Daxor Corporation

DXR · $45.8M mkt cap · FY2011 filings · No moat ·

Doesn't clear the bar

No moat
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The five investor questions

Revenue & EPS trend0

2010–2011: revenue 1579257.00 to 1446345.00, decreasing; diluted EPS 1.17 to -1.70, decreasing. Two-year history is scoreable but carries less confidence than a full-cycle record.

Pricing power91

Median gross margin 54.4% over 2y, very stable.

Returns on capital0

Median ROIC -10.2%, above the 12% hurdle in 0% of years.

Balance-sheet safety55

Net cash position — no leverage risk.

Capital discipline45

Owner earnings trend unclear, share count flat.

Price vs. owner-earnings value range

Above estimateBelow estimate
No price data
Owner earnings (normalized)
Value range / share
Conservative high estimate / share
Recent price
$10.91
Price vs. high estimate
No price data

Conservative range under moat-index@2.0.0: low end 11.1×, high end capped at 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.

3 years of fundamentals

The business, in plain English

Daxor Corporation booked $1.4M of revenue in FY2011 and kept 54.9% of it as gross profit — a solid-margin business by that measure. After every other cost, −496.8% of each revenue dollar reached the bottom line.

DXR's filings don't disclose total debt in a form the methodology can use, so leverage is treated as unmeasured — never assumed to be zero.

Put together: Pricing Power is the strongest of the five filters (91/100) and Business Trend the weakest (0/100), which is how DXR lands at 38/100 — a None moat.

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–FY2011 · 3 fiscal years, normalized from DXR’s SEC filings

RevenueSales, as filed$1.4M FY2011
$0$1M200920102011
Gross marginRevenue kept after cost of goods54.9% FY2011
0%20%40%200920102011
Return on invested capitalOperating profit on the capital employed−12.6% FY2011
−10%−5%0%200920102011
Owner earningsCash an owner could take out−$7.0M FY2011
−$5M$0$5M200920102011

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

Moat Score history

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

Moat Score over timeLast scored reading of each day, on the 0–100 scale38.3 / 100
0406080100WideNarrowShallowNo moatJul 20, 2026Jul 21, 2026

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

  1. 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 can’t be backfilled, which is exactly why it’s worth keeping.

Track record

How Daxor Corporation’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.

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

As-of 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 DXR on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score50100Indexed 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, DXR 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.

Common questions about DXR

Does Daxor Corporation have an economic moat?
Based on its FY2011 SEC filings, the Moat Index scores Daxor Corporation (DXR) 38.3 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 0, pricing power 91, returns on capital 0, balance-sheet safety 55, capital discipline 45.
How has DXR's Moat Score changed over time?
The record logs 8 readings since Jul 17, 2026; the latest reads 38.3 out of 100 (no moat). No tier changes on record yet. (A methodology upgrade on Jul 20, 2026 re-based the score; readings across engine versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.
Daxor Corporation (DXR) Moat Score — The Moat Index · Buy Like Buffett