ASURE SOFTWARE, INC.
ASUR · Technology · $228.5M mkt cap · FY2025 filings · Shallow moat ·
Doesn't clear the bar
The four filters
Median gross margin 63.7% over 8y, stable.
Median ROIC -4.4%, above the 9% hurdle in 0% of years.
Net debt/EBITDA 2.4x, interest coverage -2x.
Owner earnings +21.3%/yr, share count growing (dilution).
Margin of safety
- Owner earnings (normalized)
- $9.7M
- Est. intrinsic value / share
- $3.83
- Recent price
- $8.14
- Discount to value
- 113% above value
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Fundamentals
There's no normalized fundamentals series for ASUR yet — it appears once ingest has processed its filings.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — ASUR has read Shallow moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Technology context
#267 of 532 scored Technology companies, ranked by Moat Score.
Nearest peers by Moat Score
- #265GTM ZoomInfo Technologies Inc.43.7 out of 100, Shallow moatShallow moat
- #266BLND BLEND LABS, INC.43.7 out of 100, Shallow moatShallow moat
- #268AAQL Antiaging Quantum Living Inc.43.6 out of 100, Shallow moatShallow moat
- #269HUBS HUBSPOT INC43.5 out of 100, Shallow moatShallow moat
Compare ASUR with its nearest peers →All Technology companies on the Index →
Common questions about ASUR
- Does ASURE SOFTWARE, INC. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores ASURE SOFTWARE, INC. (ASUR) 43.6 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 90, returns on capital 0, balance-sheet safety 23, capital discipline 60.
- Is ASUR stock trading below its intrinsic value?
- Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $3.83 per share versus a recent price of $8.14 — 113% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
- How has ASUR's Moat Score changed over time?
- The record logs 2 readings since Jul 17, 2026; the latest reads 43.6 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.