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.
SOLS · 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%.
| Measure | APOG | MLM | CHRD | SOLS |
|---|---|---|---|---|
| Moat Score (0–100) | 49 | 50 (highest) | 50 (highest) | 49 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 73 | 76 (highest) | 50 | 46 |
| Pricing power | 36 | 37 | 97 (highest) | 59 |
| Returns on capital | 38 (highest) | 19 | 12 | — |
| Balance-sheet safety | 45 | 31 | 46 | 72 (highest) |
| Capital allocation | 53 | 87 (highest) | 44 | 20 |
| 17% below value if growth stopped today (largest discount to value if growth stopped today) | 167% above value if growth stopped today | 17% below value if growth stopped today (largest discount to value if growth stopped today) | 46% above value if growth stopped today | |
| Market cap | $865M | $33.7B | $7.9B | $9.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |