Multi Commodity Exchange of India (NSE:MCX) Moat Score: 0/10 (As of Jul. 11, 2026)


NSE:MCX Multi Commodity Exchange of India Ltd NSE:MCX
96 GF Score
Price ₹2,770.70
GF Value ₹3,337.04
Valuation Modestly Undervalued
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What is Multi Commodity Exchange of India Moat Score?

Multi Commodity Exchange of India has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Multi Commodity Exchange of India has

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 Multi Commodity Exchange of India might have No Moat - No discernible moat.

Multi Commodity Exchange of India  (NSE:MCX) 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

Multi Commodity Exchange of India Moat Score Related Terms

NSE:MCX
96GF Score
Multi Commodity Exchange of India Ltd NSE:MCX
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?

Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued. The current stock price of ₹2,770.70 is trading 17% below its estimated GF Value™ of ₹3,337.04. GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.

Key valuation signals for NSE:MCX:

  • Moat Score: 0
  • GF Value™: ₹3,337.04 vs. price of ₹2,770.70 (17% below fair value)
  • GF Score™: 96/100

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

Multi Commodity Exchange of India Business Description

Other Exchanges 534091:India
Address Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
96GF Score

Get the complete analysis for NSE:MCX

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

₹2,770.70
Price
₹3,337.04
GF Value