VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Tuesday, December 30, 2025
Stock Comparison
British American Tobacco p.l.c. vs Evolution AB
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
British American Tobacco p.l.c.
BATS · London Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into British American Tobacco p.l.c.'s moat claims, evidence, and risks.
View BATS analysisEvolution AB
EVO · Nasdaq Stockholm
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Evolution AB's moat claims, evidence, and risks.
View EVO analysisComparison highlights
- Moat score gap: Evolution AB leads (94 / 100 vs 71 / 100 for British American Tobacco p.l.c.).
- Segment focus: British American Tobacco p.l.c. has 6 segments (80% in Combustibles); Evolution AB has 2 segments (86.1% in Live Casino).
- Moat breadth: British American Tobacco p.l.c. has 6 moat types across 3 domains; Evolution AB has 4 across 3.
Primary market context
British American Tobacco p.l.c.
Combustibles
Combustible tobacco (cigarettes and other combustible products)
Global
Adult nicotine consumers via retail/wholesale channels
Manufacturer / brand owner
80%
Evolution AB
Live Casino
B2B supply of online live casino games (live dealer & game shows)
Regulated jurisdictions (global; UK data point for concentration)
Online gambling operators (B2C)
B2B content & platform supplier
86.1%
Side-by-side metrics
Moat coverage
Shared moat types
British American Tobacco p.l.c. strengths
Evolution AB strengths
Segment mix
British American Tobacco p.l.c. segments
Full profile >Combustibles
Oligopoly
Vapour
Competitive
Heated Products
Oligopoly
Modern Oral
Oligopoly
Traditional Oral
Oligopoly
Other
Competitive
Evolution AB segments
Full profile >Live Casino
Oligopoly
RNG / Slots & Digital Casino Games
Competitive
Want the full wide moat stocks list?
Browse the full ranking of wide moat stocks, updated with moat scores and segment context.
View the moat stocks listCuration & 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.