Genie Energy Ltd.

GNE · Utilities · $370.8M mkt cap · FY2025 filings · Narrow moat

On the watchlist

Narrow moat

The four filters

Pricing power27

Median gross margin 32.5% over 10y, variable.

Returns on capital93

Median ROIC 29.7%, above the 9% hurdle in 80% of years.

Balance-sheet safety100

Net cash position — no leverage risk.

Capital discipline32

Owner earnings trend unclear, share count growing (dilution).

Margin of safety

Above valueOn sale

6% below value

Owner earnings (normalized): $35.5M
Est. intrinsic value / share: $14.87
Recent price: $13.97
Discount to value: 6% below value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Moat Score history

Score history begins 2026-07-17. Check back as the record builds.

Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.

Embed this score on your site

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

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