Marsh (FRA:MSN) Moat Score: 7/10 (As of Jul. 01, 2026)


FRA:MSN Marsh FRA:MSN
74 GF Score
Price €145.65
GF Value €217.16
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Marsh Moat Score?

Marsh FRA:MSN +0.45% 74 Moat Score is 7 as of Jul. 01, 2026. GuruFocus rates FRA:MSN with a GF Score™ of 74/100 and a GF Value™ of €217.16 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 600 Insurance companies, Marsh ranks better than 99% on this metric.

Marsh has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Marsh has Wide Moat: Marsh has a wide moat due to its market leadership in insurance brokerage, strong brand, and extensive global distribution network. It benefits from significant customer switching costs and regulatory barriers. Its scale provides durable cost advantages, and it has strong pricing power in the industry.

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 Marsh might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Marsh  (FRA:MSN) 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

Marsh Moat Score Related Terms

FRA:MSN vs AON, AJG, WTW: Moat Score Comparison

For the Insurance Brokers subindustry, Marsh'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.

Marsh Moat Score vs Insurance Industry

For the Insurance industry and Financial Services sector, Marsh's Moat Score distribution charts can be found below:

* The bar in red indicates where Marsh's Moat Score falls into.


FRA:MSN
74GF Score
Marsh FRA:MSN
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 7 mean?
Marsh (FRA:MSN) has a Moat Score of 7 as of Jul. 01, 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, Marsh ranks #6 out of 600 companies in the Insurance industry, placing it in the top 1%.
Is Marsh's Moat Score too high?
Marsh's current Moat Score is 7. Based on the distribution chart, Marsh ranks #6 out of 600 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Marsh has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marsh's Moat Score compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #6 out of 600 companies for Moat Score. This places Marsh in the top 1% 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 an Insurance company?
A good Moat Score depends on the Insurance 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. Marsh's current Moat Score is 7. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marsh stock overvalued right now?
Based on GuruFocus' analysis, Marsh (FRA:MSN) is currently considered Significantly Undervalued. The stock's GF Value™ is €217.16, compared to a current price of €145.65 — trading 32.9% below its estimated fair value. The current Moat Score is 7. Marsh's overall GF Score™ is 74/100 with 4 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 Marsh (FRA:MSN), the current Moat Score is 7 as of Jul. 01, 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 Marsh (FRA:MSN) Overvalued in 2026?

Based on GuruFocus' analysis, Marsh stock appears to be undervalued. The current stock price of €145.65 is trading 32.9% below its estimated GF Value™ of €217.16. GuruFocus considers Marsh to be Significantly Undervalued.

Key valuation signals for FRA:MSN:

  • Moat Score: 7
  • GF Value™: €217.16 vs. price of €145.65 (32.9% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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

Marsh Business Description

Address 1166 Avenue of the Americas, New York, NY, USA, 10036-2774
Marsh is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
74GF Score

Get the complete analysis for FRA:MSN

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

€145.65
Price
€217.16
GF Value