VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Sunday, January 11, 2026

Stock Comparison

REA Group Ltd vs WiseTech Global Limited

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

REA Group Ltd

REA · ASX

Market cap (USD)
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorCommunication Services
Industry
CountryAU
Data as of2026-01-09
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 REA Group Ltd's moat claims, evidence, and risks.

View REA analysis

WiseTech Global Limited

WTC · ASX

Market cap (USD)$22.2B
Gross margin (TTM)83.6%
Operating margin (TTM)37.2%
Net margin (TTM)25.6%
SectorTechnology
IndustrySoftware - Application
CountryAU
Data as of2025-12-29
Moat score
86/ 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 WiseTech Global Limited's moat claims, evidence, and risks.

View WTC analysis

Comparison highlights

  • Moat score gap: REA Group Ltd leads (91 / 100 vs 86 / 100 for WiseTech Global Limited).
  • Segment focus: REA Group Ltd has 3 segments (87.5% in Australia - Property & Online Advertising); WiseTech Global Limited has 3 segments (87.6% in CargoWise).
  • Primary market structure: Duopoly vs Oligopoly. Pricing power: Strong vs Strong.
  • Moat breadth: REA Group Ltd has 6 moat types across 3 domains; WiseTech Global Limited has 6 across 2.

Primary market context

REA Group Ltd

Australia - Property & Online Advertising

Market

Australian online property classifieds & digital real estate advertising (residential + commercial listings)

Geography

Australia

Customer

Real estate agents/agencies and developers (advertisers) + property seekers (consumers)

Role

Marketplace operator / media & advertising platform

Revenue share

87.5%

WiseTech Global Limited

CargoWise

Market

Enterprise logistics execution software for freight forwarders, customs brokers and 3PLs (CargoWise platform)

Geography

Global

Customer

Logistics service providers (freight forwarders, customs brokers, 3PLs)

Role

SaaS software platform vendor

Revenue share

87.6%

Side-by-side metrics

REA Group Ltd
WiseTech Global Limited
Ticker / Exchange
REA - ASX
WTC - ASX
Market cap (USD)
n/a
$22.2B
Gross margin (TTM)
n/a
83.6%
Operating margin (TTM)
n/a
37.2%
Net margin (TTM)
n/a
25.6%
Sector
Communication Services
Technology
Industry
n/a
Software - Application
HQ country
AU
AU
Primary segment
Australia - Property & Online Advertising
CargoWise
Market structure
Duopoly
Oligopoly
Market share
78%-82% (implied)
96% (reported)
HHI estimate
6,800
n/a
Pricing power
Strong
Strong
Moat score
91 / 100
86 / 100
Moat domains
Network, Demand, Supply
Demand, Network
Last update
2026-01-09
2025-12-29

Moat coverage

Shared moat types

Two Sided NetworkData Network EffectsData Workflow Lockin

REA Group Ltd strengths

Brand TrustDistribution ControlHabit Default

WiseTech Global Limited strengths

Ecosystem ComplementsSuite BundlingLegacy installed-base tail

Segment mix

REA Group Ltd segments

Full profile >

Australia - Property & Online Advertising

Duopoly

87.5%

Australia - Financial Services

Competitive

4.8%

India - Online Property Classifieds

Oligopoly

7.7%

WiseTech Global Limited segments

Full profile >

CargoWise

Oligopoly

87.6%

Non-CargoWise acquired platforms (legacy)

Competitive

12.4%

e2open (multi-enterprise supply chain applications & network; acquired)

Oligopoly

n/a

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.