VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

LY Corporation vs Cablevisión Holding S.A.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

LY Corporation

4689 · Tokyo Stock Exchange (Prime Market)

Market cap (USD)$17.7B
Gross margin (TTM)74%
Operating margin (TTM)14%
Net margin (TTM)9.5%
SectorCommunication Services
IndustryInternet Content & Information
CountryJP
Data as of2026-01-12
Moat score
68/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into LY Corporation's moat claims, evidence, and risks.

View 4689 analysis

Cablevisión Holding S.A.

CVH · Bolsas y Mercados Argentinos

Market cap (USD)$1.1B
Gross margin (TTM)52.1%
Operating margin (TTM)7.8%
Net margin (TTM)1.4%
SectorCommunication Services
IndustryTelecommunications Services
CountryAR
Data as of2026-05-01
Moat score
83/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Cablevisión Holding S.A.'s moat claims, evidence, and risks.

View CVH analysis

Comparison highlights

  • Moat score gap: Cablevisión Holding S.A. leads (83 / 100 vs 68 / 100 for LY Corporation).
  • Segment focus: LY Corporation has 3 segments (44.2% in Commerce Business); Cablevisión Holding S.A. has 5 segments (49.1% in Mobile Services).
  • Primary market structure: Oligopoly vs Duopoly. Pricing power: Weak vs Moderate.
  • Moat breadth: LY Corporation has 5 moat types across 2 domains; Cablevisión Holding S.A. has 6 across 3.

Primary market context

LY Corporation

Commerce Business

Market

Japan e-commerce platforms and online marketplaces (shopping, fashion, B2B procurement, auctions/reuse, and services e-commerce)

Geography

Japan (with some cross-border commerce exposure via merchants and platforms)

Customer

Consumers and merchants/sellers; some B2B buyers via procurement platforms

Role

Marketplace/platform operator + merchant services (payments, membership/loyalty, advertising, logistics partnerships)

Revenue share

44.2%

Cablevisión Holding S.A.

Mobile Services

Market

Argentina mobile telecommunications services

Geography

Argentina, with Personal operations also in Paraguay

Customer

Consumer and enterprise mobile subscribers

Role

Mobile network operator and convergent service provider through Telecom Argentina

Revenue share

49.1%

Side-by-side metrics

LY Corporation
Cablevisión Holding S.A.
Ticker / Exchange
4689 - Tokyo Stock Exchange (Prime Market)
CVH - Bolsas y Mercados Argentinos
Market cap (USD)
$17.7B
$1.1B
Gross margin (TTM)
74%
52.1%
Operating margin (TTM)
14%
7.8%
Net margin (TTM)
9.5%
1.4%
Sector
Communication Services
Communication Services
Industry
Internet Content & Information
Telecommunications Services
HQ country
JP
AR
Primary segment
Commerce Business
Mobile Services
Market structure
Oligopoly
Duopoly
Market share
n/a
58%-58.1% (estimated)
HHI estimate
n/a
5,123
Pricing power
Weak
Moderate
Moat score
68 / 100
83 / 100
Moat domains
Network, Demand
Legal, Supply, Demand
Last update
2026-01-12
2026-05-01

Moat coverage

Shared moat types

Switching Costs General

LY Corporation strengths

Two Sided NetworkData Network EffectsHabit DefaultEcosystem Complements

Cablevisión Holding S.A. strengths

Concession LicenseScale Economies Unit CostSuite BundlingPhysical Network DensityDistribution Control

Segment mix

LY Corporation segments

Full profile >

Media Business

Oligopoly

38.1%

Commerce Business

Oligopoly

44.2%

Strategic Business (FinTech)

Oligopoly

17.8%

Cablevisión Holding S.A. segments

Full profile >

Mobile Services

Duopoly

49.1%

Internet Services

Oligopoly

21.7%

Cable Television Services

Oligopoly

11%

Fixed Telephony and Data Services

Quasi-Monopoly

12.1%

Other Services and Device Sales

Competitive

6%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.