Listen. There are a lot of competitors for anything unless you...

Listen. There are a lot of competitors for anything unless you have a biotech with a patent.
Lets look at the facts. PPH has stellar balance sheet growth which speaks louder for competitive advantage than any subjective analysis. Furthermore, PPH has carved itself into a provider for the larger churches with leeway for smaller churches to use it too, but these other companies you've noted provide to much smaller churches.

TA update - hugging the 50-day MA now, showing good consolidatory strength. I predict on NZX there will be a dip that can be played next monday with lockdown extension.