VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Thursday, January 8, 2026

Stock Comparison

Games Workshop Group PLC vs Monster Beverage Corporation

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

Games Workshop Group PLC

GAW · London Stock Exchange

Market cap (USD)$6.2B
Gross margin (TTM)71.9%
Operating margin (TTM)41%
Net margin (TTM)30.4%
SectorConsumer
IndustryLeisure
CountryGB
Data as of2026-01-05
Moat score
87/ 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 Games Workshop Group PLC's moat claims, evidence, and risks.

View GAW analysis

Monster Beverage Corporation

MNST · Nasdaq Global Select Market

Market cap (USD)$73.9B
Gross margin (TTM)55.8%
Operating margin (TTM)28.3%
Net margin (TTM)21.7%
SectorConsumer
IndustryBeverages - Non-Alcoholic
CountryUS
Data as of2025-12-31
Moat score
76/ 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 Monster Beverage Corporation's moat claims, evidence, and risks.

View MNST analysis

Comparison highlights

  • Moat score gap: Games Workshop Group PLC leads (87 / 100 vs 76 / 100 for Monster Beverage Corporation).
  • Segment focus: Games Workshop Group PLC has 2 segments (91.5% in Core (Warhammer miniatures & hobby products)); Monster Beverage Corporation has 4 segments (91.6% in Monster Energy Drinks).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
  • Moat breadth: Games Workshop Group PLC has 8 moat types across 4 domains; Monster Beverage Corporation has 5 across 3.

Primary market context

Games Workshop Group PLC

Core (Warhammer miniatures & hobby products)

Market

Tabletop miniature wargaming and related hobby products

Geography

Global

Customer

Hobbyists/collectors (B2C) plus independent retailers (B2B)

Role

IP owner + designer/manufacturer + distributor + direct-to-consumer retail

Revenue share

91.5%

Monster Beverage Corporation

Monster Energy Drinks

Market

Energy drinks

Geography

Global

Customer

Retail consumers (via bottlers/distributors and retailers); some direct-to-retail

Role

Brand owner, marketer, and RTD finished-goods seller

Revenue share

91.6%

Side-by-side metrics

Games Workshop Group PLC
Monster Beverage Corporation
Ticker / Exchange
GAW - London Stock Exchange
MNST - Nasdaq Global Select Market
Market cap (USD)
$6.2B
$73.9B
Gross margin (TTM)
71.9%
55.8%
Operating margin (TTM)
41%
28.3%
Net margin (TTM)
30.4%
21.7%
Sector
Consumer
Consumer
Industry
Leisure
Beverages - Non-Alcoholic
HQ country
GB
US
Primary segment
Core (Warhammer miniatures & hobby products)
Monster Energy Drinks
Market structure
Oligopoly
Oligopoly
Market share
n/a
33%-35% (reported)
HHI estimate
n/a
n/a
Pricing power
Strong
Moderate
Moat score
87 / 100
76 / 100
Moat domains
Legal, Demand, Network, Supply
Supply, Demand, Legal
Last update
2026-01-05
2025-12-31

Moat coverage

Shared moat types

Brand Trust

Games Workshop Group PLC strengths

IP Choke PointEcosystem ComplementsService Field NetworkSupply Chain ControlInstalled Base ConsumablesContent Rights CurrencyLong Term Contracts

Monster Beverage Corporation strengths

Distribution ControlPreferential Input AccessContractual ExclusivitySpecialty flavor formulations (AFF)

Segment mix

Games Workshop Group PLC segments

Full profile >

Core (Warhammer miniatures & hobby products)

Oligopoly

91.5%

Licensing (Warhammer IP)

Monopoly

8.5%

Monster Beverage Corporation segments

Full profile >

Monster Energy Drinks

Oligopoly

91.6%

Strategic Brands

Oligopoly

5.8%

Alcohol Brands

Competitive

2.3%

Other (AFF Third-Party Products)

Competitive

0.3%

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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.