VOL. XCIV, NO. 247

* WIDE MOAT STOCKS COMPARISON *

NO ADVICE

Monday, December 29, 2025

Stock Comparison

Auckland International Airport Limited vs Kongsberg Gruppen ASA

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

Auckland International Airport Limited

AIA · NZX

Market cap (USD)
SectorIndustrials
CountryNZ
Data as of2025-12-28
Moat score
74/ 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 Auckland International Airport Limited's moat claims, evidence, and risks.

View AIA analysis

Kongsberg Gruppen ASA

KOG · Euronext Oslo Bors

Market cap (USD)$22.8B
SectorIndustrials
CountryNO
Data as of2025-12-28
Moat score
81/ 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 Kongsberg Gruppen ASA's moat claims, evidence, and risks.

View KOG analysis

Comparison highlights

  • Moat score gap: Kongsberg Gruppen ASA leads (81 / 100 vs 74 / 100 for Auckland International Airport Limited).
  • Segment focus: Auckland International Airport Limited has 3 segments; Kongsberg Gruppen ASA has 4 segments (49.5% in Kongsberg Maritime).
  • Primary market structure: Monopoly vs Oligopoly. Pricing power: Moderate vs Moderate.
  • Moat breadth: Auckland International Airport Limited has 5 moat types across 3 domains; Kongsberg Gruppen ASA has 9 across 4.

Primary market context

Auckland International Airport Limited

Aeronautical (regulated airport services)

Market

Aeronautical airport services at Auckland Airport (airfield landing/parking, passenger terminal and related charges)

Geography

New Zealand (Auckland catchment)

Customer

Airlines and aviation operators (direct customers); passengers indirectly

Role

Airport infrastructure operator

Kongsberg Gruppen ASA

Kongsberg Maritime

Market

Maritime technology & integrated ship systems (propulsion, automation, bridge, energy efficiency, service)

Geography

Global

Customer

Shipyards, shipowners, offshore operators, naval customers

Role

OEM and systems integrator; aftermarket service provider

Revenue share

49.5%

Side-by-side metrics

Auckland International Airport Limited
Kongsberg Gruppen ASA
Ticker / Exchange
AIA - NZX
KOG - Euronext Oslo Bors
Market cap (USD)
n/a
$22.8B
Sector
Industrials
Industrials
HQ country
NZ
NO
Primary segment
Aeronautical (regulated airport services)
Kongsberg Maritime
Market structure
Monopoly
Oligopoly
Market share
n/a
30%-35% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
74 / 100
81 / 100
Moat domains
Legal, Supply, Demand
Demand, Supply, Legal, Network
Last update
2025-12-28
2025-12-28

Moat coverage

Shared moat types

Long Term Contracts

Auckland International Airport Limited strengths

Permits Rights Of WayCapacity MoatDistribution ControlGeographic Natural

Kongsberg Gruppen ASA strengths

Installed Base ConsumablesService Field NetworkCompliance AdvantageGovernment Contracting RelationshipsDesign In QualificationCapex Knowhow ScaleData Workflow LockinEcosystem Complements

Segment mix

Auckland International Airport Limited segments

Full profile >

Aeronautical (regulated airport services)

Monopoly

n/a

Retail concessions and car parking

Quasi-Monopoly

n/a

Commercial property and precinct development

Competitive

n/a

Kongsberg Gruppen ASA segments

Full profile >

Kongsberg Maritime

Oligopoly

49.5%

Kongsberg Defence & Aerospace

Oligopoly

38.2%

Kongsberg Discovery

Competitive

8.8%

Kongsberg Digital

Competitive

3.5%

Want the full wide moat stocks list?

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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.