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.

AVIENT CORPORATION

AVNT · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

COEUR MINING, INC.

CDE · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

e.l.f. Beauty, Inc.

ELF · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

UFP INDUSTRIES, INC.

UFPI · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	AVNT	CDE	ELF	UFPI
Moat Score (0–100)	55	57 (highest)	56	55
Pricing power	36	65	96 (highest)	20
Returns on capital	72	18	24	91 (highest)
Balance-sheet safety	100 (highest)	100 (highest)	51	73
Capital discipline	13	60 (highest)	47	35
Margin of safety	34% above value	No price data	191% above value	31% above value (highest margin of safety)
Market cap	$3.4B	$9.2B	$4.4B	$4.9B
Moat tier	Shallow moat	Shallow moat	Shallow moat	Shallow moat
Filings as of	FY2025	FY2025	FY2026	FY2025

Scores reflect business quality, not buy/sell signals. Educational only — not investment advice, and not a recommendation on any company shown. See the methodology and disclaimer.