Snam SpA (MEX:SRGS N) Moat Score: 6/10 (As of Jun. 25, 2026)


MEX:SRGS N Snam SpA MEX:SRGS N
69 GF Score
Price MXN86.11
GF Value MXN66.28
! 10 Warning Signs
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What is Snam SpA Moat Score?

Snam SpA MEX:SRGS N 69 Moat Score is 6 as of Jun. 25, 2026. GuruFocus rates MEX:SRGS N with a GF Score™ of 69/100 and a GF Value™ of MXN66.28. The stock has 10 warning signs investors should review. Among 546 Utilities - Regulated companies, Snam SpA ranks better than 93.04% on this metric.

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

Snam SpA has Narrow Moat: Snam SpA benefits from significant regulatory barriers and exclusive licenses in the energy infrastructure sector. It has a strong distribution network and economies of scale, but lacks significant brand strength or network effects to justify 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 Snam SpA might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Snam SpA  (MEX:SRGS N) 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

Snam SpA Moat Score Related Terms

MEX:SRGS N vs ATO, NI, UGI: Moat Score Comparison

For the Utilities - Regulated Gas subindustry, Snam 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.

Snam SpA Moat Score vs Utilities - Regulated Industry

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

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


MEX:SRGS N
69GF Score
Snam SpA MEX:SRGS N
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?
Snam SpA (MEX:SRGS N) has a Moat Score of 6 as of Jun. 25, 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, Snam SpA ranks #38 out of 546 companies in the Utilities - Regulated industry, placing it in the top 7%.
Is Snam SpA's Moat Score too high?
Snam SpA's current Moat Score is 6. Based on the distribution chart, Snam 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, Snam SpA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Snam SpA's Moat Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Snam SpA ranks #38 out of 546 companies for Moat Score. This places Snam 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. Snam 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 Snam SpA stock overvalued right now?
Snam SpA (MEX:SRGS N) has a current Moat Score of 6. The stock's GF Value™ is MXN66.28, compared to a current price of MXN86.11 — trading 29.9% above its estimated fair value. The current Moat Score is 6. Snam SpA's overall GF Score™ is 69/100 with 10 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 Snam SpA (MEX:SRGS N), the current Moat Score is 6 as of Jun. 25, 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 Snam SpA (MEX:SRGS N) Overvalued in 2026?

Based on GuruFocus' analysis, Snam SpA stock appears to be overvalued. The current stock price of MXN86.11 is trading 29.9% above its estimated GF Value™ of MXN66.28.

Key valuation signals for MEX:SRGS N:

  • Moat Score: 6
  • GF Value™: MXN66.28 vs. price of MXN86.11 (29.9% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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

Snam SpA Business Description

Address Via Vezza d\'Oglio 6, Symbiosis, Porta Romana district, Milan, ITA, 20139
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17% of European gas storage capacity and 18.1 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
69GF Score

Get the complete analysis for MEX:SRGS N

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

MXN86.11
Price
MXN66.28
GF Value