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.
| Measure | CVR | SPWR | MEC | ASPN |
|---|---|---|---|---|
| Moat Score (0–100) | 22 | 23 (highest) | 22 | 22 |
| Pricing power | 4 | 28 (highest) | 19 | 3 |
| Returns on capital | 4 | 0 | 10 (highest) | 4 |
| Balance-sheet safety | 55 (highest) | 28 | 28 | 55 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 41 | 44 (highest) |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $9.8M | $67.1M | $628.2M | $424.3M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |