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.
| Measure | BMNP | FGCO | HSDT | STEX |
|---|---|---|---|---|
| Moat Score (0–100) | 35 | 36 (highest) | 35 | 35 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 78 (highest) | 40 | 35 | 30 |
| Pricing power | 0 | 70 | 43 | 71 (highest) |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 73 (highest) | 28 | 55 | 28 |
| Capital allocation | 24 | 44 (highest) | 44 (highest) | 44 (highest) |
| No price data | No price data | No price data | No price data | |
| Market cap | $22.7M | $4.9M | $98M | $18.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2021 | FY2025 | FY2025 |