The Moat Index

LIFEWAY FOODS, INC.

LWAY · Consumer Staples · $486.7M mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

52/ 100
Shallow moat

The four filters

Pricing power39

Median gross margin 25.9% over 10y, stable.

Returns on capital26

Median ROIC 8.5%, above the 9% hurdle in 30% of years.

Balance-sheet safety73

Net debt/EBITDA n/ax, interest coverage 210x.

Capital discipline91

Owner earnings +16.6%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale
200% above value
Owner earnings (normalized)
$9.0M
Est. intrinsic value / share
$10.67
Recent price
$31.95
Discount to value
200% above value

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

Fundamentals

There's no normalized fundamentals series for LWAY yet — it appears once ingest has processed its filings.

Moat Score history

2 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale52.1 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

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 — LWAY has read Shallow 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.

Consumer Staples context

#23 of 66 scored Consumer Staples companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #21GIS GENERAL MILLS, INC.56.5 out of 100, Shallow moatShallow moat
  2. #22TR TOOTSIE ROLL INDUSTRIES INC54.8 out of 100, Shallow moatShallow moat
  3. #24JJSF J&J SNACK FOODS CORP.52.0 out of 100, Shallow moatShallow moat
  4. #25STZ CONSTELLATION BRANDS, INC.49.1 out of 100, Shallow moatShallow moat

Compare LWAY with its nearest peersAll Consumer Staples companies on the Index →

Common questions about LWAY

Does LIFEWAY FOODS, INC. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores LIFEWAY FOODS, INC. (LWAY) 52.1 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 39, returns on capital 26, balance-sheet safety 73, capital discipline 91.
Is LWAY stock trading below its intrinsic value?
Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $10.67 per share versus a recent price of $31.95 — 200% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has LWAY's Moat Score changed over time?
The record logs 2 readings since Jul 17, 2026; the latest reads 52.1 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
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LIFEWAY FOODS, INC. (LWAY) Moat Score — The Moat Index · Buy Like Buffett