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.
PSIX · Industrials · Shallow moat
Doesn't clear the bar
KEX · Industrials · 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 | BCO | PSIX | PLOW | KEX |
|---|---|---|---|---|
| Moat Score (0–100) | 56 (highest) | 56 (highest) | 56 (highest) | 56 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 87 (highest) | 85 | 75 | 85 |
| Pricing power | 39 | 2 | 41 (highest) | — |
| Returns on capital | 38 | 87 (highest) | 49 | 0 |
| Balance-sheet safety | 17 | 84 (highest) | 78 | 62 |
| Capital allocation | 100 (highest) | 24 | 39 | 77 |
| 93% above value if growth stopped today (largest discount to value if growth stopped today) | 136% above value if growth stopped today | 103% above value if growth stopped today | 222% above value if growth stopped today | |
| Market cap | $5.0B | $690M | $1.1B | $8.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |