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.
| Measure | DNOW | HFFG | MGPI | CMCO |
|---|---|---|---|---|
| Moat Score (0–100) | 33 | 34 (highest) | 33 | 33 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 60 (highest) | 55 | 22 | 54 |
| Pricing power | 27 | 29 | 25 | 56 (highest) |
| Returns on capital | 7 | 12 | 67 (highest) | 3 |
| Balance-sheet safety | 28 (highest) | 28 (highest) | 28 (highest) | 28 (highest) |
| Capital allocation | 44 (highest) | 44 (highest) | 24 | 24 |
| 134% above value if growth stopped today | 61% below value if growth stopped today | 63% below value if growth stopped today (largest discount to value if growth stopped today) | 29% below value if growth stopped today | |
| Market cap | $2.7B | $82.5M | $377M | $463M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |