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 | ATER | FTEK | ASYS | CECO |
|---|---|---|---|---|
| Moat Score (0–100) | 34 | 35 (highest) | 34 | 34 |
| Pricing power | 66 (highest) | 62 | 56 | 56 |
| Returns on capital | 0 | 0 | 4 (highest) | 4 (highest) |
| Balance-sheet safety | 28 | 55 (highest) | 55 (highest) | 44 |
| Capital discipline | 44 (highest) | 24 | 26 | 36 |
| Margin of safety | No price data | No price data | No price data | 829% above value |
| Market cap | $13.0M | $47.5M | $239.3M | $2.8B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |