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.
FUL · Materials · No 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%.
MP · 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 | COTY | FUL | MP | MLKN |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 32 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 40 | 44 | 20 | 54 (highest) |
| Pricing power | 99 (highest) | 46 | — | 63 |
| Returns on capital | 0 | 7 | 12 | 18 (highest) |
| Balance-sheet safety | 0 | — | 55 (highest) | 12 |
| Capital allocation | 24 | 34 | 44 (highest) | 16 |
| 5% below value if growth stopped today (largest discount to value if growth stopped today) | 34% above value if growth stopped today | 2632% above value if growth stopped today | 17% above value if growth stopped today | |
| Market cap | $2.8B | $2.8B | $7.4B | $1.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2026 |