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 | ARTW | RHNO | WOR | ASTE |
|---|---|---|---|---|
| Moat Score (0–100) | 18 (highest) | 18 (highest) | 18 (highest) | 18 (highest) |
| Pricing power | 18 | 5 | 1 | 25 (highest) |
| Returns on capital | 0 | 0 | 7 (highest) | 4 |
| Balance-sheet safety | 23 | 55 (highest) | 35 | 22 |
| Capital discipline | 38 | 29 | 42 (highest) | 26 |
| Margin of safety | No price data | No price data | 13% below value (highest margin of safety) | 170% above value |
| Market cap | — | $33.9M | $2.7B | $1.3B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |