Does ONAR Holding Corporation have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores ONAR Holding Corporation (ONAR) 26.4 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 18, returns on capital 18, balance-sheet safety 55, capital discipline 24.

How has ONAR's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 26.4 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

ONAR Holding Corporation

ONAR · Technology · $266188 mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power18

Median gross margin 26.5% over 10y, variable.

Returns on capital18

Median ROIC -122.4%, above the 9% hurdle in 50% of years.

Balance-sheet safety55

Net cash position — no leverage risk.

Capital discipline24

Owner earnings trend unclear, share count growing (dilution).

Margin of safety

Above valueOn sale

No price data

Owner earnings (normalized): —
Est. intrinsic value / share: —
Recent price: $0.00
Discount to value: No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

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

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale26.4 / 100

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 — ONAR has read No 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.

Technology context

#447 of 532 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

#445ONDS Ondas Inc.26.8 out of 100, No moatNo moat
#446TCX TUCOWS INC /PA/26.6 out of 100, No moatNo moat
#448CTOS Custom Truck One Source, Inc.26.3 out of 100, No moatNo moat
#449UCTT Ultra Clean Holdings, Inc.26.2 out of 100, No moatNo moat

Compare ONAR with its nearest peers →All Technology companies on the Index →

Common questions about ONAR

Does ONAR Holding Corporation have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores ONAR Holding Corporation (ONAR) 26.4 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 18, returns on capital 18, balance-sheet safety 55, capital discipline 24.
How has ONAR's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 26.4 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

Embed this score on your site

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

<iframe
  src="https://buylikebuffett.com/embed/ONAR"
  width="340" height="150" style="border:0"
  title="ONAR Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell ONAR. See the disclaimer.