Competitive advantage assessment
The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.
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The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.
Upgrade to unlock the signals and evidence behind each defense.
Dun & Bradstreet Holdings, Inc. ranks #15 of 15 scored companies in Financial Data & Stock Exchanges by moat score — the top 100%. The widest moat in the group is CME Group Inc. (CME) at 82/100.
| # | Company | Moat score | Rating |
|---|---|---|---|
| 7 | Nasdaq, Inc. NDAQ | 61/100 | Moderate |
| 8 | Moody's Corporation MCO | 60/100 | Moderate |
| 9 | Morningstar, Inc. MORN | 55/100 | Moderate |
| 10 | S&P Global Inc. SPGI | 41/100 | Developing |
| 11 | Coinbase Global, Inc. COIN | 38/100 | Developing |
| 12 | TransUnion TRU | 34/100 | Developing |
| 13 | MarketWise, Inc. MKTW | 29/100 | Developing |
| 14 | Bit Origin Limited BTOG | 1/100 | Weak |
| 15 | Dun & Bradstreet Holdings, Inc. DNB | 0/100 | Weak |
See every Asset Management & Capital Markets company ranked by moat score →
Fee revenue quality is the ability to charge above the industry's falling average and keep charging it.
Assets under management leave far more easily than they arrive, and the fee leaves with them.
Compensation is the largest expense in asset management and the one that decides whether a good year ever reaches shareholders.
Asset managers are asset-light: with little capital employed, a healthy business should earn a very high return on equity, and a merely average one is a real warning.
Reported profits here can be flattered by performance fees, seed-capital gains and consolidated fund accounting, none of which recur reliably.
Because the business needs so little capital, an asset manager carrying meaningful debt has usually borrowed to buy another manager or to fund distributions.
How each Asset Management Specialized defense is measured, in full →
Dun & Bradstreet Holdings, Inc. (DNB) scores 0 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #15 of 15 scored companies in Financial Data & Stock Exchanges, the top 100%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 14 companies in Financial Data & Stock Exchanges.
Dun & Bradstreet Holdings, Inc. ranks #15 of 15 scored companies in Financial Data & Stock Exchanges by moat score. The widest moat in Financial Data & Stock Exchanges is CME Group Inc. (CME) at 82/100. The companies ranked closest are Bit Origin Limited (BTOG) at 0 just above it.
Each company is scored with an industry-specific template — Asset Management Specialized in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 14 companies in Financial Data & Stock Exchanges. The defenses are then weighted to produce the overall score out of 100.
An asset manager owns almost nothing. It charges a fee on someone else's money, pays much of that fee out in compensation, and keeps the remainder — so its economics turn on the fee rate it can defend, whether client money stays, and how much revenue survives the bonus pool. The Asset Management template scores those questions rather than the balance sheet, which in this industry is largely beside the point.
The Asset Management Specialized template measures 6 defenses, and DNB scores: Fee Revenue Quality (not measurable), Client Retention & Revenue Stickiness (not measurable), Compensation Discipline (not measurable), Capital Efficiency (not measurable), Earnings Quality & Cash Conversion (not measurable), Balance Sheet Strength (not measurable). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.