Note AB (OSTO:NOTE) Moat Score: 0/10 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:NOTE Note AB OSTO:NOTE
96 GF Score
Price kr145.10
GF Value kr168.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Note AB Moat Score?

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

Note AB 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 Note AB might have No Moat - No discernible moat.

Note AB  (OSTO:NOTE) 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

Note AB Moat Score Related Terms

OSTO:NOTE
96GF Score
Note AB OSTO:NOTE
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Note AB (OSTO:NOTE) Overvalued in 2026?

Based on GuruFocus' analysis, Note AB stock appears to be undervalued. The current stock price of kr145.10 is trading 14% below its estimated GF Value™ of kr168.73. GuruFocus considers Note AB to be Modestly Undervalued.

Key valuation signals for OSTO:NOTE:

  • Moat Score: 0
  • GF Value™: kr168.73 vs. price of kr145.10 (14% below fair value)
  • GF Score™: 96/100 with 4 warning signs

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

Note AB Business Description

Other Exchanges 0GSS:UKNQA:Germany
Address Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
96GF Score

Get the complete analysis for OSTO:NOTE

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

kr145.10
Price
kr168.73
GF Value