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.
RNGR · Materials · 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 | CE | LYB | HXL | RNGR |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 41 (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 | 41 | 10 | 89 (highest) | 57 |
| Pricing power | 35 (highest) | 7 | 29 | — |
| Returns on capital | 38 | 97 (highest) | 28 | 0 |
| Balance-sheet safety | 28 | 28 | 18 | 82 (highest) |
| Capital allocation | 64 (highest) | 64 (highest) | 40 | 24 |
| No price data | 14% below value if growth stopped today (largest discount to value if growth stopped today) | 287% above value if growth stopped today | 9% below value if growth stopped today | |
| Market cap | Not reported | $20.2B | $6.8B | $327M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |