VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Stock Comparison

Auckland International Airport Limited vs Teqnion AB (publ)

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)$14.4B
Gross margin (TTM)54.4%
Operating margin (TTM)55%
Net margin (TTM)23.3%
SectorIndustrials
IndustryAirlines, Airports & Air Services
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

Teqnion AB (publ)

TEQ · Nasdaq First North Growth Market Sweden

Market cap (USD)$3.1B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorFinancials
IndustryIndustrial - Distribution
CountrySE
Data as of2026-01-08
Moat score
47/ 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 Teqnion AB (publ)'s moat claims, evidence, and risks.

View TEQ analysis

Comparison highlights

  • Moat score gap: Auckland International Airport Limited leads (74 / 100 vs 47 / 100 for Teqnion AB (publ)).
  • Segment focus: Auckland International Airport Limited has 3 segments; Teqnion AB (publ) has 4 segments.
  • Primary market structure: Monopoly vs Competitive. Pricing power: Moderate vs n/a.
  • Moat breadth: Auckland International Airport Limited has 5 moat types across 3 domains; Teqnion AB (publ) has 8 across 2.

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

Teqnion AB (publ)

Acquisition & Portfolio Platform (Active, long-term ownership)

Market

Acquisition and long-term ownership of profitable niche industrial SMEs

Geography

Nordics, UK, Ireland

Customer

Business owners / sellers; subsidiary management teams

Role

Acquirer / holding company / active owner

Side-by-side metrics

Auckland International Airport Limited
Teqnion AB (publ)
Ticker / Exchange
AIA - NZX
TEQ - Nasdaq First North Growth Market Sweden
Market cap (USD)
$14.4B
$3.1B
Gross margin (TTM)
54.4%
n/a
Operating margin (TTM)
55%
n/a
Net margin (TTM)
23.3%
n/a
Sector
Industrials
Financials
Industry
Airlines, Airports & Air Services
Industrial - Distribution
HQ country
NZ
SE
Primary segment
Aeronautical (regulated airport services)
Acquisition & Portfolio Platform (Active, long-term ownership)
Market structure
Monopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
n/a
Moat score
74 / 100
47 / 100
Moat domains
Legal, Supply, Demand
Supply, Demand
Last update
2025-12-28
2026-01-08

Moat coverage

Shared moat types

Distribution Control

Auckland International Airport Limited strengths

Permits Rights Of WayCapacity MoatLong Term ContractsGeographic Natural

Teqnion AB (publ) strengths

Operational ExcellencePreferential Input AccessScope EconomiesProcurement InertiaDesign In QualificationSwitching Costs GeneralLearning Curve Yield

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

Teqnion AB (publ) segments

Full profile >

Acquisition & Portfolio Platform (Active, long-term ownership)

Competitive

n/a

Agency & Distribution Businesses

Competitive

n/a

Niche Product & Service Companies

Competitive

n/a

Manufacturing (Own-brand and Contract/OEM)

Competitive

n/a

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.