Markets company?
A good Moat Score depends on the Capital Markets 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. Plus500'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 Plus500 stock overvalued right now?
Based on GuruFocus' analysis, Plus500 (LSE:PLUS) is currently considered Significantly Overvalued. The stock's GF Value™ is £28.44, compared to a current price of £47.32 — trading 66.4% above its estimated fair value. The current Moat Score is 5. Plus500's overall GF Score™ is 74/100 with 8 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 Plus500 (LSE:PLUS), the current Moat Score is 5 as of Jun. 30, 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 Plus500 (LSE:PLUS) Overvalued in 2026?

Based on GuruFocus' analysis, Plus500 stock appears to be overvalued. The current stock price of £47.32 is trading 66.4% above its estimated GF Value™ of £28.44. GuruFocus considers Plus500 to be Significantly Overvalued.

Key valuation signals for LSE:PLUS:

  • Moat Score: 5
  • GF Value™: £28.44 vs. price of £47.32 (66.4% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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

Plus500 Business Description

Address Matam, Building 10.2, Haifa, ISR, 3115001
Plus500 Ltd is a multi-asset fintech group operating proprietary technology-based trading platforms. It offers customers a range of trading products, including OTC, share dealing, as well as futures and options on futures. The company's revenue comprises trading income and interest income. Geographically, it derives revenue from the European Economic Area, the United Kingdom, Australia, and the rest of the world.
74GF Score

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£47.32
Price
£28.44
GF Value