West Japan Railway Co (NGO:9021) Moat Score: 6/10 (As of Jul. 17, 2026)

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NGO:9021 West Japan Railway Co NGO:9021
64 GF Score
Price 円2,501.00
GF Value 円3,060.72
! 3 Warning Signs
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What is West Japan Railway Co Moat Score?

West Japan Railway Co NGO:9021 64 Moat Score is 6 as of Jul. 17, 2026. GuruFocus rates NGO:9021 with a GF Score™ of 64/100 and a GF Value™ of 円3,060.72. The stock has 3 warning signs investors should review. Among 1,057 Transportation companies, West Japan Railway Co ranks better than 97.73% on this metric.

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

West Japan Railway Co has Narrow Moat: West Japan Railway has a strong narrow moat due to its established infrastructure and regulatory barriers in the railway industry. It benefits from a superior distribution network and customer loyalty. However, its pricing power is limited by regulatory constraints, preventing a wide moat classification.

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 West Japan Railway Co might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

West Japan Railway Co  (NGO:9021) 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

West Japan Railway Co Moat Score Related Terms

NGO:9021 vs UNP, CSX, NSC: Moat Score Comparison

For the Railroads subindustry, West Japan Railway Co'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.

West Japan Railway Co Moat Score vs Transportation Industry

For the Transportation industry and Industrials sector, West Japan Railway Co's Moat Score distribution charts can be found below:

* The bar in red indicates where West Japan Railway Co's Moat Score falls into.


NGO:9021
64GF Score
West Japan Railway Co NGO:9021
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?
West Japan Railway Co (NGO:9021) has a Moat Score of 6 as of Jul. 17, 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, West Japan Railway Co ranks #24 out of 1057 companies in the Transportation industry, placing it in the top 2.3%.
Is West Japan Railway Co's Moat Score too high?
West Japan Railway Co's current Moat Score is 6. Based on the distribution chart, West Japan Railway Co ranks #24 out of 1057 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, West Japan Railway Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does West Japan Railway Co's Moat Score compare to UNP and CSX?
According to the Transportation industry distribution chart, West Japan Railway Co ranks #24 out of 1057 companies for Moat Score. This places West Japan Railway Co 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 a Transportation company?
A good Moat Score depends on the Transportation 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. West Japan Railway Co'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 West Japan Railway Co stock overvalued right now?
West Japan Railway Co (NGO:9021) has a current Moat Score of 6. The stock's GF Value™ is 円3,060.72, compared to a current price of 円2,501.00 — trading 18.3% below its estimated fair value. The current Moat Score is 6. West Japan Railway Co's overall GF Score™ is 64/100 with 3 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 West Japan Railway Co (NGO:9021), the current Moat Score is 6 as of Jul. 17, 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 West Japan Railway Co (NGO:9021) Overvalued in 2026?

Based on GuruFocus' analysis, West Japan Railway Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 18.3% below its estimated GF Value™ of 円3,060.72.

Key valuation signals for NGO:9021:

  • Moat Score: 6
  • GF Value™: 円3,060.72 vs. price of 円2,501.00 (18.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the NGO:9021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

West Japan Railway Co Business Description

Address 2-4-24 Shibata, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
64GF Score

Get the complete analysis for NGO:9021

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

円2,501.00
Price
円3,060.72
GF Value