Armada Mercantile (XCNQ:ARM) Moat Score: 0/10 (As of Sep. 10, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XCNQ:ARM Armada Mercantile Ltd XCNQ:ARM
33 GF Score
Price C$0.22
GF Value C$0.20
Valuation Fairly Valued
! 1 Warning Sign
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What is Armada Mercantile Moat Score?

Armada Mercantile has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Armada Mercantile has No Moat: Armada Mercantile Ltd shows no discernible moat with no significant market leadership, brand strength, or regulatory barriers. The company lacks durable competitive advantages in its industry.

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 Armada Mercantile might have No Moat - No discernible moat.

Armada Mercantile  (XCNQ:ARM) 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

Armada Mercantile Moat Score Related Terms

XCNQ:ARM
33GF Score
Armada Mercantile Ltd XCNQ:ARM
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Armada Mercantile (XCNQ:ARM) Overvalued in 2026?

Based on GuruFocus' analysis, Armada Mercantile stock appears to be overvalued. The current stock price of C$0.22 is trading 10% above its estimated GF Value™ of C$0.20. GuruFocus considers Armada Mercantile to be Fairly Valued.

Key valuation signals for XCNQ:ARM:

  • Moat Score: 0
  • GF Value™: C$0.20 vs. price of C$0.22 (10% above fair value)
  • GF Score™: 33/100 with 1 warning sign

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

Armada Mercantile Business Description

Other Exchanges AAMTF:USA
Address 1616 West 3rd Avenue, Suite 100, Vancouver, BC, CAN, V6J 1K2
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
33GF Score

Get the complete analysis for XCNQ:ARM

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

C$0.22
Price
C$0.20
GF Value