IT TECH PACKAGING, INC.
ITP · Materials · $1.9M mkt cap · FY2024 filings · No moat ·
Doesn't clear the bar
The four filters
Median gross margin 7.8% over 10y, variable.
Median ROIC -0.9%, above the 9% hurdle in 0% of years.
Net debt/EBITDA 0.4x, interest coverage -11x.
Owner earnings -11.0%/yr, share count growing (dilution).
Margin of safety
- Owner earnings (normalized)
- —
- Est. intrinsic value / share
- —
- Recent price
- $0.19
- Discount to value
- No price data
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 ITP 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 — ITP 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
#207 of 214 scored Materials companies, ranked by Moat Score.
Nearest peers by Moat Score
- #205URG UR-ENERGY INC.10.3 out of 100, No moatNo moat
- #206VRDR VERDE RESOURCES, INC.10.3 out of 100, No moatNo moat
- #208CLW Clearwater Paper Corp9.9 out of 100, No moatNo moat
- #209TROX TRONOX HOLDINGS PLC9.3 out of 100, No moatNo moat
Compare ITP with its nearest peers →All Materials companies on the Index →
Common questions about ITP
- Does IT TECH PACKAGING, INC. have an economic moat?
- Based on its FY2024 SEC filings, the Moat Index scores IT TECH PACKAGING, INC. (ITP) 10.0 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 0, balance-sheet safety 50, capital discipline 0.
- How has ITP's Moat Score changed over time?
- The record logs 2 readings since Jul 17, 2026; the latest reads 10.0 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.