PMMAF (Puma SE) Moat Score: 5/10 (As of Jun. 29, 2026)


PMMAF Puma SE PMMAF
75 GF Score
Price $30.64
GF Value $37.50
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Puma SE Moat Score?

Puma SE PMMAF -1.08% 75 Moat Score is 5 as of Jun. 29, 2026. GuruFocus rates PMMAF with a GF Score™ of 75/100 and a GF Value™ of $37.50 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,146 Manufacturing - Apparel & Accessories companies, Puma SE ranks better than 97.99% on this metric.

Puma SE has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Puma SE has Narrow Moat: Puma SE has a solid narrow moat due to its strong brand and customer loyalty in the athletic apparel market. While it benefits from economies of scale and a global distribution network, it faces intense competition from larger rivals like Nike and Adidas, limiting its pricing power and market share.

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 Puma SE might have Narrow Moat - Solid narrow moat.

Puma SE  (OTCPK:PMMAF) 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

Puma SE Moat Score Related Terms

PMMAF vs NKE, DECK, ONON: Moat Score Comparison

For the Footwear & Accessories subindustry, Puma SE'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.

Puma SE Moat Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Moat Score distribution charts can be found below:

* The bar in red indicates where Puma SE's Moat Score falls into.


PMMAF
75GF Score
Puma SE PMMAF
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?
Puma SE (PMMAF) has a Moat Score of 5 as of Jun. 29, 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, Puma SE ranks #23 out of 1146 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 2%.
Is Puma SE's Moat Score too high?
Puma SE's current Moat Score is 5. Based on the distribution chart, Puma SE ranks #23 out of 1146 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Puma SE has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Puma SE's Moat Score compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Puma SE ranks #23 out of 1146 companies for Moat Score. This places Puma SE 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 Manufacturing - Apparel & Accessories company?
A good Moat Score depends on the Manufacturing - Apparel & Accessories 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. Puma SE'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 Puma SE stock overvalued right now?
Based on GuruFocus' analysis, Puma SE (PMMAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.50, compared to a current price of $30.64 — trading 18.3% below its estimated fair value. The current Moat Score is 5. Puma SE's overall GF Score™ is 75/100 with 9 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 Puma SE (PMMAF), the current Moat Score is 5 as of Jun. 29, 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 Puma SE (PMMAF) Overvalued in 2026?

Based on GuruFocus' analysis, Puma SE stock appears to be undervalued. The current stock price of $30.64 is trading 18.3% below its estimated GF Value™ of $37.50. GuruFocus considers Puma SE to be Modestly Undervalued.

Key valuation signals for PMMAF:

  • Moat Score: 5
  • GF Value™: $37.50 vs. price of $30.64 (18.3% below fair value)
  • GF Score™: 75/100 with 9 warning signs

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

Puma SE Business Description

Address Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
75GF Score

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

$30.64
Price
$37.50
GF Value