Does ESPEY MFG. & ELECTRONICS CORP. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores ESPEY MFG. & ELECTRONICS CORP. (ESP) 38.7 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 11, returns on capital 33, balance-sheet safety 100, capital discipline 28.

Is ESP 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 $3.69 per share versus a recent price of $57.32 — 1454% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has ESP's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 38.7 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

ESPEY MFG. & ELECTRONICS CORP.

ESP · Technology · $166.0M mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power11

Median gross margin 21.8% over 10y, variable.

Returns on capital33

Median ROIC 8.5%, above the 9% hurdle in 50% of years.

Balance-sheet safety100

Net cash position — no leverage risk.

Capital discipline28

Owner earnings +3.0%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale

1454% above value

Owner earnings (normalized): $961566
Est. intrinsic value / share: $3.69
Recent price: $57.32
Discount to value: 1454% above 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 ESP yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale38.7 / 100

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 — ESP 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.

Technology context

#331 of 532 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

#329ASFH ASIAFIN HOLDINGS CORP.38.9 out of 100, No moatNo moat
#330PD PAGERDUTY, INC.38.8 out of 100, No moatNo moat
#332RBBN RIBBON COMMUNICATIONS INC.38.6 out of 100, No moatNo moat
#333INSG INSEEGO CORP.38.3 out of 100, No moatNo moat

Compare ESP with its nearest peers →All Technology companies on the Index →

Common questions about ESP

Does ESPEY MFG. & ELECTRONICS CORP. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores ESPEY MFG. & ELECTRONICS CORP. (ESP) 38.7 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 11, returns on capital 33, balance-sheet safety 100, capital discipline 28.
Is ESP 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 $3.69 per share versus a recent price of $57.32 — 1454% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has ESP's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 38.7 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

Embed this score on your site

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

<iframe
  src="https://buylikebuffett.com/embed/ESP"
  width="340" height="150" style="border:0"
  title="ESP 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 ESP. See the disclaimer.