INNOVATIVE SOLUTIONS AND SUPPORT, INC.
ISSC · Technology · $333.0M mkt cap · FY2025 filings · Narrow moat
On the watchlist
The four filters
Pricing power85
Median gross margin 55.2% over 10y, stable.
Returns on capital60
Median ROIC 12.3%, above the 9% hurdle in 80% of years.
Balance-sheet safety67
Net debt/EBITDA 0.9x, interest coverage 12x.
Capital discipline72
Owner earnings +24.8%/yr, share count growing (dilution).
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $6.4M
- Est. intrinsic value / share
- $6.51
- Recent price
- $18.73
- Discount to value
- 188% above value
Conservative model: 9% discount rate, 4% 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.