Energy Focus, Inc. EFOI

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
22/100
Weak

About Energy Focus, Inc.

Energy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems and controls in the United States and internationally. It offers military maritime markets light-emitting diode (LED) lighting products, such as Intellitube and Invisitube retrofit LEDs; and military-grade LED fixtures comprising globe lights, berth lights, and high-bay kits to serve the United States navy and … Full EFOI analysis →

Competitive advantage assessment

Key strengths

  • Operating Leverage in Effect Operating leverage is evident (score 1.00), with margins expanding over time.
  • Strong Liquidity Buffer Liquidity position is strong (score 1.00), providing operational cushion.

Key risks

  • Commodity Pressure / Weak Differentiation Gross margin at 13.3th percentile with high volatility suggests weak pricing power or commoditized products.
  • ROIC Below WACC or Peers ROIC at 20.0th percentile suggests inefficient capital deployment.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Weak
4

Where EFOI ranks in Furnishings, Fixtures & Appliances

Energy Focus, Inc. ranks #29 of 34 scored companies in Furnishings, Fixtures & Appliances by moat score — the top 85%. The widest moat in the group is SharkNinja, Inc. (SN) at 81/100.

Moat scores for companies ranked near EFOI in Furnishings, Fixtures & Appliances
# Company Moat score Rating
25 Orion Energy Systems, Inc. OESX 29/100 Developing
26 Sleep Number Corporation SNBR 29/100 Developing
27 iRobot Corporation IRBT 25/100 Weak
28 Purple Innovation, Inc. PRPL 23/100 Weak
29 Energy Focus, Inc. EFOI 22/100 Weak
30 Aterian, Inc. ATER 20/100 Weak
31 Northann Corp. NCL 10/100 Weak
32 Nova Lifestyle, Inc NVFY 0/100 Weak
33 Steelcase Inc. SCS 0/100 Weak

See every General Corporate company ranked by moat score →

How EFOI scores on the Corporate Default defenses

Pricing Power

Score 4 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 20 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 25 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 11 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 34 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 46 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding EFOI's moat

What is Energy Focus, Inc.'s moat score?

Energy Focus, Inc. (EFOI) scores 22 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #29 of 34 scored companies in Furnishings, Fixtures & Appliances, the top 85%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 33 companies in Furnishings, Fixtures & Appliances. Its strongest defense is Scale & Market Position (46/100) and its weakest is Pricing Power (4/100).

How does Energy Focus, Inc. compare with other Furnishings, Fixtures & Appliances companies?

Energy Focus, Inc. ranks #29 of 34 scored companies in Furnishings, Fixtures & Appliances by moat score. The widest moat in Furnishings, Fixtures & Appliances is SharkNinja, Inc. (SN) at 81/100. The companies ranked closest are Purple Innovation, Inc. (PRPL) at 22 just above it and Aterian, Inc. (ATER) at 20 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 33 companies in Furnishings, Fixtures & Appliances. The defenses are then weighted to produce the overall score out of 100.

Why is Energy Focus, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Energy Focus, Inc.?

The Corporate Default template measures 6 defenses, and EFOI scores: Pricing Power (4), Cost Advantage (20), Customer Stickiness (25), Capital Efficiency (11), Resilience (34), Scale & Market Position (46). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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