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.
CNH · Industrials · Shallow 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%.
BKR · Industrials · Shallow moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
| Measure | CNH | CECO | AZTA | BKR |
|---|---|---|---|---|
| Moat Score (0–100) | 47 (highest) | 47 (highest) | 47 (highest) | 47 (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 | 23 | 95 (highest) | 47 | 78 |
| Pricing power | 26 | 56 | 68 (highest) | 20 |
| Returns on capital | — | 4 (highest) | 0 | 4 (highest) |
| Balance-sheet safety | 78 (highest) | 44 | 55 | — |
| Capital allocation | 61 | 36 | 64 | 85 (highest) |
| 25% below value if growth stopped today (largest discount to value if growth stopped today) | 968% above value if growth stopped today | 346% above value if growth stopped today | 155% above value if growth stopped today | |
| Market cap | $14.4B | $2.0B | $1.6B | $55.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |