Azimut Holding SpA (MIL:AZM) Moat Score: 5/10 (As of Jul. 05, 2026)


MIL:AZM Azimut Holding SpA MIL:AZM
81 GF Score
Price €36.37
GF Value €28.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azimut Holding SpA Moat Score?

Azimut Holding SpA MIL:AZM -0.52% 81 Moat Score is 5 as of Jul. 05, 2026. GuruFocus rates MIL:AZM with a GF Score™ of 81/100 and a GF Value™ of €28.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,698 Asset Management companies, Azimut Holding SpA ranks better than 98.06% on this metric.

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

Azimut Holding SpA has Narrow Moat: Azimut Holding has a solid narrow moat due to its established brand and customer loyalty in the asset management industry. It benefits from economies of scale and a strong distribution network, but lacks significant regulatory barriers or unique intellectual property.

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 Azimut Holding SpA might have Narrow Moat - Solid narrow moat.

Azimut Holding SpA  (MIL:AZM) 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

Azimut Holding SpA Moat Score Related Terms

MIL:AZM vs BLK, BX, KKR: Moat Score Comparison

For the Asset Management subindustry, Azimut Holding 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.

Azimut Holding SpA Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SpA's Moat Score distribution charts can be found below:

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


MIL:AZM
81GF Score
Azimut Holding SpA MIL:AZM
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?
Azimut Holding SpA (MIL:AZM) 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, Azimut Holding SpA ranks #33 out of 1698 companies in the Asset Management industry, placing it in the top 1.9%.
Is Azimut Holding SpA's Moat Score too high?
Azimut Holding SpA's current Moat Score is 5. Based on the distribution chart, Azimut Holding SpA ranks #33 out of 1698 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Azimut Holding SpA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Holding SpA's Moat Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Azimut Holding SpA ranks #33 out of 1698 companies for Moat Score. This places Azimut Holding SpA in the top 2% 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 Asset Management company?
A good Moat Score depends on the Asset Management 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. Azimut Holding SpA'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 Azimut Holding SpA stock overvalued right now?
Based on GuruFocus' analysis, Azimut Holding SpA (MIL:AZM) is currently considered Modestly Overvalued. The stock's GF Value™ is €28.51, compared to a current price of €36.37 — trading 27.6% above its estimated fair value. The current Moat Score is 5. Azimut Holding SpA's overall GF Score™ is 81/100 with 5 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 Azimut Holding SpA (MIL:AZM), 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 Azimut Holding SpA (MIL:AZM) Overvalued in 2026?

Based on GuruFocus' analysis, Azimut Holding SpA stock appears to be overvalued. The current stock price of €36.37 is trading 27.6% above its estimated GF Value™ of €28.51. GuruFocus considers Azimut Holding SpA to be Modestly Overvalued.

Key valuation signals for MIL:AZM:

  • Moat Score: 5
  • GF Value™: €28.51 vs. price of €36.37 (27.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs

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

Azimut Holding SpA Business Description

Address Via Cusani 4, Milan, ITA, 20121
Azimut Holding SpA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.
81GF Score

Get the complete analysis for MIL:AZM

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

€36.37
Price
€28.51
GF Value