MNXBF (Monex Group) Moat Score: 4/10 (As of Jul. 02, 2026)


MNXBF Monex Group Inc MNXBF
64 GF Score
Price $3.92
GF Value $4.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Monex Group Moat Score?

Monex Group MNXBF -8.30% 64 Moat Score is 4 as of Jul. 02, 2026. GuruFocus rates MNXBF with a GF Score™ of 64/100 and a GF Value™ of $4.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 841 Capital Markets companies, Monex Group ranks better than 92.75% on this metric.

Monex Group has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Monex Group has Narrow Moat: Monex Group Inc has a discernible but modest moat due to its established market presence and some customer loyalty. However, it lacks strong brand differentiation, significant customer switching costs, and exclusive intellectual property, limiting its competitive edge.

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 Monex Group might have Narrow Moat - Discernible but modest moat.

Monex Group  (OTCPK:MNXBF) 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

Monex Group Moat Score Related Terms

MNXBF vs MS, GS, SCHW: Moat Score Comparison

For the Capital Markets subindustry, Monex Group'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.

Monex Group Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's Moat Score distribution charts can be found below:

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


MNXBF
64GF Score
Monex Group Inc MNXBF
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 4 mean?
Monex Group (MNXBF) has a Moat Score of 4 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, Monex Group ranks #61 out of 841 companies in the Capital Markets industry, placing it in the top 7.3%.
Is Monex Group's Moat Score too high?
Monex Group's current Moat Score is 4. Based on the distribution chart, Monex Group ranks #61 out of 841 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Monex Group has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monex Group's Moat Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Monex Group ranks #61 out of 841 companies for Moat Score. This places Monex Group in the top 7% 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 Capital Markets company?
A good Moat Score depends on the Capital Markets 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. Monex Group's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monex Group stock overvalued right now?
Based on GuruFocus' analysis, Monex Group (MNXBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.75, compared to a current price of $3.92 — trading 17.5% below its estimated fair value. The current Moat Score is 4. Monex Group's overall GF Score™ is 64/100 with 6 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 Monex Group (MNXBF), the current Moat Score is 4 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 Monex Group (MNXBF) Overvalued in 2026?

Based on GuruFocus' analysis, Monex Group stock appears to be undervalued. The current stock price of $3.92 is trading 17.5% below its estimated GF Value™ of $4.75. GuruFocus considers Monex Group to be Modestly Undervalued.

Key valuation signals for MNXBF:

  • Moat Score: 4
  • GF Value™: $4.75 vs. price of $3.92 (17.5% below fair value)
  • GF Score™: 64/100 with 6 warning signs

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

Monex Group Business Description

Other Exchanges 8698:Japan
Address 2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.
64GF Score

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

$3.92
Price
$4.75
GF Value