IOT (Seco SpA) vs DAX Index Comparison

IOT

DAX Index

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

IOT

DAX Index

Difference

1Y 3Y 5Y 10Y 15Y 20Y

IOT

DAX Index

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

DAX Index

IOT

AAPL

005930

1810

DELL

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Seco SpA
Glance View

Market Cap

244.8m EUR

Industry

Technology

SECO SpA designs and manufactures proprietary technological solutions for microcomputers and other integrated systems for personal computer miniaturization. The company is headquartered in Arezzo, Arezzo and currently employs 593 full-time employees. The company went IPO on 2021-05-05. The company is specialized in the miniaturization of computers and the Internet of Things (IoT), covering the whole supply chain. The firm offers a range of products and services through two segments: Products and Services. Its Products offering includes different kind of customizable circuits while the Services offering includes Services and Solutions and IoT Solutions. Services and Solutions provides design, development and project support, among others. IoT Solutions provides software and hardware solutions, such as prototyping tools and connectivity, among others. The firm operates globally in the transportation, industrial automation, medical, domotics, utilities and security industries, among others.

View IOT Analysis

IOT Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US	Apple Inc NASDAQ:AAPL	Add
KR	Samsung Electronics Co Ltd KRX:005930	Add
CN	Xiaomi Corp HKEX:1810	Add
US	Dell Technologies Inc NYSE:DELL	Add
TW	Quanta Computer Inc TWSE:2382	Add
US	HP Inc NYSE:HPQ	Add
JP	Canon Inc TSE:7751	Add
US	Hewlett Packard Enterprise Co NYSE:HPE	Add
JP	Fujifilm Holdings Corp TSE:4901	Add
US	NetApp Inc NASDAQ:NTAP	Add

US	Apple Inc NASDAQ:AAPL	Select
KR	Samsung Electronics Co Ltd KRX:005930	Select
CN	Xiaomi Corp HKEX:1810	Select
US	Dell Technologies Inc NYSE:DELL	Select
TW	Quanta Computer Inc TWSE:2382	Select
US	HP Inc NYSE:HPQ	Select
JP	Canon Inc TSE:7751	Select
US	Hewlett Packard Enterprise Co NYSE:HPE	Select
JP	Fujifilm Holdings Corp TSE:4901	Select
US	NetApp Inc NASDAQ:NTAP	Select

US	Apple Inc NASDAQ:AAPL	Add
KR	Samsung Electronics Co Ltd KRX:005930	Add
CN	Xiaomi Corp HKEX:1810	Add
US	Dell Technologies Inc NYSE:DELL	Add
TW	Quanta Computer Inc TWSE:2382	Add
US	HP Inc NYSE:HPQ	Add
JP	Canon Inc TSE:7751	Add
US	Hewlett Packard Enterprise Co NYSE:HPE	Add
JP	Fujifilm Holdings Corp TSE:4901	Add
US	NetApp Inc NASDAQ:NTAP	Add

US	G	GE Vernova LLC NYSE:GEV	Add
NL	N	Nepi Rockcastle NV JSE:NRP	Add
US		Schlumberger NV NYSE:SLB	Add
US	B	Baker Hughes Co NASDAQ:BKR	Add
ID		Amman Mineral Internasional Tbk PT IDX:AMMN	Add
US	R	Reddit Inc NYSE:RDDT	Add
CH	G	Galderma Group AG SIX:GALD	Add
US		Halliburton Co NYSE:HAL	Add
IN		Jio Financial Services Ltd NSE:JIOFIN	Add
LU		Tenaris SA MIL:TEN	Add

	Franklin Covey Co NYSE:FC	35.3 USD 0.17%
	Mohawk Industries Inc NYSE:MHK	118.28 USD 0.84%
	Ardmore Shipping Corp NYSE:ASC	12.56 USD -1.64%
	ASGN Inc NYSE:ASGN	86.92 USD 0.67%
	Skyworks Solutions Inc NASDAQ:SWKS	92.63 USD -0.03%
	Weatherford International PLC NASDAQ:WFRD	72.13 USD -3.57%

IOT

vs

DAX Index

Stocks Performance
IOT vs DAX Index

Performance Gap
IOT vs DAX Index

Performance By Year
IOT vs DAX Index

Competitors Performance
Seco SpA vs Peers

Seco SpA
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	142.27 USD -2.71%
	Bank of America Corp NYSE:BAC	46.21 USD 0.28%
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	Salesforce Inc NYSE:CRM	326.9 USD 0.61%
	Abbvie Inc NYSE:ABBV	178.5 USD -0.57%
	Home Depot Inc NYSE:HD	387.2 USD 0.77%

	Arista Networks Inc NYSE:ANET	115.51 USD 0.19%
	Visa Inc NYSE:V	312.6 USD 0.3%
	Texas Pacific Land Corp NYSE:TPL	1 275.94 USD 1.4%
	KLA Corp NASDAQ:KLAC	686.2 USD -0.45%
	Manhattan Associates Inc NASDAQ:MANH	272.49 USD 1.6%
	Pinduoduo Inc NASDAQ:PDD	100.32 USD -0.3%

	Salesforce Inc NYSE:CRM	326.9 USD 0.61%
	ServiceNow Inc NYSE:NOW	1 049.08 USD -0.48%
	EOG Resources Inc NYSE:EOG	128.46 USD 0.71%
	Copart Inc NASDAQ:CPRT	56.78 USD 0.96%
	Applied Materials Inc NASDAQ:AMAT	176.99 USD -0.47%
	Synopsys Inc NASDAQ:SNPS	502 USD 2.95%

	Johnson & Johnson NYSE:JNJ	142.27 USD -2.71%
	Berkshire Hathaway Inc NYSE:BRK.A	677 925 USD -0.09%
	Bank of America Corp NYSE:BAC	46.21 USD 0.28%
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	UnitedHealth Group Inc NYSE:UNH	524.52 USD 2%
	Exxon Mobil Corp NYSE:XOM	106.93 USD -1.67%

IOT vs DAX Index

Stocks Performance IOT vs DAX Index

Performance Gap IOT vs DAX Index

Performance By Year IOT vs DAX Index

Competitors Performance Seco SpA vs Peers

Seco SpA Glance View

Company

Help

Tools

Stocks

IOT

vs

DAX Index

Stocks Performance
IOT vs DAX Index

Performance Gap
IOT vs DAX Index

Performance By Year
IOT vs DAX Index

Competitors Performance
Seco SpA vs Peers

Seco SpA
Glance View