Watahan (TSE:3199) Moat Score: 0/10 (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3199 Watahan & Co Ltd TSE:3199
59 GF Score
Price 円1,345.00
GF Value 円1,659.90
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Watahan Moat Score?

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

Watahan 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 Watahan might have No Moat - No discernible moat.

Watahan  (TSE:3199) 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

Watahan Moat Score Related Terms

TSE:3199
59GF Score
Watahan & Co Ltd TSE:3199
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Watahan (TSE:3199) Overvalued in 2026?

Based on GuruFocus' analysis, Watahan stock appears to be undervalued. The current stock price of 円1,345.00 is trading 19% below its estimated GF Value™ of 円1,659.90. GuruFocus considers Watahan to be Modestly Undervalued.

Key valuation signals for TSE:3199:

  • Moat Score: 0
  • GF Value™: 円1,659.90 vs. price of 円1,345.00 (19% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:3199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Watahan Business Description

Address 1023-1 Kitagata, Nagano Prefecture, Iida, JPN
Watahan & Co Ltd engages in the retail, construction, and trading businesses in Japan. The company operates home improvement supercenters. It is also involved in the construction design, operation, maintenance, and management activities; civil engineering operations; construction of landscaping and facades; sales and rental of construction materials, nursing care; operation of parking lots; and parked vehicle management activities. In addition, it provides consultancy services related to building construction, maintenance, management, and renovation activities; and manufactures and constructs steel buildings and bridge frames, as well as earthquake-resistant bridges.
59GF Score

Get the complete analysis for TSE:3199

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

円1,345.00
Price
円1,659.90
GF Value