The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
AMR · Materials · Shallow moat
On the watchlist
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
XAGE · Materials · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
ANNA · Materials · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | AMR | XAGE | CHRD | ANNA |
|---|---|---|---|---|
| Moat Score (0–100) | 52 | 53 (highest) | 53 (highest) | 52 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 34 | 70 | 65 | 85 (highest) |
| Pricing power | — | 71 | 97 (highest) | — |
| Returns on capital | 77 (highest) | — | 12 | 0 |
| Balance-sheet safety | 55 | 28 | 46 | 100 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 44 (highest) | 24 |
| Price vs. high estimate | 47% below high estimate (largest discount to high estimate) | No price data | 22% below high estimate | No price data |
| Market cap | $1.8B | $400891 | $7.3B | $146.3M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |