The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | APHD | QUAD | GPRE | CRC |
|---|---|---|---|---|
| Moat Score (0–100) | 25 | 26 (highest) | 26 (highest) | 25 |
| Pricing power | 50 | 34 | 70 (highest) | 0 |
| Returns on capital | 0 | 16 | 0 | 47 (highest) |
| Balance-sheet safety | 28 | 12 | 0 | 50 (highest) |
| Capital discipline | 24 | 44 (highest) | 24 | 5 |
| Margin of safety | No price data | No price data | No price data | 24% below value |
| Market cap | $837.1M | $431.1M | $1.3B | $4.7B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2023 | FY2025 | FY2025 | FY2025 |