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 | ATI | RNGE | NX | RYZ |
|---|---|---|---|---|
| Moat Score (0–100) | 29 (highest) | 29 (highest) | 29 (highest) | 29 (highest) |
| Pricing power | 1 | 24 | 37 (highest) | 30 |
| Returns on capital | 50 (highest) | 6 | 24 | 49 |
| Balance-sheet safety | 42 | 55 (highest) | 28 | 0 |
| Capital discipline | 24 | 44 (highest) | 24 | 24 |
| Margin of safety | 282% above value | No price data | Around fair value | 6% below value (highest margin of safety) |
| Market cap | $25.3B | $74.0M | $829.9M | $1.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |