TRTX (TPG RE Finance Trust) Moat Score: 3/10 (As of Jul. 03, 2026)


TRTX TPG RE Finance Trust Inc TRTX
51 GF Score
Price $8.40
GF Value $7.94
Valuation Fairly Valued
! 4 Warning Signs
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What is TPG RE Finance Trust Moat Score?

TPG RE Finance Trust TRTX -0.83% 51 Moat Score is 3 as of Jul. 03, 2026. GuruFocus rates TRTX with a GF Score™ of 51/100 and a GF Value™ of $7.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 989 REITs companies, TPG RE Finance Trust ranks better than 77.05% on this metric.

TPG RE Finance Trust has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

TPG RE Finance Trust has No Moat: TPG RE Finance Trust operates in a highly competitive real estate finance market with limited pricing power and no significant regulatory advantages or intellectual property to establish a durable moat.

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 TPG RE Finance Trust might have No Moat - Very weak/transient advantages.

TPG RE Finance Trust  (NYSE:TRTX) 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

TPG RE Finance Trust Moat Score Related Terms

TRTX vs FBRT, RWT, BRSP: Moat Score Comparison

For the REIT - Mortgage subindustry, TPG RE Finance Trust'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.

TPG RE Finance Trust Moat Score vs REITs Industry

For the REITs industry and Real Estate sector, TPG RE Finance Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where TPG RE Finance Trust's Moat Score falls into.


TRTX
51GF Score
TPG RE Finance Trust Inc TRTX
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?
TPG RE Finance Trust (TRTX) has a Moat Score of 3 as of Jul. 03, 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, TPG RE Finance Trust ranks #227 out of 989 companies in the REITs industry, placing it in the top 23%.
Is TPG RE Finance Trust's Moat Score too high?
TPG RE Finance Trust's current Moat Score is 3. Based on the distribution chart, TPG RE Finance Trust ranks #227 out of 989 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, TPG RE Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TPG RE Finance Trust's Moat Score compare to FBRT and RWT?
According to the REITs industry distribution chart, TPG RE Finance Trust ranks #227 out of 989 companies for Moat Score. This places TPG RE Finance Trust in the top 23% 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 REITs company?
A good Moat Score depends on the REITs 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. TPG RE Finance Trust'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 TPG RE Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, TPG RE Finance Trust (TRTX) is currently considered Fairly Valued. The stock's GF Value™ is $7.94, compared to a current price of $8.40 — trading 5.8% above its estimated fair value. The current Moat Score is 3. TPG RE Finance Trust's overall GF Score™ is 51/100 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 TPG RE Finance Trust (TRTX), the current Moat Score is 3 as of Jul. 03, 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 TPG RE Finance Trust (TRTX) Overvalued in 2026?

Based on GuruFocus' analysis, TPG RE Finance Trust stock appears to be overvalued. The current stock price of $8.40 is trading 5.8% above its estimated GF Value™ of $7.94. GuruFocus considers TPG RE Finance Trust to be Fairly Valued.

Key valuation signals for TRTX:

  • Moat Score: 3
  • GF Value™: $7.94 vs. price of $8.40 (5.8% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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

TPG RE Finance Trust Business Description

Industry Real EstateREITs
Address 888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating-rate first mortgage loans that are secured by high-quality commercial real estate properties undergoing some form of transition and value creation.
51GF Score

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

$8.40
Price
$7.94
GF Value