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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

AXTA · Materials · Shallow moat

41/ 100
Shallow moat

Doesn't clear the bar

LODE · Materials · Shallow moat

41/ 100
Shallow moat

Doesn't clear the bar

VIRC · Materials · Shallow moat

41/ 100
Shallow moat

On the watchlist

FBIN · Materials · Shallow moat

41/ 100
Shallow moat

Doesn't clear the bar

MeasureAXTALODEVIRCFBIN
Moat Score (0–100)41 (highest)41 (highest)41 (highest)41 (highest)
Pricing power5570 (highest)5648
Returns on capital2401854 (highest)
Balance-sheet safety275580 (highest)6
Capital discipline59 (highest)441244
Margin of safetyNo price dataNo price data51% below value (highest margin of safety)99% above value
Market cap$203.3M$97.2M$6.2B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2026FY2025
AXTA vs LODE vs VIRC vs FBIN — Moat Score Comparison · Buy Like Buffett