Maison Solutions Inc.
MSS · Consumer Discretionary · FY2025 filings · No moat ·
Doesn't clear the bar
The four filters
Median gross margin 20.6% over 4y, very stable.
Median ROIC -13.7%, above the 9% hurdle in 0% of years.
Net debt/EBITDA n/ax, interest coverage -1x.
Owner earnings +5.6%/yr, share count growing (dilution).
Margin of safety
- Owner earnings (normalized)
- $1.1M
- Est. intrinsic value / share
- —
- Recent price
- $0.56
- Discount to value
- No price data
Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
5 years of fundamentals
The business, in plain English
Maison Solutions Inc. booked $124.2M of revenue in FY2025 in the Consumer Discretionary sector and kept 21.2% of it as gross profit — a moderate-margin business by that measure. After every other cost, 0.9% of each revenue dollar reached the bottom line.
The balance sheet carried $2.6M of total debt in FY2025 against $1.2M of owner earnings — roughly 2.2 years of owner earnings to retire it all. Balance-Sheet Safety scores it 28/100.
Put together: Capital Discipline is the strongest of the four filters (37/100) and Returns on Capital the weakest (0/100), which is how MSS lands at 24/100 — a None 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.
Gaps in a line mean that item isn’t in MSS’s 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.
Moat Score history
Score history begins Jul 18, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — MSS has read No moat for every logged capture since Jul 18, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Track record
How Maison Solutions Inc.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.
How to read this: each dot is what the engine would have scored MSS on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.
Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.
What followed, in the years it rated Wide
In the reconstructed history shown, MSS did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.
Consumer Discretionary context
#300 of 359 scored Consumer Discretionary companies, ranked by Moat Score.
Nearest peers by Moat Score
- #298MG Mistras Group, Inc.24.3 out of 100, No moatNo moat
- #299ATRO ASTRONICS CORPORATION23.6 out of 100, No moatNo moat
- #301GXXM GEX MANAGEMENT INC.23.5 out of 100, No moatNo moat
- #302BOXL BOXLIGHT CORPORATION23.4 out of 100, No moatNo moat
Compare MSS with its nearest peers →All Consumer Discretionary companies on the Index →
Common questions about MSS
- Does Maison Solutions Inc. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores Maison Solutions Inc. (MSS) 23.6 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 35, returns on capital 0, balance-sheet safety 28, capital discipline 37.
- How has MSS's Moat Score changed over time?
- The record logs 1 reading since Jul 18, 2026; the latest reads 23.6 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.