Federal (TPE:2102) Moat Score: 0/10 (As of Jul. 04, 2026)


TPE:2102 Federal Corp TPE:2102
63 GF Score
Price NT$18.80
GF Value NT$16.63
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Federal Moat Score?

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

Federal 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 Federal might have No Moat - No discernible moat.

Federal  (TPE:2102) 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

Federal Moat Score Related Terms

TPE:2102
63GF Score
Federal Corp TPE:2102
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Federal (TPE:2102) Overvalued in 2026?

Based on GuruFocus' analysis, Federal stock appears to be overvalued. The current stock price of NT$18.80 is trading 13% above its estimated GF Value™ of NT$16.63. GuruFocus considers Federal to be Modestly Overvalued.

Key valuation signals for TPE:2102:

  • Moat Score: 0
  • GF Value™: NT$16.63 vs. price of NT$18.80 (13% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the TPE:2102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Federal Business Description

Address No. 398, Huanbei Road, 2nd Floor-2, Zhongli District, Taoyuan, TWN
Federal Corp is a Taiwan-based company that engages in the manufacturing and sale of automobile tires and rubber, as well as real estate development and leasing. Its products include tires for ultra-high performance (UHP) vehicles and high-performance vehicles, tires for passenger cars, and tires for sports utility vehicles (SUVs), among others. It also provides light truck tires, drift tires, and all-season tires. The company derives its key revenue from the domestic market and the rest from Asia and America.
63GF Score

Get the complete analysis for TPE:2102

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

NT$18.80
Price
NT$16.63
GF Value