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.
BKV · Materials · No 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 | CEIN | ECVT | SW | BKV |
|---|---|---|---|---|
| Moat Score (0–100) | 31 (highest) | 31 (highest) | 31 (highest) | 30 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 63 (highest) | 44 | 50 | 13 |
| Pricing power | 18 | 40 (highest) | 29 | — |
| Returns on capital | 0 | 0 | 20 (highest) | 19 |
| Balance-sheet safety | 28 | 36 | 14 | 90 (highest) |
| Capital allocation | 44 (highest) | 34 | 40 | 0 |
| No price data | 362% above value if growth stopped today | 146% above value if growth stopped today | 36% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | Not reported | $1.4B | $25.4B | $2.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |