RWAY (Runway Growth Finance) Moat Score: 4/10 (As of Jul. 04, 2026)


RWAY Runway Growth Finance Corp RWAY
58 GF Score
Price $5.48
GF Value $9.50
Valuation Possible Value Trap
! 4 Warning Signs
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What is Runway Growth Finance Moat Score?

Runway Growth Finance RWAY -1.88% 58 Moat Score is 4 as of Jul. 04, 2026. GuruFocus rates RWAY with a GF Score™ of 58/100 and a GF Value™ of $9.50 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,695 Asset Management companies, Runway Growth Finance ranks better than 95.52% on this metric.

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

Runway Growth Finance has Narrow Moat: Runway Growth Finance Corp has a modest moat due to its niche focus on growth financing and established customer relationships. However, it lacks significant network effects, strong brand strength, or proprietary technology that would elevate it beyond a narrow moat.

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 Runway Growth Finance might have Narrow Moat - Discernible but modest moat.

Runway Growth Finance  (NAS:RWAY) 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

Runway Growth Finance Moat Score Related Terms

RWAY vs NPV, SRV, LIEN: Moat Score Comparison

For the Asset Management subindustry, Runway Growth Finance'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.

Runway Growth Finance Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Runway Growth Finance's Moat Score distribution charts can be found below:

* The bar in red indicates where Runway Growth Finance's Moat Score falls into.


RWAY
58GF Score
Runway Growth Finance Corp RWAY
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?
Runway Growth Finance (RWAY) has a Moat Score of 4 as of Jul. 04, 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, Runway Growth Finance ranks #76 out of 1695 companies in the Asset Management industry, placing it in the top 4.5%.
Is Runway Growth Finance's Moat Score too high?
Runway Growth Finance's current Moat Score is 4. Based on the distribution chart, Runway Growth Finance ranks #76 out of 1695 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Runway Growth Finance has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Runway Growth Finance's Moat Score compare to NPV and SRV?
According to the Asset Management industry distribution chart, Runway Growth Finance ranks #76 out of 1695 companies for Moat Score. This places Runway Growth Finance in the top 5% 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. Runway Growth Finance'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 Runway Growth Finance stock overvalued right now?
Based on GuruFocus' analysis, Runway Growth Finance (RWAY) is currently considered Possible Value Trap. The stock's GF Value™ is $9.50, compared to a current price of $5.48 — trading 42.3% below its estimated fair value. The current Moat Score is 4. Runway Growth Finance's overall GF Score™ is 58/100 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 Runway Growth Finance (RWAY), the current Moat Score is 4 as of Jul. 04, 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 Runway Growth Finance (RWAY) Overvalued in 2026?

Based on GuruFocus' analysis, Runway Growth Finance stock appears to be undervalued. The current stock price of $5.48 is trading 42.3% below its estimated GF Value™ of $9.50. GuruFocus considers Runway Growth Finance to be Possible Value Trap.

Key valuation signals for RWAY:

  • Moat Score: 4
  • GF Value™: $9.50 vs. price of $5.48 (42.3% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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

Runway Growth Finance Business Description

Other Exchanges 0KG:Germany
Address 205 N. Michigan Avenue, Suite 4200, Chicago, IL, USA, 60601
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company has Investments in the United States, Germany, and UK, Canada, Netherlands, with the majority of its portfolio invested in the United States. The company's investment objective is to maximize its total return to its stockholders through current income on its loan portfolio, and secondarily through capital gain on its warrants and other equity positions.
58GF Score

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

$5.48
Price
$9.50
GF Value