BLUE BIRD CORPORATION

BLBD · Consumer Discretionary · $2.5B mkt cap · FY2025 filings · Shallow moat

Doesn't clear the bar

Shallow moat

The four filters

Pricing power0

Median gross margin 12.6% over 10y, variable.

Returns on capital93

Median ROIC 69.5%, above the 9% hurdle in 80% of years.

Balance-sheet safety100

Net cash position — no leverage risk.

Capital discipline60

Owner earnings +38.3%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale

338% above value

Owner earnings (normalized): $31.3M
Est. intrinsic value / share: $17.65
Recent price: $77.39
Discount to value: 338% above value

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

Moat Score history

Score history begins 2026-07-17. Check back as the record builds.

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

Embed this score on your site

One iframe, no script. The badge shows BLBD’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/BLBD"
  width="340" height="150" style="border:0"
  title="BLBD Moat Score — The Moat Index"
  loading="lazy"></iframe>

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