Binect AG (XTER:MA10) Moat Score: 0/10 (As of Aug. 05, 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.

XTER:MA10 Binect AG XTER:MA10
66 GF Score
Price €1.74
GF Value €3.41
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Binect AG Moat Score?

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

Binect AG 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 Binect AG might have No Moat - No discernible moat.

Binect AG  (XTER:MA10) 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

Binect AG Moat Score Related Terms

XTER:MA10
66GF Score
Binect AG XTER:MA10
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Binect AG (XTER:MA10) Overvalued in 2026?

Based on GuruFocus' analysis, Binect AG stock appears to be undervalued. The current stock price of €1.74 is trading 49% below its estimated GF Value™ of €3.41. GuruFocus considers Binect AG to be Significantly Undervalued.

Key valuation signals for XTER:MA10:

  • Moat Score: 0
  • GF Value™: €3.41 vs. price of €1.74 (49% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the XTER:MA10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Binect AG Business Description

Other Exchanges MA10:Germany
Address Brunnenweg 17, Weiterstadt, HE, DEU, 64331
Binect AG is a German management holding company. Along with its subsidiaries, it is engaged in the digitization of document-based business communication. The group digitizes all processes of document incoming and outgoing communication, such as contracts and invoices, with its solutions and the Binect ONE platform. Binect is also focused on venturing into the field of Intelligent Document Processing (IDP), which involves, among other things, using self-learning software components to process document content and transform it into digitally usable and processable data. The group develops and integrates its digital modules and solutions for medium-sized businesses, government agencies, and other institutions.
66GF Score

Get the complete analysis for XTER:MA10

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

€1.74
Price
€3.41
GF Value