Buy Like Buffett

The Moat Index

Rubber Leaf Inc

RLEA · Consumer Discretionary · FY2025 filings · No moat ·

Doesn't clear the bar

17/ 100
No moat

The four filters

Pricing power0

Median gross margin -25.5% over 5y, variable.

Returns on capital12

Median ROIC -76.3%, above the 9% hurdle in 33% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage 0x.

Capital discipline38

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
—
Discount to value
No price data

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

6 years of fundamentals

The business, in plain English

Rubber Leaf Inc booked $4.9M of revenue in FY2025 in the Consumer Discretionary sector and kept 16.2% of it as gross profit — a thin-margin business by that measure. After every other cost, 58.5% of each revenue dollar reached the bottom line.

It earned −516.3% on invested capital in FY2025, with a median of −76.3% across 3 filed years. The Returns on Capital filter above scores it 12/100.

The balance sheet carried $2.4M of total debt in FY2022. Balance-Sheet Safety scores it 28/100.

Put together: Capital Discipline is the strongest of the four filters (38/100) and Pricing Power the weakest (0/100), which is how RLEA lands at 17/100 — 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.

FY2020–FY2025 · 6 fiscal years, normalized from RLEA’s SEC filings

RevenueSales, as filed$4.9M FY2025
$0$2M$4M2020202220242025
Gross marginRevenue kept after cost of goods16.2% FY2025
−10000%0%2020202220242025
Return on invested capitalOperating profit on the capital employed−516.3% FY2025
−500%−250%0%2020202220242025
Owner earningsCash an owner could take out−$2.2M FY2024
−$2M$02020202220242025

Gaps in a line mean that item isn’t in RLEA’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

1 logged reading since Jul 18, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale16.7 / 100
0406080100WideNarrowShallowNo moatJul 18, 2026

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 — RLEA 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 Rubber Leaf 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.

As-of scores 2022–2025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

As-of Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored RLEA on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score100Indexed price · log scale 2022202320242025

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 indexed price path isn't available for this company yet; 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, RLEA 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

#329 of 359 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #327EVH Evolent Health, Inc.16.9No moat
  2. #328AIRI AIR INDUSTRIES GROUP16.8No moat
  3. #330UHAL U-HAUL HOLDING COMPANY16.5No moat
  4. #331CVS CVS HEALTH Corp16.5No moat

Compare RLEA with its nearest peers →All Consumer Discretionary companies on the Index →

Common questions about RLEA

Does Rubber Leaf Inc have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Rubber Leaf Inc (RLEA) 16.7 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 0, returns on capital 12, balance-sheet safety 28, capital discipline 38.
How has RLEA's Moat Score changed over time?
The record logs 1 reading since Jul 18, 2026; the latest reads 16.7 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 RLEA’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/RLEA"
  width="340" height="150" style="border:0"
  title="RLEA 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 RLEA. See the disclaimer.