SMX (Security Matters) Public L SMXWW

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
8/100
Weak

Ranked against 40 peers in Specialty Business Services

About SMX (Security Matters) Public L

SMX (Security Matters) Public Limited Company provides brand protection, authentication and track and trace technology for the anti-counterfeit market. Its proprietary marker system embeds a permanent or removable mark on solid, liquid, or gaseous objects or materials. The company's solutions comprise physical or chemical marker system coupled with a reader and connected to a blockchain digital platform for application in … Full SMXWW analysis →

Key risks

  • ROIC Below WACC or Peers ROIC at 5.3th percentile suggests inefficient capital deployment.
  • Elevated Debt Risk Debt serviceability is weak (score 0.18), raising refinancing risk.

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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Pricing Power

Insufficient Data
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Where SMXWW ranks in Specialty Business Services

SMX (Security Matters) Public L ranks #41 of 41 scored companies in Specialty Business Services by moat score — the top 100%. The widest moat in the group is Copart, Inc. (CPRT) at 81/100.

# Company Moat score Rating
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
41 SMX (Security Matters) Public L SMXWW 8/100 Weak

See every General Corporate company ranked by moat score →

How SMXWW scores on the Corporate Default defenses

Pricing Power

Not measurable · 20% of the moat score

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

Cost Advantage

Not measurable · 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

Not measurable · 15% of the moat score

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

Capital Efficiency

Score 3 · 18% of the moat score

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

Resilience

Score 15 · 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

Not measurable · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding SMXWW's moat

What is SMX (Security Matters) Public L's moat score?

SMX (Security Matters) Public L (SMXWW) scores 8 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #41 of 41 scored companies in Specialty Business Services, the top 100%. 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 Resilience (15/100) and its weakest is Capital Efficiency (3/100).

How does SMX (Security Matters) Public L compare with other Specialty Business Services companies?

SMX (Security Matters) Public L ranks #41 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 SMX (Security Matters) Public L (SMX) at 8 just above 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 SMX (Security Matters) Public L 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 SMX (Security Matters) Public L?

The Corporate Default template measures 6 defenses, and SMXWW scores: Pricing Power (not measurable), Cost Advantage (not measurable), Customer Stickiness (not measurable), Capital Efficiency (3), Resilience (15), Scale & Market Position (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.

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