Does Tinexta have an economic moat?
Not clearly
Tinexta earns 3.5% a year on the money invested in it, a return competitors could match.
The numbers behind it
Return on invested capital, average of recent years3.5%
Return on invested capital, latest year-5.7%
Gross margin66.5%Share of each sale left after production costs
Net margin-9.6%
How we decide
A moat shows up in the numbers as high returns that last. We call it likely when the average return on invested capital over recent years is at least 15% and the gross margin at least 40%, and possible from 10%. The numbers can't show where a moat comes from (brand, network, patents), only that one seems to exist.
More questions about Tinexta
Data as of Sep 4, 2026.