ERG SpA (MIL:ERG) Moat Score: 0/10 (As of Jun. 29, 2026)


MIL:ERG ERG SpA MIL:ERG
78 GF Score
Price €23.58
GF Value €24.38
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is ERG SpA Moat Score?

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

ERG SpA 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 ERG SpA might have No Moat - No discernible moat.

ERG SpA  (MIL:ERG) 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

ERG SpA Moat Score Related Terms

MIL:ERG
78GF Score
ERG SpA MIL:ERG
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is ERG SpA (MIL:ERG) Overvalued in 2026?

Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued. The current stock price of €23.58 is trading 3.3% below its estimated GF Value™ of €24.38. GuruFocus considers ERG SpA to be Fairly Valued.

Key valuation signals for MIL:ERG:

  • Moat Score: 0
  • GF Value™: €24.38 vs. price of €23.58 (3.3% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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

ERG SpA Business Description

Other Exchanges ERGm:UK0MHC:UKER9:Germany
Address Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
78GF Score

Get the complete analysis for MIL:ERG

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

€23.58
Price
€24.38
GF Value