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.
| Measure | BXC | LYTS | TAIT | IR |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 43 |
| Pricing power | 15 | 41 | 49 | 62 (highest) |
| Returns on capital | 66 (highest) | 22 | 43 | 8 |
| Balance-sheet safety | 55 | 66 (highest) | 55 | 32 |
| Capital discipline | 40 | 60 | 27 | 80 (highest) |
| Margin of safety | 19% below value | 35% above value | 50% below value (highest margin of safety) | 176% above value |
| Market cap | $475.6M | $719.2M | $10.2M | $32.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2024 | FY2025 |