SPXSF (Spirax Group) Moat Score: 6/10 (As of Jun. 29, 2026)


SPXSF Spirax Group PLC SPXSF
89 GF Score
Price $91.10
GF Value $109.04
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Spirax Group Moat Score?

Spirax Group SPXSF 89 Moat Score is 6 as of Jun. 29, 2026. GuruFocus rates SPXSF with a GF Score™ of 89/100 and a GF Value™ of $109.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,041 Industrial Products companies, Spirax Group ranks better than 98.95% on this metric.

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

Spirax Group has Narrow Moat: Spirax Group has a strong narrow moat due to its proprietary technology and economies of scale in steam management systems. It enjoys customer loyalty and some pricing power, but faces competition in broader industrial markets.

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 Spirax Group might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Spirax Group  (OTCPK:SPXSF) 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

Spirax Group Moat Score Related Terms

SPXSF vs GEV, ETN, PH: Moat Score Comparison

For the Specialty Industrial Machinery subindustry, Spirax Group'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.

Spirax Group Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spirax Group's Moat Score distribution charts can be found below:

* The bar in red indicates where Spirax Group's Moat Score falls into.


SPXSF
89GF Score
Spirax Group PLC SPXSF
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?
Spirax Group (SPXSF) has a Moat Score of 6 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, Spirax Group ranks #32 out of 3041 companies in the Industrial Products industry, placing it in the top 1.1%.
Is Spirax Group's Moat Score too high?
Spirax Group's current Moat Score is 6. Based on the distribution chart, Spirax Group ranks #32 out of 3041 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Spirax Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's Moat Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Spirax Group ranks #32 out of 3041 companies for Moat Score. This places Spirax Group in the top 1% 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 an Industrial Products company?
A good Moat Score depends on the Industrial Products 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. Spirax Group'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 Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (SPXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $109.04, compared to a current price of $91.10 — trading 16.5% below its estimated fair value. The current Moat Score is 6. Spirax Group's overall GF Score™ is 89/100 with 4 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 Spirax Group (SPXSF), the current Moat Score is 6 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 Spirax Group (SPXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued. The current stock price of $91.10 is trading 16.5% below its estimated GF Value™ of $109.04. GuruFocus considers Spirax Group to be Modestly Undervalued.

Key valuation signals for SPXSF:

  • Moat Score: 6
  • GF Value™: $109.04 vs. price of $91.10 (16.5% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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

Spirax Group Business Description

Address Cirencester Road, Charlton House, Charlton Kings, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
89GF Score

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

$91.10
Price
$109.04
GF Value