The Moat Index

Columbus McKinnon Corporation

CMCO · Industrials · $412.8M mkt cap · FY2026 filings · No moat ·

Doesn't clear the bar

29/ 100
No moat

The four filters

Pricing power56

Median gross margin 34.4% over 10y, very stable.

Returns on capital7

Median ROIC 5.8%, above the 9% hurdle in 10% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -2x.

Capital discipline24

Owner earnings trend unclear, share count growing (dilution).

Margin of safety

Above valueOn sale
36% below value
Owner earnings (normalized)
$58.5M
Est. intrinsic value / share
$22.60
Recent price
$14.36
Discount to value
36% below 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 CMCO yet — it appears once ingest has processed its filings.

Moat Score history

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

Moat Score over timeLast scored reading of each day, on the 0–100 scale29.2 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

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 — CMCO has read No 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.

Industrials context

#208 of 309 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #206SUNE SUNATION ENERGY, INC.29.3 out of 100, No moatNo moat
  2. #207PYYX Pyxus International, Inc.29.2 out of 100, No moatNo moat
  3. #209MTRN MATERION CORPORATION29.1 out of 100, No moatNo moat
  4. #210WHR WHIRLPOOL CORP /DE/29.0 out of 100, No moatNo moat

Compare CMCO with its nearest peersAll Industrials companies on the Index →

Common questions about CMCO

Does Columbus McKinnon Corporation have an economic moat?
Based on its FY2026 SEC filings, the Moat Index scores Columbus McKinnon Corporation (CMCO) 29.2 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 56, returns on capital 7, balance-sheet safety 28, capital discipline 24.
Is CMCO 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 $22.60 per share versus a recent price of $14.36 — 36% below value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has CMCO's Moat Score changed over time?
The record logs 2 readings since Jul 17, 2026; the latest reads 29.2 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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