CIHKY (China Merchants Bank Co) Moat Score: 8/10 (As of Jul. 02, 2026)


CIHKY China Merchants Bank Co Ltd CIHKY
69 GF Score
Price $28.00
GF Value $30.64
Valuation Fairly Valued
! 2 Warning Signs
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What is China Merchants Bank Co Moat Score?

China Merchants Bank Co CIHKY -2.61% 69 Moat Score is 8 as of Jul. 02, 2026. GuruFocus rates CIHKY with a GF Score™ of 69/100 and a GF Value™ of $30.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,612 Banks companies, China Merchants Bank Co ranks better than 99.94% on this metric.

China Merchants Bank Co has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

China Merchants Bank Co has Wide Moat: China Merchants Bank possesses a robust wide moat with strong market leadership, significant economies of scale, and regulatory barriers. Its brand strength and extensive distribution network provide durable competitive advantages and pricing power.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes China Merchants Bank Co might have Wide Moat - Clear and robust wide moat.

China Merchants Bank Co  (OTCPK:CIHKY) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

China Merchants Bank Co Moat Score Related Terms

China Merchants Bank Co Moat Score Competitor Comparison

For the Banks - Regional subindustry, China Merchants Bank Co's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Merchants Bank Co Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, China Merchants Bank Co's Moat Score distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's Moat Score falls into.


CIHKY
69GF Score
China Merchants Bank Co Ltd CIHKY
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 8 mean?
China Merchants Bank Co (CIHKY) has a Moat Score of 8 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, China Merchants Bank Co ranks #1 out of 1612 companies in the Banks industry, placing it in the top 0.099999999999994%.
Is China Merchants Bank Co's Moat Score too high?
China Merchants Bank Co's current Moat Score is 8. Based on the distribution chart, China Merchants Bank Co ranks #1 out of 1612 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, China Merchants Bank Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Bank Co's Moat Score compare to competitors?
According to the Banks industry distribution chart, China Merchants Bank Co ranks #1 out of 1612 companies for Moat Score. This places China Merchants Bank Co in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. China Merchants Bank Co's current Moat Score is 8. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Bank Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Bank Co (CIHKY) is currently considered Fairly Valued. The stock's GF Value™ is $30.64, compared to a current price of $28.00 — trading 8.6% below its estimated fair value. The current Moat Score is 8. China Merchants Bank Co's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For China Merchants Bank Co (CIHKY), the current Moat Score is 8 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Merchants Bank Co (CIHKY) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Bank Co stock appears to be undervalued. The current stock price of $28.00 is trading 8.6% below its estimated GF Value™ of $30.64. GuruFocus considers China Merchants Bank Co to be Fairly Valued.

Key valuation signals for CIHKY:

  • Moat Score: 8
  • GF Value™: $30.64 vs. price of $28.00 (8.6% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the CIHKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Bank Co Business Description

Address No. 7088, Shennan Boulevard, 26th Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 49%, 51%, and 0% of total profit before tax, respectively, and 40%, 58%, and 2% of total revenue in 2024.
69GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.00
Price
$30.64
GF Value