VERDE BIO HOLDINGS, INC.

APHD · Materials · $2.6B mkt cap · FY2023 filings · · not refreshed in 36 days · No moat ·

Doesn't clear the bar

No moat
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The five investor questions

Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend.

50

Median gross margin 44.3% over 3y, variable.

0

Median ROIC -72.2%, above the 12% hurdle in 0% of years.

28

Net debt/EBITDA n/ax, interest coverage -25x.

24

Owner earnings changed trend unclear over up to the ten most recent annual observations.

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

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.

Above value if growth stopped todayBelow value if growth stopped today
No price data
Not reported
Unavailable — insufficient owner-earnings data
Unavailable — insufficient growth-model data
$1.70
No price data

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.

15 years of fundamentals

The business, in plain English

It earned −59.3% on invested capital in the latest filed year, FY2023. Across the full 3-year measurable filed record, median ROIC was −72.2%. Over the v3 recent window (3 measurable filed years), median ROIC was −72.2%. The Returns on Capital filter above scores it 0/100.

APHD's latest filed year, FY2023, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

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.

FY2009–FY2023 · 15 fiscal years, normalized from APHD’s SEC filings

Sales, as filed$0 FY2019
$0$20000$400002009201420192023
Revenue kept after cost of goods44.3% FY2018
0%25%50%2009201420192023
Standard ROIC or separately labeled Operating ROICROIC −59.3% FY2023
−400%−200%0%2009201420192023
Cash an owner could take out−$1.8M FY2023
−$2M$02009201420192023

Gaps in a line mean that item isn’t in APHD’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.

Flagship explainer

How VERDE BIO HOLDINGS, INC. makes its money

VERDE BIO HOLDINGS, INC.'s filing does not supply enough comparable lines for a truthful flow chart — here's what is filed:

Table alternative
Filed lineValue% of revenueSource
−$1.6MUnavailable
Income before tax−$1.8MUnavailable
Income tax$0Unavailable
−$1.9MUnavailable
Source: · event Apr 30, 2023 · retrieved Jul 26, 2026 · annual-row source set

Flagship explainer

What VERDE BIO HOLDINGS, INC. owns — and owes

VERDE BIO HOLDINGS, INC.'s filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed lineValue% of assetsSource
Total assets$4.2M100%
Cash and equivalents$258361%
Stockholders’ equity$2.2M53%
Source: · event Apr 30, 2023 · retrieved Jul 26, 2026 · annual-row source set

Flagship explainer

What drives VERDE BIO HOLDINGS, INC.’s return on equity?

One or more filed inputs needed for the five-factor decomposition are unavailable.

DuPont source inputs
InputValueFiscal yearSource
Net income−$1.9MFY2023
Income before tax−$1.8MFY2023
Operating income−$1.6MFY2023
RevenueUnavailableFY2023
Ending assets$4.2MFY2023
Beginning assets$5.1MFY2022
Ending equity$2.2MFY2023
Beginning equity$3.6MFY2022
Source: · event Apr 30, 2023 · retrieved Jul 26, 2026 · annual-row source set

Flagship explainer

Where VERDE BIO HOLDINGS, INC.'s cash went

VERDE BIO HOLDINGS, INC.’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed lineValue% of cash from operationsSource
Cash from operations−$872226−100%
Depreciation and amortization$615837%
Source: · event Apr 30, 2023 · retrieved Jul 26, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding VERDE BIO HOLDINGS, INC.

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited0 not holding0/19 resolved19 not retrieved

Named manager positions and quarter-over-quarter changes
ManagerReported positionQuarter-over-quarterFiling accession
Abrams CapitalNot retrievedComparison not retrievedFiling not retrieved
Akre CapitalNot retrievedComparison not retrievedFiling not retrieved
Baupost GroupNot retrievedComparison not retrievedFiling not retrieved
Berkshire HathawayNot retrievedComparison not retrievedFiling not retrieved
Brave Warrior AdvisorsNot retrievedComparison not retrievedFiling not retrieved
Dodge & CoxNot retrievedComparison not retrievedFiling not retrieved
First EagleNot retrievedComparison not retrievedFiling not retrieved
FundsmithNot retrievedComparison not retrievedFiling not retrieved
Gardner Russo & QuinnNot retrievedComparison not retrievedFiling not retrieved
Gates Foundation TrustNot retrievedComparison not retrievedFiling not retrieved
Mairs & PowerNot retrievedComparison not retrievedFiling not retrieved
Markel / Markel-GaynerNot retrievedComparison not retrievedFiling not retrieved
Oakmark / Harris AssociatesNot retrievedComparison not retrievedFiling not retrieved
Pershing SquareNot retrievedComparison not retrievedFiling not retrieved
Polen CapitalNot retrievedComparison not retrievedFiling not retrieved
Sequoia / Ruane CunniffNot retrievedComparison not retrievedFiling not retrieved
Southeastern Asset ManagementNot retrievedComparison not retrievedFiling not retrieved
Tweedy, BrowneNot retrievedComparison not retrievedFiling not retrieved
Yacktman Asset ManagementNot retrievedComparison not retrievedFiling not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source: Filing source not retrieved · event Jun 30, 2026 · retrieved Jul 26, 2026

Flagship explainer

What VERDE BIO HOLDINGS, INC. insiders reported

The complete Form 4 source snapshot retrieved on Aug 31, 2026 contains no transaction rows.

Verified empty: the retrieved source snapshot contains no transaction event.

Source snapshot retrieved 2026-08-31T07:00:02.323Z · SEC Form 4

Moat Score history

15 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale25.5 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026Jul 26, 2026

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

  1. Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
  2. Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
  3. 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.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

No reported Form 4 transactions were found in the complete checked issuer window for APHD, . The totals and cluster result below are arithmetic over that certified window.

$0
P purchases minus S sales only, Aug 31, 2025Aug 31, 2026.
0 P / 0 S
Only P and S are included; awards, gifts, exercises, withholding, and other mechanics are excluded.
No
Requires at least 3 distinct insiders with P purchases.

Transaction-code histogram

Supporting event counts for the same certified window, Aug 31, 2025Aug 31, 2026.

P
0
S
0
A
0
F
0
M
0
G
0
C
0
J
0
W
0

Retrieved .

Track record

How VERDE BIO HOLDINGS, INC.’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.

Point-in-time scores 20112025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

Point-in-time 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 APHD on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatPoint-in-time Moat Score0.10.20.5125102050100Indexed price · log scale (2012 = 100)201120142017202020232026

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 price path is a total-return (dividends reinvested) index built from the same data the forward returns use; 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, APHD 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.

Materials context

#262 of 309 scored Materials companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #260PTEN PATTERSON UTI ENERGY INC26.0 out of 100, No moatNo moat
  2. #261DSS DSS, INC.25.9 out of 100, No moatNo moat
  3. #263MBC MasterBrand, Inc.25.5 out of 100, No moatNo moat
  4. #264LEG LEGGETT & PLATT INC25.4 out of 100, No moatNo moat

Compare APHD with its nearest peersAll Materials companies on the Index →

Common questions about APHD

Does VERDE BIO HOLDINGS, INC. have an economic moat?
Based on its FY2023 SEC filings, the Moat Index scores VERDE BIO HOLDINGS, INC. (APHD) 25.5 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 not measurable from the filings, pricing power 50, returns on capital 0, balance-sheet safety 28, capital allocation 24.
How has APHD's Moat Score changed over time?
The record logs 15 readings since Jul 17, 2026; the latest reads 25.5 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.