VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Nabtesco Corporation vs Transurban Group

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

Nabtesco Corporation

6268 · Tokyo Stock Exchange

Market cap (USD)$4.1B
Gross margin (TTM)31.7%
Operating margin (TTM)7.4%
Net margin (TTM)5.8%
SectorIndustrials
IndustryIndustrial - Machinery
CountryJP
Data as of2026-05-26
Moat score
90/ 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 Nabtesco Corporation's moat claims, evidence, and risks.

View 6268 analysis

Transurban Group

TCL · Australian Securities Exchange

Market cap (USD)$32.3B
Gross margin (TTM)45.6%
Operating margin (TTM)41.9%
Net margin (TTM)7.1%
SectorIndustrials
IndustryIndustrial - Infrastructure Operations
CountryAU
Data as of2026-05-26
Moat score
91/ 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 Transurban Group's moat claims, evidence, and risks.

View TCL analysis

Comparison highlights

  • Moat score gap: Transurban Group leads (91 / 100 vs 90 / 100 for Nabtesco Corporation).
  • Segment focus: Nabtesco Corporation has 4 segments (36% in Accessibility Solutions Business); Transurban Group has 4 segments (48.8% in Sydney toll roads).
  • Moat breadth: Nabtesco Corporation has 5 moat types across 3 domains; Transurban Group has 3 across 3.

Primary market context

Nabtesco Corporation

Accessibility Solutions Business

Market

Automatic doors for buildings and platform doors (pedestrian flow solutions)

Geography

Japan (core) + Europe/North America/China

Customer

Building owners/contractors, transit operators, and integrators

Role

Product OEM + installation and service ecosystem

Revenue share

36%

Transurban Group

Sydney toll roads

Market

Urban toll-road concessions (Sydney)

Geography

Sydney, New South Wales, Australia

Customer

Motorists and commercial fleet operators

Role

Concessionaire / operator and developer

Revenue share

48.8%

Side-by-side metrics

Nabtesco Corporation
Transurban Group
Ticker / Exchange
6268 - Tokyo Stock Exchange
TCL - Australian Securities Exchange
Market cap (USD)
$4.1B
$32.3B
Gross margin (TTM)
31.7%
45.6%
Operating margin (TTM)
7.4%
41.9%
Net margin (TTM)
5.8%
7.1%
Sector
Industrials
Industrials
Industry
Industrial - Machinery
Industrial - Infrastructure Operations
HQ country
JP
AU
Primary segment
Accessibility Solutions Business
Sydney toll roads
Market structure
Quasi-Monopoly
Quasi-Monopoly
Market share
55%-65% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
90 / 100
91 / 100
Moat domains
Supply, Demand, Legal
Legal, Financial, Demand
Last update
2026-05-26
2026-05-26

Moat coverage

Shared moat types

No overlap yet.

Nabtesco Corporation strengths

Learning Curve YieldDesign In QualificationCompliance AdvantageService Field NetworkBrand Trust

Transurban Group strengths

Concession LicenseBenchmark Pricing PowerDynamic congestion pricing

Segment mix

Nabtesco Corporation segments

Full profile >

Component Solutions Business

Quasi-Monopoly

25.8%

Transport Solutions Business

Oligopoly

32.6%

Accessibility Solutions Business

Quasi-Monopoly

36%

Manufacturing Solutions Business

Quasi-Monopoly

5.7%

Transurban Group segments

Full profile >

Sydney toll roads

Quasi-Monopoly

48.8%

Melbourne toll roads

Quasi-Monopoly

26.7%

Brisbane toll roads

Quasi-Monopoly

16.2%

North America managed lanes and concessions

Quasi-Monopoly

8.3%

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.