SZGPF (Salzgitter AG) Moat Score: 3/10 (As of Jul. 02, 2026)


SZGPF Salzgitter AG SZGPF
56 GF Score
Price $57.97
GF Value $24.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Salzgitter AG Moat Score?

Salzgitter AG SZGPF 56 Moat Score is 3 as of Jul. 02, 2026. GuruFocus rates SZGPF with a GF Score™ of 56/100 and a GF Value™ of $24.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 644 Steel companies, Salzgitter AG ranks better than 93.32% on this metric.

Salzgitter AG has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Salzgitter AG has No Moat: Salzgitter AG operates in a highly competitive steel industry with limited differentiation. The company faces significant pricing pressures and lacks substantial cost advantages or regulatory barriers.

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 Salzgitter AG might have No Moat - Very weak/transient advantages.

Salzgitter AG  (OTCPK:SZGPF) 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

Salzgitter AG Moat Score Related Terms

SZGPF vs NUE, STLD, RS: Moat Score Comparison

For the Steel subindustry, Salzgitter AG'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.

Salzgitter AG Moat Score vs Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Moat Score distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's Moat Score falls into.


SZGPF
56GF Score
Salzgitter AG SZGPF
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 3 mean?
Salzgitter AG (SZGPF) has a Moat Score of 3 as of Jul. 02, 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, Salzgitter AG ranks #43 out of 644 companies in the Steel industry, placing it in the top 6.7%.
Is Salzgitter AG's Moat Score too high?
Salzgitter AG's current Moat Score is 3. Based on the distribution chart, Salzgitter AG ranks #43 out of 644 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Salzgitter AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salzgitter AG's Moat Score compare to NUE and STLD?
According to the Steel industry distribution chart, Salzgitter AG ranks #43 out of 644 companies for Moat Score. This places Salzgitter AG in the top 7% 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 Steel company?
A good Moat Score depends on the Steel 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. Salzgitter AG's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salzgitter AG stock overvalued right now?
Based on GuruFocus' analysis, Salzgitter AG (SZGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.08, compared to a current price of $57.97 — trading 140.7% above its estimated fair value. The current Moat Score is 3. Salzgitter AG's overall GF Score™ is 56/100 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 Salzgitter AG (SZGPF), the current Moat Score is 3 as of Jul. 02, 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 Salzgitter AG (SZGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Salzgitter AG stock appears to be overvalued. The current stock price of $57.97 is trading 140.7% above its estimated GF Value™ of $24.08. GuruFocus considers Salzgitter AG to be Significantly Overvalued.

Key valuation signals for SZGPF:

  • Moat Score: 3
  • GF Value™: $24.08 vs. price of $57.97 (140.7% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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

Salzgitter AG Business Description

Address Eisenhuttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG operates as a holding company. It has four divisions: Steel Production, Steel Processing, Trading and Technology. The majority is derived from the Steel Production segment, which manufactures high-quality branded steel & special steel. Its core product offerings include strip steel articles, seamless and welded steel pipes and tubes, and heavy plate count.
56GF Score

Get the complete analysis for SZGPF

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

$57.97
Price
$24.08
GF Value