Sparebanken More (LTS:0G40) Moat Score: 0/10 (As of Jul. 14, 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.

LTS:0G40 Sparebanken More LTS:0G40
68 GF Score
Price kr111.70
GF Value kr92.71
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Sparebanken More Moat Score?

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

Sparebanken More 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 Sparebanken More might have No Moat - No discernible moat.

Sparebanken More  (LTS:0G40) 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

Sparebanken More Moat Score Related Terms

LTS:0G40
68GF Score
Sparebanken More LTS:0G40
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Sparebanken More (LTS:0G40) Overvalued in 2026?

Based on GuruFocus' analysis, Sparebanken More stock appears to be overvalued. The current stock price of kr111.70 is trading 20.5% above its estimated GF Value™ of kr92.71. GuruFocus considers Sparebanken More to be Modestly Overvalued.

Key valuation signals for LTS:0G40:

  • Moat Score: 0
  • GF Value™: kr92.71 vs. price of kr111.70 (20.5% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the LTS:0G40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sparebanken More Business Description

Other Exchanges MORG:NorwayK5X:Germany
Address Kipervikgata 6, Alesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, savings accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services, as well as the insurance industries. It firm manages its business into three segments: Corporate, Retail, and Real Estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.
68GF Score

Get the complete analysis for LTS:0G40

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

kr111.70
Price
kr92.71
GF Value