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.
APHD · Materials · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
PTEN · Materials · No 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 | APHD | PTEN | DSS | MBC |
|---|---|---|---|---|
| Moat Score (0–100) | 26 (highest) | 26 (highest) | 26 (highest) | 26 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | — | 60 (highest) | 31 | 28 |
| Pricing power | 50 (highest) | — | 19 | 48 |
| Returns on capital | 0 | 0 | 0 | 27 (highest) |
| Balance-sheet safety | 28 | 0 | 55 (highest) | 3 |
| Capital allocation | 24 | 44 (highest) | 24 | 21 |
| No price data | No price data | No price data | 41% below value if growth stopped today | |
| Market cap | $2.6B | $3.9B | $5M | $1.1B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2023 | FY2025 | FY2025 | FY2025 |