FUTUREFUEL CORP.
FF · Materials · $210.5M mkt cap · FY2025 filings · No moat ·
Doesn't clear the bar
The four filters
Median gross margin 9.6% over 10y, variable.
Median ROIC 14.6%, above the 9% hurdle in 60% of years.
Net debt/EBITDA n/ax, interest coverage -346x.
Owner earnings trend unclear, share count flat.
Margin of safety
- Owner earnings (normalized)
- $10.4M
- Est. intrinsic value / share
- $2.64
- Recent price
- $4.80
- Discount to value
- 82% 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 FF 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 — FF 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.
Materials context
#135 of 214 scored Materials companies, ranked by Moat Score.
Nearest peers by Moat Score
- #133METC RAMACO RESOURCES, INC.33.8 out of 100, No moatNo moat
- #134PRPL PURPLE INNOVATION, INC.33.7 out of 100, No moatNo moat
- #136NPO ENPRO INC32.8 out of 100, No moatNo moat
- #137PRM PERIMETER SOLUTIONS, INC.32.8 out of 100, No moatNo moat
Compare FF with its nearest peers →All Materials companies on the Index →
Common questions about FF
- Does FUTUREFUEL CORP. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores FUTUREFUEL CORP. (FF) 33.0 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 0, returns on capital 63, balance-sheet safety 28, capital discipline 43.
- Is FF 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 $2.64 per share versus a recent price of $4.80 — 82% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
- How has FF's Moat Score changed over time?
- The record logs 2 readings since Jul 17, 2026; the latest reads 33.0 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.