Topcon (TSE:7732) Moat Score: 5/10 (As of Jul. 11, 2026)


TSE:7732 Topcon Corp TSE:7732
57 GF Score
Price 円3,280.00
GF Value 円1,799.46
! 9 Warning Signs
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What is Topcon Moat Score?

Topcon TSE:7732 57 Moat Score is 5 as of Jul. 11, 2026. GuruFocus rates TSE:7732 with a GF Score™ of 57/100 and a GF Value™ of 円1,799.46. The stock has 9 warning signs investors should review.

Topcon has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Topcon has Narrow Moat: Topcon Corp has a solid narrow moat due to its valuable intellectual property in precision measurement and positioning technologies. It benefits from some customer loyalty and pricing power, but faces competition in a dynamic tech market.

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 Topcon might have Narrow Moat - Solid narrow moat.

Topcon  (TSE:7732) 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

Topcon Moat Score Related Terms

TSE:7732 vs GRMN, KEYS, COHR: Moat Score Comparison

For the Scientific & Technical Instruments subindustry, Topcon'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.

Topcon Moat Score vs Hardware Industry

For the Hardware industry and Technology sector, Topcon's Moat Score distribution charts can be found below:

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


TSE:7732
57GF Score
Topcon Corp TSE:7732
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 5 mean?
Topcon (TSE:7732) has a Moat Score of 5 as of Jul. 11, 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.
Is Topcon's Moat Score too high?
Topcon's current Moat Score is 5. Overall, Topcon has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Moat Score compare to GRMN and KEYS?
Topcon's Moat Score of 5 can be compared against companies in the Hardware industry. 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 Hardware company?
A good Moat Score depends on the Hardware 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. Topcon's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TSE:7732) has a current Moat Score of 5. The stock's GF Value™ is 円1,799.46, compared to a current price of 円3,280.00 — trading 82.3% above its estimated fair value. The current Moat Score is 5. Topcon's overall GF Score™ is 57/100 with 9 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 Topcon (TSE:7732), the current Moat Score is 5 as of Jul. 11, 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 Topcon (TSE:7732) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of 円3,280.00 is trading 82.3% above its estimated GF Value™ of 円1,799.46.

Key valuation signals for TSE:7732:

  • Moat Score: 5
  • GF Value™: 円1,799.46 vs. price of 円3,280.00 (82.3% above fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the TSE:7732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
57GF Score

Get the complete analysis for TSE:7732

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

円3,280.00
Price
円1,799.46
GF Value