NKSH (National Bankshares) Moat Score: 4/10 (As of Jul. 01, 2026)


NKSH National Bankshares Inc NKSH
64 GF Score
Price $36.39
GF Value $33.12
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is National Bankshares Moat Score?

National Bankshares NKSH -1.06% 64 Moat Score is 4 as of Jul. 01, 2026. GuruFocus rates NKSH with a GF Score™ of 64/100 and a GF Value™ of $33.12 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,613 Banks companies, National Bankshares ranks better than 86.24% on this metric.

National Bankshares has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

National Bankshares has Narrow Moat: National Bankshares Inc has a discernible but modest moat due to its regional market presence and customer relationships. However, it lacks significant scale or proprietary technology to establish a stronger competitive advantage.

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 National Bankshares might have Narrow Moat - Discernible but modest moat.

National Bankshares  (NAS:NKSH) 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

National Bankshares Moat Score Related Terms

NKSH vs INBK, MRBK, FBLA: Moat Score Comparison

For the Banks - Regional subindustry, National Bankshares'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.

National Bankshares Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, National Bankshares's Moat Score distribution charts can be found below:

* The bar in red indicates where National Bankshares's Moat Score falls into.


NKSH
64GF Score
National Bankshares Inc NKSH
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
National Bankshares (NKSH) has a Moat Score of 4 as of Jul. 01, 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, National Bankshares ranks #222 out of 1613 companies in the Banks industry, placing it in the top 13.8%.
Is National Bankshares' Moat Score too high?
National Bankshares' current Moat Score is 4. Based on the distribution chart, National Bankshares ranks #222 out of 1613 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, National Bankshares has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bankshares' Moat Score compare to INBK and MRBK?
According to the Banks industry distribution chart, National Bankshares ranks #222 out of 1613 companies for Moat Score. This places National Bankshares in the top 14% 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 Banks company?
A good Moat Score depends on the Banks 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. National Bankshares's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bankshares stock overvalued right now?
Based on GuruFocus' analysis, National Bankshares (NKSH) is currently considered Fairly Valued. The stock's GF Value™ is $33.12, compared to a current price of $36.39 — trading 9.9% above its estimated fair value. The current Moat Score is 4. National Bankshares' overall GF Score™ is 64/100 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 National Bankshares (NKSH), the current Moat Score is 4 as of Jul. 01, 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 National Bankshares (NKSH) Overvalued in 2026?

Based on GuruFocus' analysis, National Bankshares stock appears to be overvalued. The current stock price of $36.39 is trading 9.9% above its estimated GF Value™ of $33.12. GuruFocus considers National Bankshares to be Fairly Valued.

Key valuation signals for NKSH:

  • Moat Score: 4
  • GF Value™: $33.12 vs. price of $36.39 (9.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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

National Bankshares Business Description

Other Exchanges 9F2:Germany
Address 101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company. It focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural loans, commercial real estate, construction loans for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary. The company earns its revenue from interest and fees on loans, non-interest income, and investments.
64GF Score

Get the complete analysis for NKSH

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

$36.39
Price
$33.12
GF Value