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.

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

BXC · Industrials · No moat

No moat

Doesn't clear the bar

DREM · Industrials · No moat

No moat

Doesn't clear the bar

RGR · Industrials · No moat

No moat

Doesn't clear the bar

SDHC · Industrials · No moat

No moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

MeasureBXCDREMRGRSDHC
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2072 (highest)1029
Pricing power15192736 (highest)
Returns on capital632790 (highest)—
Balance-sheet safety55542873 (highest)
Capital allocation40 (highest)2440 (highest)17
6% below value if growth stopped today27% below value if growth stopped today13% above value if growth stopped today50% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$556M$1.2M$686M$90.1M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025