Does AEBI SCHMIDT HOLDING AG have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores AEBI SCHMIDT HOLDING AG (AEBI) 33.9 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 38, returns on capital 21, balance-sheet safety 0, capital discipline 80.

Is AEBI stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $9.29 per share versus a recent price of $12.76 — 37% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has AEBI's Moat Score changed over time?

The record logs 1 reading since Jul 18, 2026; the latest reads 33.9 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

AEBI SCHMIDT HOLDING AG

AEBI · Industrials · $982.5M mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power38

Median gross margin 20.3% over 3y, very stable.

Returns on capital21

Median ROIC 7.2%, above the 9% hurdle in 33% of years.

Balance-sheet safety0

Net debt/EBITDA 4.2x, interest coverage 2x.

Capital discipline80

Owner earnings +22.1%/yr, share count n/a.

Margin of safety

Above valueOn sale

37% above value

Owner earnings (normalized): $39.7M
Est. intrinsic value / share: $9.29
Recent price: $12.76
Discount to value: 37% above value

Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

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 FY2025, with a median of 7.2% across 3 filed years. The Returns on Capital filter above scores it 21/100.

The balance sheet carried $595.0M 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 Discipline is the strongest of the four filters (80/100) and Balance-Sheet Safety the weakest (0/100), which is how AEBI lands at 34/100 — 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.

RevenueSales, as filed$1.5B FY2025

Gross marginRevenue kept after cost of goods19.9% FY2025

Return on invested capitalOperating profit on the capital employed4.8% FY2025

Owner earningsCash an owner could take out$39.7M FY2025

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.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale33.9 / 100

Score history begins Jul 18, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — AEBI has read No moat for every logged capture since Jul 18, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

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.

As-of Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

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

#193 of 327 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

#191CECO CECO ENVIRONMENTAL CORP.33.9 out of 100, No moatNo moat
#192DIT AMCON DISTRIBUTING CO33.9 out of 100, No moatNo moat
#194TRT TRIO-TECH INTERNATIONAL33.5 out of 100, No moatNo moat
#195SNX TD SYNNEX CORPORATION33.1 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) 33.9 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 38, returns on capital 21, balance-sheet safety 0, capital discipline 80.
Is AEBI stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $9.29 per share versus a recent price of $12.76 — 37% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has AEBI's Moat Score changed over time?: The record logs 1 reading since Jul 18, 2026; the latest reads 33.9 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell AEBI. See the disclaimer.