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.

BDCO · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

LXFR · Materials · No moat

36/ 100
No moat

Doesn't clear the bar

SMG · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

CLF · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

MeasureBDCOLXFRSMGCLF
Moat Score (0–100)3536 (highest)3535
Pricing power03336 (highest)1
Returns on capital83 (highest)346167
Balance-sheet safety2857 (highest)228
Capital discipline24212844 (highest)
Margin of safetyNo price data115% above valueNo price data33% below value (highest margin of safety)
Market cap$61.9M$439.8M$4.1B$5.3B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
BDCO vs LXFR vs SMG vs CLF — Moat Score Comparison · Buy Like Buffett