VOL. XCIV, NO. 247

* WIDE MOAT STOCKS COMPARISON *

NO ADVICE

Monday, December 29, 2025

Stock Comparison

Siemens Healthineers AG vs Temenos AG

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

Siemens Healthineers AG

SHL · XETRA

Market cap (USD)
SectorHealthcare
CountryDE
Data as of2025-12-28
Moat score
68/ 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 Siemens Healthineers AG's moat claims, evidence, and risks.

View SHL analysis

Temenos AG

TEMN · SIX Swiss Exchange

Market cap (USD)
SectorTechnology
CountryCH
Data as of2025-12-28
Moat score
64/ 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 Temenos AG's moat claims, evidence, and risks.

View TEMN analysis

Comparison highlights

  • Moat score gap: Siemens Healthineers AG leads (68 / 100 vs 64 / 100 for Temenos AG).
  • Segment focus: Siemens Healthineers AG has 4 segments (54.6% in Imaging); Temenos AG has 2 segments (87.6% in Product).
  • Moat breadth: Siemens Healthineers AG has 8 moat types across 3 domains; Temenos AG has 6 across 3.

Primary market context

Siemens Healthineers AG

Imaging

Market

Diagnostic medical imaging equipment and related software/services (MRI, CT, X-ray, molecular imaging, ultrasound)

Geography

Global

Customer

Hospitals, imaging centers, clinics, and integrated delivery networks

Role

OEM + digital platform and service provider

Revenue share

54.6%

Temenos AG

Product

Market

Banking software platforms (core banking, digital banking, payments, wealth, financial crime, analytics) for banks and financial institutions

Geography

Global

Customer

Banks and financial institutions

Role

Independent software vendor / platform provider

Revenue share

87.6%

Side-by-side metrics

Siemens Healthineers AG
Temenos AG
Ticker / Exchange
SHL - XETRA
TEMN - SIX Swiss Exchange
Market cap (USD)
n/a
n/a
Sector
Healthcare
Technology
HQ country
DE
CH
Primary segment
Imaging
Product
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
68 / 100
64 / 100
Moat domains
Supply, Demand, Network
Demand, Network, Supply
Last update
2025-12-28
2025-12-28

Moat coverage

Shared moat types

Long Term ContractsEcosystem Complements

Siemens Healthineers AG strengths

Service Field NetworkData Workflow LockinCapex Knowhow ScaleInstalled Base ConsumablesDesign In QualificationSwitching Costs General

Temenos AG strengths

Training Org Change CostsSuite BundlingBrand TrustOperational Excellence

Segment mix

Siemens Healthineers AG segments

Full profile >

Imaging

Oligopoly

54.6%

Diagnostics

Oligopoly

18.7%

Varian

Oligopoly

17.6%

Advanced Therapies

Oligopoly

9.1%

Temenos AG segments

Full profile >

Product

Oligopoly

87.6%

Services

Competitive

12.4%

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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.