NEW MOMENTUM CORPORATION
NNAX · Consumer Discretionary · $82586 mkt cap · FY2024 filings · · No moat ·
Price verdict withheld — value if growth stopped today unreliable
The five investor questions
2023–2024 (latest 2 aligned FYs; v3 window cap 5): revenue $182452 to $6, decreasing; diluted EPS 0.00 to 0.00, flat. Two-year history is scoreable but carries less confidence than a full-cycle record.
Median gross margin 1.6% over 6y, variable.
Median ROIC -23.9%, above the 12% hurdle in 0% of years.
Net debt/EBITDA n/ax, interest coverage -145x.
Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.
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.
- Not reported
- Unavailable — insufficient owner-earnings data
- Unavailable — insufficient growth-model data
- $0.00
- No price data
This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. NNAX 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.
26 years of fundamentals
The business, in plain English
NEW MOMENTUM CORPORATION booked $6 of revenue in FY2024 in the Consumer Discretionary sector and kept 100.0% of it as gross profit — a high-margin business by that measure. After every other cost, −2381333.3% of each revenue dollar reached the bottom line.
ROIC is not available for the latest filed year, FY2024. Across the full 3-year measurable filed record, median ROIC was −23.9%. Over the v3 recent window (3 measurable filed years), median ROIC was −23.9%. The Returns on Capital filter above scores it 0/100.
NNAX's latest filed year, FY2024, 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: Capital Allocation is the strongest of the five filters (44/100) and Pricing Power the weakest (0/100), which is how NNAX lands at 18/100 — 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.
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
Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.
Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars
- Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
- Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
- Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 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.
The insider-filing service is temporarily unavailable, so no partial or guessed answer is shown for NNAX.
Consumer Discretionary context
#473 of 486 scored Consumer Discretionary companies, ranked by Moat Score.
Nearest peers by Moat Score
- #471RMSL REMSLEEP HOLDINGS, INC.19.5 out of 100, No moatNo moat
- #472CULP Culp, Inc.18.7 out of 100, No moatNo moat
- #474GFLT GenFlat Holdings, Inc.18.3 out of 100, No moatNo moat
- #475AMZE Amaze Holdings, Inc.17.8 out of 100, No moatNo moat
Compare NNAX with its nearest peers →All Consumer Discretionary companies on the Index →
Common questions about NNAX
- Does NEW MOMENTUM CORPORATION have an economic moat?
- Based on its FY2024 SEC filings, the Moat Index scores NEW MOMENTUM CORPORATION (NNAX) 18.3 out of 100 — below the Shallow-moat bar, so no 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 20, pricing power 0, returns on capital 0, balance-sheet safety 28, capital allocation 44.
- How has NNAX's Moat Score changed over time?
- The record logs 16 readings since Jul 17, 2026; the latest reads 18.3 out of 100 (no moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.