The Moat Index

MANNATECH INC

MTEX · Healthcare · $7.9M mkt cap · FY2025 filings · Narrow moat

On the watchlist

74/ 100
Narrow moat

The four filters

Pricing power100

Median gross margin 78.3% over 10y, very stable.

Returns on capital84

Median ROIC 64.0%, above the 9% hurdle in 56% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -1x.

Capital discipline64

Owner earnings trend unclear, share count shrinking (buybacks).

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
Est. intrinsic value / share
Recent price
$4.16
Discount to value
No price data

Conservative model: 9% discount rate, 0% 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.

Embed this score on your site

One iframe, no script. The badge shows MTEX’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/MTEX"
  width="340" height="150" style="border:0"
  title="MTEX Moat Score — The Moat Index"
  loading="lazy"></iframe>
MANNATECH INC (MTEX) Moat Score — The Moat Index · Buy Like Buffett