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.
ASIX · Materials · Shallow moat
On the watchlist
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%.
PARR · 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 | ASIX | PARR | EPM | HL |
|---|---|---|---|---|
| Moat Score (0–100) | 47 | 48 (highest) | 47 | 47 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 30 | 72 (highest) | 70 | 60 |
| Pricing power | 9 | — | 74 (highest) | 11 |
| Returns on capital | — | 36 | 53 (highest) | 4 |
| Balance-sheet safety | 78 | 53 | 28 | 100 (highest) |
| Capital discipline | 72 (highest) | 29 | 11 | 60 |
| Price vs. high estimate | 28% below high estimate (largest discount to high estimate) | 7% below high estimate | 192% above high estimate | No price data |
| Market cap | $548.8M | $3.8B | $132.5M | — |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |