AEBI SCHMIDT HOLDING AG
AEBI · Industrials · $1.0B mkt cap · FY2025 filings · · not refreshed in 37 days · No moat ·
Doesn't clear the bar
The five investor questions
2023–2025 (latest 3 aligned FYs; v3 window cap 5): revenue $1.0B to $1.5B, increasing; diluted EPS 0.28 to 0.17, decreasing. Latest-filed diluted EPS remains usable for Business Trend, but an integer share-count change lacks enough evidence to confirm a comparable EPS basis; valuation growth therefore stays at 0%.
Median gross margin 20.3% over 3y, very stable.
Median ROIC 7.2%, above the 12% hurdle in 33% of years.
Net debt/EBITDA 4.2x, interest coverage 2x.
Owner earnings changed +22.1%/yr over up to the ten most recent annual observations, share count n/a.
Price vs. value if growth stopped today
A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.
- $39.7M
- $5.73
- $5.73
- $13.09
- 128% above value if growth stopped today
What today’s price assumes: owner earnings growing ~18%/yr over 5 years. The zero-growth estimate assumes owner earnings stay flat (0% growth).
How to read this
We solve for the constant annual change in owner earnings that would make the five-year zero-growth estimate equal today’s price. This keeps the existing model inputs and calculation unchanged; it is an expectations lens, not a forecast.
This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. Flag status unavailable — four adjacent recent FY revenue observations are required.
Among the current top-score group, the median current price is 239% above the zero-growth estimate across 48 of the current top 50 companies by Moat Score with both values.
Score records captured Jul 26, 2026.
Exactly which 50 companies?
FTNT, META, MEDP, IBEX, MSFT, GOOGL, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, VEEV, GRMN, SSD, MNST, DOCS, MCO, CPRT, NTAP, LRCX, NVDA, CORT, SFM, MPTI, ULTA, SN, RMD, ROL, PAYC, IRMD, INTU, DECK, MORN, LGCY, DAL, GWW, ISRG, MPWR, CTAS, LOPE, MRK, CMG, FAST, BKNG, ORLY
Missing a usable price or zero-growth estimate: ANF, BKNG.
Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.
4 years of fundamentals
The business, in plain English
AEBI SCHMIDT HOLDING AG booked $1.5B of revenue in FY2025 in the Industrials sector and kept 19.9% of it as gross profit — a moderate-margin business by that measure. After every other cost, 0.6% of each revenue dollar reached the bottom line.
It earned 4.8% on invested capital in the latest filed year, FY2025. Across the full 3-year measurable filed record, median ROIC was 7.2%. Over the v3 recent window (3 measurable filed years), median ROIC was 7.2%. The Returns on Capital filter above scores it 21/100.
The balance sheet carried $595M of total debt in FY2025 against $39.7M of owner earnings — roughly 15.0 years of owner earnings to retire it all. Balance-Sheet Safety scores it 0/100.
Put together: Capital Allocation is the strongest of the five filters (80/100) and Balance-Sheet Safety the weakest (0/100), which is how AEBI lands at 40/100 — a None moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in AEBI’s filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Visual explainers
The filing-backed explainer service is temporarily unavailable, so no partial or guessed chart is shown.
Moat Score history
Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.
Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars
- Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
- Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
- Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026
Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.
Insider activity
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
The insider-filing service is temporarily unavailable, so no partial or guessed answer is shown for AEBI.
Track record
How AEBI SCHMIDT HOLDING AG’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.
How to read this: each dot is what the engine would have scored AEBI on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.
Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The indexed price path isn't available for this company yet; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.
What followed, in the years it rated Wide
In the reconstructed history shown, AEBI did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.
Industrials context
#247 of 446 scored Industrials companies, ranked by Moat Score.
Nearest peers by Moat Score
- #245FWRD FORWARD AIR CORP40.3 out of 100, Shallow moatShallow moat
- #246XPO XPO, Inc.40.3 out of 100, Shallow moatShallow moat
- #248BGMS BIO GREEN MED SOLUTION, INC.39.8 out of 100, No moatNo moat
- #249AMRC Ameresco, Inc.39.8 out of 100, No moatNo moat
Compare AEBI with its nearest peers →All Industrials companies on the Index →
Common questions about AEBI
- Does AEBI SCHMIDT HOLDING AG have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores AEBI SCHMIDT HOLDING AG (AEBI) 39.9 out of 100 — below the Shallow-moat bar, so no moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 60, pricing power 38, returns on capital 21, balance-sheet safety 0, capital allocation 80.
- Is AEBI trading below the conservative owner-earnings estimate?
- The value if growth stopped today — a zero-growth baseline — is $5.73 per share. It capitalizes normalized owner earnings at a 9% rate and assumes 0% growth. Versus a recent price of $13.09, that is 128% above value if growth stopped today. The model also publishes a capped-growth comparison, but the zero-growth estimate is the cautious baseline. It assumes trailing owner earnings persist and is unreliable for declining businesses. This is an educational estimate from primary SEC filings, not intrinsic value as a fact or investment advice.
- How has AEBI's Moat Score changed over time?
- The record logs 12 readings since Jul 18, 2026; the latest reads 39.9 out of 100 (no moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.