Columbus McKinnon Corporation
CMCO · Industrials · $412.8M mkt cap · FY2026 filings · No moat ·
Doesn't clear the bar
The four filters
Median gross margin 34.4% over 10y, very stable.
Median ROIC 5.8%, above the 9% hurdle in 10% of years.
Net debt/EBITDA n/ax, interest coverage -2x.
Owner earnings trend unclear, share count growing (dilution).
Margin of safety
- 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
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
- #206SUNE SUNATION ENERGY, INC.29.3 out of 100, No moatNo moat
- #207PYYX Pyxus International, Inc.29.2 out of 100, No moatNo moat
- #209MTRN MATERION CORPORATION29.1 out of 100, No moatNo moat
- #210WHR WHIRLPOOL CORP /DE/29.0 out of 100, No moatNo moat
Compare CMCO with its nearest peers →All 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.