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.

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

CLF · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

SMG · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

BDCO · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

RES · Materials · No moat

35/ 100
No moat

Doesn't clear the bar

MeasureCLFSMGBDCORES
Moat Score (0–100)35 (highest)35 (highest)35 (highest)35 (highest)
Pricing power136 (highest)025
Returns on capital676183 (highest)26
Balance-sheet safety2822859 (highest)
Capital discipline44 (highest)282437
Margin of safety33% below value (highest margin of safety)No price dataNo price data21% below value
Market cap$5.3B$4.1B$61.9M$1.3B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
CLF vs SMG vs BDCO vs RES — Moat Score Comparison · Buy Like Buffett