ENDI CORP.

ENDI · Other · FY2023 filings · Wide moat ·

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Wide moat
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The five investor questions

Revenue & EPS trend50

2021–2023: revenue 4287085.00 to 9587523.00, increasing; diluted EPS 2400000.00 to 0.46, decreasing.

Pricing power100

Median gross margin 98.6% over 3y, very stable.

Returns on capital

Not enough years of ROIC data to score returns on capital.

Balance-sheet safety100

Net cash position — no leverage risk.

Capital discipline80

Owner earnings +36.2%/yr, share count n/a.

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

Price vs. owner-earnings value range

Above estimateBelow estimate
No price data
Owner earnings (normalized)
$2.4M
Value range / share
Conservative high estimate / share
Recent price
$15.32
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.

4 years of fundamentals

The business, in plain English

ENDI CORP. booked $9.6M of revenue in FY2023 in the Other sector and kept 97.7% of it as gross profit — a high-margin business by that measure. After every other cost, 26.4% of each revenue dollar reached the bottom line.

ENDI'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.

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.

FY2020–FY2023 · 4 fiscal years, normalized from ENDI’s SEC filings

RevenueSales, as filed$9.6M FY2023
$0$5M$10M2020202120222023
Gross marginRevenue kept after cost of goods97.7% FY2023
0%50%100%2020202120222023
Return on invested capitalOperating profit on the capital employed12.1% FY2023
0%5%10%2020202120222023
Owner earningsCash an owner could take out$2.8M FY2023
$0$2M2020202120222023

Gaps in a line mean that item isn’t in ENDI’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

5 logged readings since Jul 18, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale82.5 / 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 ENDI CORP.’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 20222025, 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 ENDI on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score100200500Indexed price · log scale (2012 = 100)20222023202420252026

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 3 years ENDI rated Wide-moat (2023, 2024 and 2025), the median forward total return that followed — measured only after each year’s filings were public — was:

  • 1 year 113% vs the S&P 500’s 20% (price basis) · median over 2 years
  • 3 years None of the 3 years it rated Wide has a fully elapsed 3-year window with a benchmark to compare against yet.
  • 5 years None of the 3 years it rated Wide has a fully elapsed 5-year window with a benchmark to compare against yet.

These are medians computed from the data, not a claim about any one year. The company figures are total returns (dividends reinvested); the S&P 500 is the price-only ^GSPC index, which excludes dividends and so understates the index — the gap flatters the company. A quality rating is not a return forecast, and past returns don’t predict future ones. Educational only, not investment advice.

Other context

#6 of 45 scored Other companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #4HLI Houlihan Lokey, Inc.83.9 out of 100, Wide moatWide moat
  2. #5APAM Artisan Partners Asset Management Inc.83.9 out of 100, Wide moatWide moat
  3. #7VRTS VIRTUS INVESTMENT PARTNERS, INC.80.8 out of 100, Wide moatWide moat
  4. #8CNS COHEN & STEERS, INC.79.3 out of 100, Narrow moatNarrow moat

Compare ENDI with its nearest peersAll Other companies on the Index →

Common questions about ENDI

Does ENDI CORP. have an economic moat?
Based on its FY2023 SEC filings, the Moat Index scores ENDI CORP. (ENDI) 82.5 out of 100 — a Wide 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 50, pricing power 100, returns on capital not measurable from the filings, balance-sheet safety 100, capital discipline 80.
How has ENDI's Moat Score changed over time?
The record logs 5 readings since Jul 18, 2026; the latest reads 82.5 out of 100 (wide 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.
ENDI CORP. (ENDI) Moat Score — The Moat Index · Buy Like Buffett