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.
DEC · 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 | DEC | MATV | NC | RIG |
|---|---|---|---|---|
| Moat Score (0–100) | 25 (highest) | 25 (highest) | 25 (highest) | 25 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 24 | 52 (highest) | 28 | 28 |
| Pricing power | — | 20 | 0 | 44 (highest) |
| Returns on capital | 61 (highest) | 0 | 49 | 0 |
| Balance-sheet safety | 14 | 28 | 45 (highest) | 28 |
| Capital discipline | 0 | 24 (highest) | 2 | 24 (highest) |
| Price vs. high estimate | 84% below high estimate (largest discount to high estimate) | 2% below high estimate | 31% below high estimate | No price data |
| Market cap | $1.0B | $435.8M | $347.6M | $5.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |