MRLN (Merlin) Moat Score: 4/10 (As of Jul. 01, 2026)


MRLN Merlin Inc MRLN
6 GF Score
Price $5.65
View Full Analysis

What is Merlin Moat Score?

Merlin MRLN -0.70% 6 Moat Score is 4 as of Jul. 01, 2026. GuruFocus rates MRLN with a GF Score™ of 6/100. Among 348 Aerospace & Defense companies, Merlin ranks better than 82.76% on this metric.

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

Merlin has Narrow Moat: Merlin Inc has a modest market presence with some customer loyalty and brand recognition. However, it lacks significant intellectual property or regulatory barriers. Its competitive advantages are discernible but modest, with limited 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 Merlin might have Narrow Moat - Discernible but modest moat.

Merlin  (NAS:MRLN) 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

Merlin Moat Score Related Terms

MRLN vs EH, ELMT, RGR: Moat Score Comparison

For the Aerospace & Defense subindustry, Merlin'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.

Merlin Moat Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Merlin's Moat Score distribution charts can be found below:

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


MRLN
6GF Score
Merlin Inc MRLN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Merlin (MRLN) has a Moat Score of 4 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, Merlin ranks #60 out of 348 companies in the Aerospace & Defense industry, placing it in the top 17.2%.
Is Merlin's Moat Score too high?
Merlin's current Moat Score is 4. Based on the distribution chart, Merlin ranks #60 out of 348 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Merlin has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Merlin's Moat Score compare to EH and ELMT?
According to the Aerospace & Defense industry distribution chart, Merlin ranks #60 out of 348 companies for Moat Score. This places Merlin in the top 17% 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 Aerospace & Defense company?
A good Moat Score depends on the Aerospace & Defense 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. Merlin'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 Merlin stock overvalued right now?
Merlin (MRLN) has a current Moat Score of 4. The current Moat Score is 4. Merlin's overall GF Score™ is 6/100. 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 Merlin (MRLN), the current Moat Score is 4 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.

Merlin Business Description

Address 129 South Street, Boston, MA, USA, 02111
Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.
6GF Score

Get the complete analysis for MRLN

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

$5.65
Price