Main Street Capital (HAM:13M) Moat Score: 5/10 (As of Jul. 06, 2026)


HAM:13M Main Street Capital Corp HAM:13M
68 GF Score
Price €45.60
GF Value €43.09
Valuation Fairly Valued
! 10 Warning Signs
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What is Main Street Capital Moat Score?

Main Street Capital HAM:13M -0.44% 68 Moat Score is 5 as of Jul. 06, 2026. GuruFocus rates HAM:13M with a GF Score™ of 68/100 and a GF Value™ of €43.09 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,699 Asset Management companies, Main Street Capital ranks better than 98.06% on this metric.

Main Street Capital has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Main Street Capital has Narrow Moat: Main Street Capital has a solid narrow moat due to its strong brand in the business development sector and a robust distribution network. However, it faces competition from larger financial institutions, limiting its pricing power and market share.

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 Main Street Capital might have Narrow Moat - Solid narrow moat.

Main Street Capital  (HAM:13M) 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

Main Street Capital Moat Score Related Terms

HAM:13M vs OTF, HASI, FHI: Moat Score Comparison

For the Asset Management subindustry, Main Street Capital'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.

Main Street Capital Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Main Street Capital's Moat Score distribution charts can be found below:

* The bar in red indicates where Main Street Capital's Moat Score falls into.


HAM:13M
68GF Score
Main Street Capital Corp HAM:13M
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 5 mean?
Main Street Capital (HAM:13M) has a Moat Score of 5 as of Jul. 06, 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, Main Street Capital ranks #33 out of 1699 companies in the Asset Management industry, placing it in the top 1.9%.
Is Main Street Capital's Moat Score too high?
Main Street Capital's current Moat Score is 5. Based on the distribution chart, Main Street Capital ranks #33 out of 1699 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Main Street Capital has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's Moat Score compare to OTF and HASI?
According to the Asset Management industry distribution chart, Main Street Capital ranks #33 out of 1699 companies for Moat Score. This places Main Street Capital in the top 2% 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 Asset Management company?
A good Moat Score depends on the Asset Management 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. Main Street Capital's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (HAM:13M) is currently considered Fairly Valued. The stock's GF Value™ is €43.09, compared to a current price of €45.60 — trading 5.8% above its estimated fair value. The current Moat Score is 5. Main Street Capital's overall GF Score™ is 68/100 with 10 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 Main Street Capital (HAM:13M), the current Moat Score is 5 as of Jul. 06, 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 Main Street Capital (HAM:13M) Overvalued in 2026?

Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued. The current stock price of €45.60 is trading 5.8% above its estimated GF Value™ of €43.09. GuruFocus considers Main Street Capital to be Fairly Valued.

Key valuation signals for HAM:13M:

  • Moat Score: 5
  • GF Value™: €43.09 vs. price of €45.60 (5.8% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the HAM:13M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Main Street Capital Business Description

Other Exchanges MAIN:USA0JXQ:UK13M:Germany
Address 1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
68GF Score

Get the complete analysis for HAM:13M

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

€45.60
Price
€43.09
GF Value