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.
DQWS · Materials · 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%.
| Measure | DQWS | VIRC | IDR | OEC |
|---|---|---|---|---|
| Moat Score (0–100) | 42 | 43 (highest) | 42 | 42 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 57 | 54 | 76 (highest) | 38 |
| Pricing power | 15 | 56 (highest) | 0 | 37 |
| Returns on capital | — | 11 | 11 | 40 (highest) |
| Balance-sheet safety | 55 | 80 | 100 (highest) | 40 |
| Capital discipline | 41 | 12 | 24 | 55 (highest) |
| Price vs. high estimate | 2498% above high estimate | 51% below high estimate | 2009% above high estimate | 66% below high estimate (largest discount to high estimate) |
| Market cap | $6.4M | $96.0M | $434.1M | $395.3M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |