VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Saturday, January 10, 2026

Stock Comparison

Hermes International Societe en commandite par actions vs Teqnion AB (publ)

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

Hermes International Societe en commandite par actions

RMS · Euronext Paris

Market cap (USD)$232.4B
Gross margin (TTM)68.6%
Operating margin (TTM)41%
Net margin (TTM)29.9%
SectorConsumer
IndustryLuxury Goods
CountryFR
Data as of2025-12-30
Moat score
79/ 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 Hermes International Societe en commandite par actions's moat claims, evidence, and risks.

View RMS 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: Hermes International Societe en commandite par actions leads (79 / 100 vs 47 / 100 for Teqnion AB (publ)).
  • Segment focus: Hermes International Societe en commandite par actions has 7 segments (42.6% in Leather Goods and Saddlery); Teqnion AB (publ) has 4 segments.
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Strong vs n/a.
  • Moat breadth: Hermes International Societe en commandite par actions has 5 moat types across 2 domains; Teqnion AB (publ) has 8 across 2.

Primary market context

Hermes International Societe en commandite par actions

Leather Goods and Saddlery

Market

Ultra-premium leather goods and luxury handbags

Geography

Global

Customer

Affluent consumers

Role

Brand owner, artisan manufacturer, direct retailer

Revenue share

42.6%

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

Hermes International Societe en commandite par actions
Teqnion AB (publ)
Ticker / Exchange
RMS - Euronext Paris
TEQ - Nasdaq First North Growth Market Sweden
Market cap (USD)
$232.4B
$3.1B
Gross margin (TTM)
68.6%
n/a
Operating margin (TTM)
41%
n/a
Net margin (TTM)
29.9%
n/a
Sector
Consumer
Financials
Industry
Luxury Goods
Industrial - Distribution
HQ country
FR
SE
Primary segment
Leather Goods and Saddlery
Acquisition & Portfolio Platform (Active, long-term ownership)
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Strong
n/a
Moat score
79 / 100
47 / 100
Moat domains
Demand, Supply
Supply, Demand
Last update
2025-12-30
2026-01-08

Moat coverage

Shared moat types

Distribution ControlOperational Excellence

Hermes International Societe en commandite par actions strengths

Brand TrustCapacity MoatSupply Chain Control

Teqnion AB (publ) strengths

Preferential Input AccessScope EconomiesProcurement InertiaDesign In QualificationSwitching Costs GeneralLearning Curve Yield

Segment mix

Hermes International Societe en commandite par actions segments

Full profile >

Leather Goods and Saddlery

Oligopoly

42.6%

Ready-to-wear and Accessories

Competitive

29%

Silk and Textiles

Competitive

6.3%

Other Hermes sectors (Jewelry, Home, etc.)

Competitive

12.6%

Perfume and Beauty

Competitive

3.5%

Watches

Competitive

3.8%

Other products (Third-party production)

Competitive

2.2%

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

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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.