THNCF (Thinkific Labs) Moat Score: 4/10 (As of Jul. 01, 2026)


THNCF Thinkific Labs Inc THNCF
71 GF Score
Price $0.93
GF Value $2.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Thinkific Labs Moat Score?

Thinkific Labs THNCF 71 Moat Score is 4 as of Jul. 01, 2026. GuruFocus rates THNCF with a GF Score™ of 71/100 and a GF Value™ of $2.52 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,843 Software companies, Thinkific Labs ranks better than 90.15% on this metric.

Thinkific Labs has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Thinkific Labs has Narrow Moat: Thinkific Labs Inc has a discernible but modest moat due to its platform's network effects and customer switching costs. However, it faces intense competition and lacks strong brand strength and 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 Thinkific Labs might have Narrow Moat - Discernible but modest moat.

Thinkific Labs  (OTCPK:THNCF) 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

Thinkific Labs Moat Score Related Terms

THNCF vs UBER, SHOP, CRM: Moat Score Comparison

For the Software - Application subindustry, Thinkific Labs'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.

Thinkific Labs Moat Score vs Software Industry

For the Software industry and Technology sector, Thinkific Labs's Moat Score distribution charts can be found below:

* The bar in red indicates where Thinkific Labs's Moat Score falls into.


THNCF
71GF Score
Thinkific Labs Inc THNCF
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 4 mean?
Thinkific Labs (THNCF) has a Moat Score of 4 as of Jul. 01, 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, Thinkific Labs ranks #280 out of 2843 companies in the Software industry, placing it in the top 9.8%.
Is Thinkific Labs' Moat Score too high?
Thinkific Labs' current Moat Score is 4. Based on the distribution chart, Thinkific Labs ranks #280 out of 2843 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Thinkific Labs has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thinkific Labs' Moat Score compare to UBER and SHOP?
According to the Software industry distribution chart, Thinkific Labs ranks #280 out of 2843 companies for Moat Score. This places Thinkific Labs in the top 10% 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 Software company?
A good Moat Score depends on the Software 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. Thinkific Labs's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkific Labs stock overvalued right now?
Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.52, compared to a current price of $0.93 — trading 62.9% below its estimated fair value. The current Moat Score is 4. Thinkific Labs' overall GF Score™ is 71/100 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 Thinkific Labs (THNCF), the current Moat Score is 4 as of Jul. 01, 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 Thinkific Labs (THNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued. The current stock price of $0.93 is trading 62.9% below its estimated GF Value™ of $2.52. GuruFocus considers Thinkific Labs to be Significantly Undervalued.

Key valuation signals for THNCF:

  • Moat Score: 4
  • GF Value™: $2.52 vs. price of $0.93 (62.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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

Thinkific Labs Business Description

Other Exchanges 5S0A:GermanyTHNC:Canada
Address 369 Terminal Avenue, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.
71GF Score

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$0.93
Price
$2.52
GF Value