SPAR Group, Inc. SGRP

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
23/100
Weak

About SPAR Group, Inc.

SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and … Full SGRP analysis →

Competitive advantage assessment

Key risks

  • ROIC Below WACC or Peers ROIC at 13.2th percentile suggests inefficient capital deployment.
  • Commodity Pressure / Weak Differentiation Gross margin at 20.0th percentile with high volatility suggests weak pricing power or commoditized products.

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.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Weak
22

Where SGRP ranks in Specialty Business Services

SPAR Group, Inc. ranks #36 of 41 scored companies in Specialty Business Services by moat score — the top 88%. The widest moat in the group is Copart, Inc. (CPRT) at 81/100.

Moat scores for companies ranked near SGRP in Specialty Business Services
# Company Moat score Rating
32 Target Hospitality Corp. TH 29/100 Developing
33 Samfine Creation Holdings Group SFHG 28/100 Developing
34 Spire Global, Inc. SPIR 28/100 Developing
35 Lichen China Limited LICN 26/100 Developing
36 SPAR Group, Inc. SGRP 23/100 Weak
37 System1, Inc. SST 22/100 Weak
38 Network-1 Technologies, Inc. NTIP 21/100 Weak
39 Powell Max Limited PMAX 20/100 Weak
40 SMX (Security Matters) Public L SMX 8/100 Weak

See every General Corporate company ranked by moat score →

How SGRP scores on the Corporate Default defenses

Pricing Power

Score 22 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 39 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 15 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 9 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 31 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 22 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding SGRP's moat

What is SPAR Group, Inc.'s moat score?

SPAR Group, Inc. (SGRP) scores 22 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #36 of 41 scored companies in Specialty Business Services, the top 88%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 40 companies in Specialty Business Services. Its strongest defense is Cost Advantage (39/100) and its weakest is Capital Efficiency (9/100).

How does SPAR Group, Inc. compare with other Specialty Business Services companies?

SPAR Group, Inc. ranks #36 of 41 scored companies in Specialty Business Services by moat score. The widest moat in Specialty Business Services is Copart, Inc. (CPRT) at 81/100. The companies ranked closest are Lichen China Limited (LICN) at 26 just above it and System1, Inc. (SST) at 22 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default 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 40 companies in Specialty Business Services. The defenses are then weighted to produce the overall score out of 100.

Why is SPAR Group, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for SPAR Group, Inc.?

The Corporate Default template measures 6 defenses, and SGRP scores: Pricing Power (22), Cost Advantage (39), Customer Stickiness (15), Capital Efficiency (9), Resilience (31), Scale & Market Position (22). 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.

Send Feedback
Please select a category.
0/1000