THE MARYGOLD COMPANIES, INC.
MGLD · Other · $42.8M mkt cap · FY2025 filings · · Shallow moat ·
Price verdict withheld — value if growth stopped today unreliable
The five investor questions
2022–2025 (latest 4 aligned FYs; v3 window cap 5): revenue $37.8M to $30.2M, decreasing; diluted EPS 0.03 to -0.14, decreasing. Latest-filed diluted EPS remains usable for Business Trend, but an integer share-count change lacks enough evidence to confirm a comparable EPS basis; valuation growth therefore stays at 0%.
Median gross margin 75.7% over 10y, very stable.
Median ROIC 12.6%, above the 12% hurdle in 50% of years.
Net debt/EBITDA n/ax, interest coverage -6x.
Owner earnings changed trend unclear over up to the ten most recent annual observations.
Price vs. value if growth stopped today
A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.
- $1.1M
- $0.30
- $0.30
- $1.00
- 236% above value if growth stopped today
What today’s price assumes: owner earnings growing ~27%/yr over 5 years. The zero-growth estimate assumes owner earnings stay flat (0% growth).
How to read this
We solve for the constant annual change in owner earnings that would make the five-year zero-growth estimate equal today’s price. This keeps the existing model inputs and calculation unchanged; it is an expectations lens, not a forecast.
This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. MGLD revenue fell in each of the three most recent year-over-year FY comparisons, so this estimate is flagged as unreliable for this company.
Among the current top-score group, the median current price is 238% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.
Score records captured Sep 4, 2026.
Exactly which 50 companies?
FTNT, META, MEDP, IBEX, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, CPRT, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, INTU, DECK, MORN, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE
Missing a usable price or zero-growth estimate: ANF.
Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.
16 years of fundamentals
The business, in plain English
THE MARYGOLD COMPANIES, INC. booked $30.2M of revenue in FY2025 in the Other sector and kept 72.5% of it as gross profit — a high-margin business by that measure. After every other cost, −19.3% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $945741 (FY2011) to $30.2M (FY2025) — about 28.1% a year compounded over 14 years.
It earned −29.4% on invested capital in the latest filed year, FY2025. Across the full 10-year measurable filed record, median ROIC was 12.6%. Over the v3 recent window (10 measurable filed years), median ROIC was 12.6%. The Returns on Capital filter above scores it 50/100.
MGLD's latest filed year, FY2025, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.
Put together: Pricing Power is the strongest of the five filters (95/100) and Business Trend the weakest (7/100), which is how MGLD lands at 41/100 — a Shallow moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Exact FY and FY-1 financing invested-capital inputs are required.
Exact FY and FY-1 financing invested-capital inputs are required.
The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Visual explainers
The filing-backed explainer service is temporarily unavailable, so no partial or guessed chart is shown.
Moat Score history
Score history begins Sep 4, 2026 — the record builds forward from here.
Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars
None yet — MGLD has read Shallow moat for every logged capture since Sep 4, 2026.
Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.
Insider activity
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.
Records still being gathered — partial as of retrieval Sep 5, 2026.
Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.
No reported Form 4 rows were captured for MGLD; the incomplete walk cannot establish zero activity, zero counts, or a negative cluster result.
A filing source-event date will appear when a Form 4 row is captured.
Retrieved .
Other context
#54 of 99 scored Other companies, ranked by Moat Score.
Nearest peers by Moat Score
- #52CRSF Crisp Momentum Inc.42.4 out of 100, Shallow moatShallow moat
- #53HUT Hut 8 Corp.41.7 out of 100, Shallow moatShallow moat
- #55SDEV STABLECOIN DEVELOPMENT CORPORATION40.7 out of 100, Shallow moatShallow moat
- #56DOMH DOMINARI HOLDINGS INC.39.8 out of 100, No moatNo moat
Compare MGLD with its nearest peers →All Other companies on the Index →
Common questions about MGLD
- Does THE MARYGOLD COMPANIES, INC. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores THE MARYGOLD COMPANIES, INC. (MGLD) 40.8 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 7, pricing power 95, returns on capital 50, balance-sheet safety 28, capital allocation 24.
- Is MGLD trading below the conservative owner-earnings estimate?
- The value if growth stopped today — a zero-growth baseline — is $0.30 per share. It capitalizes normalized owner earnings at a 9% rate and assumes 0% growth. Versus a recent price of $1.00, that is 236% above value if growth stopped today. The model also publishes a capped-growth comparison, but the zero-growth estimate is the cautious baseline. It assumes trailing owner earnings persist and is unreliable for declining businesses. This is an educational estimate from primary SEC filings, not intrinsic value as a fact or investment advice.
- How has MGLD's Moat Score changed over time?
- The record logs 1 reading since Sep 4, 2026; the latest reads 40.8 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.