Wellnet (SSE:2428) Moat Score: 0/10 (As of Jul. 16, 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.

SSE:2428 Wellnet Corp SSE:2428
56 GF Score
Price 円802.00
GF Value 円699.61
! 3 Warning Signs
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What is Wellnet Moat Score?

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

Wellnet 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 Wellnet might have No Moat - No discernible moat.

Wellnet  (SSE:2428) 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

Wellnet Moat Score Related Terms

SSE:2428
56GF Score
Wellnet Corp SSE:2428
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Wellnet (SSE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Wellnet stock appears to be overvalued. The current stock price of 円802.00 is trading 14.6% above its estimated GF Value™ of 円699.61.

Key valuation signals for SSE:2428:

  • Moat Score: 0
  • GF Value™: 円699.61 vs. price of 円802.00 (14.6% above fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the SSE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wellnet Business Description

Other Exchanges 2428:Japan
Address 10-11-4 Odori Higashi, Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Wellnet Corp provides payment services that connect real-time payment of cash by connecting store terminals of convenience stores with the company and business operators. Its service offerings include payment secretary, multipayment service, bus IT solution, convenience store cash receiving service, remittance service, invoice issuance agency service, electronic ticket electronic authentication service, and various other application services.
56GF Score

Get the complete analysis for SSE:2428

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

円802.00
Price
円699.61
GF Value