TNABY (Tenaga Nasional Bhd) Moat Score: 7/10 (As of Jul. 06, 2026)


TNABY Tenaga Nasional Bhd TNABY
82 GF Score
Price $15.15
GF Value $14.85
Valuation Fairly Valued
! 7 Warning Signs
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What is Tenaga Nasional Bhd Moat Score?

Tenaga Nasional Bhd TNABY +4.00% 82 Moat Score is 7 as of Jul. 06, 2026. GuruFocus rates TNABY with a GF Score™ of 82/100 and a GF Value™ of $14.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 546 Utilities - Regulated companies, Tenaga Nasional Bhd ranks better than 99.08% on this metric.

Tenaga Nasional Bhd has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Tenaga Nasional Bhd has Wide Moat: Tenaga Nasional Bhd enjoys significant regulatory barriers and exclusive licenses in the Malaysian energy sector. It has a dominant market position, strong pricing power, and economies of scale, providing durable competitive advantages.

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 Tenaga Nasional Bhd might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Tenaga Nasional Bhd  (OTCPK:TNABY) 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

Tenaga Nasional Bhd Moat Score Related Terms

TNABY vs NEE, SO, DUK: Moat Score Comparison

For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd'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.

Tenaga Nasional Bhd Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Moat Score distribution charts can be found below:

* The bar in red indicates where Tenaga Nasional Bhd's Moat Score falls into.


TNABY
82GF Score
Tenaga Nasional Bhd TNABY
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 7 mean?
Tenaga Nasional Bhd (TNABY) has a Moat Score of 7 as of Jul. 06, 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, Tenaga Nasional Bhd ranks #5 out of 546 companies in the Utilities - Regulated industry, placing it in the top 0.90000000000001%.
Is Tenaga Nasional Bhd's Moat Score too high?
Tenaga Nasional Bhd's current Moat Score is 7. Based on the distribution chart, Tenaga Nasional Bhd ranks #5 out of 546 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tenaga Nasional Bhd has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's Moat Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #5 out of 546 companies for Moat Score. This places Tenaga Nasional Bhd 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 Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated 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. Tenaga Nasional Bhd's current Moat Score is 7. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (TNABY) is currently considered Fairly Valued. The stock's GF Value™ is $14.85, compared to a current price of $15.15 — trading 2% above its estimated fair value. The current Moat Score is 7. Tenaga Nasional Bhd's overall GF Score™ is 82/100 with 7 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 Tenaga Nasional Bhd (TNABY), the current Moat Score is 7 as of Jul. 06, 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 Tenaga Nasional Bhd (TNABY) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be overvalued. The current stock price of $15.15 is trading 2% above its estimated GF Value™ of $14.85. GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.

Key valuation signals for TNABY:

  • Moat Score: 7
  • GF Value™: $14.85 vs. price of $15.15 (2% above fair value)
  • GF Score™: 82/100 with 7 warning signs

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

Tenaga Nasional Bhd Business Description

Other Exchanges TNABF:USA5347:Malaysia
Address No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
82GF Score

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

$15.15
Price
$14.85
GF Value