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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

DWSN · Materials · No moat

No moat

Doesn't clear the bar

URG · Materials · No moat

No moat

Doesn't clear the bar

NINE · Materials · No moat

No moat

Doesn't clear the bar

HYMC · Materials · No moat

No moat

Doesn't clear the bar

MeasureDWSNURGNINEHYMC
Moat Score (0–100)20 (highest)20 (highest)20 (highest)20 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend65 (highest)50500
Pricing power004 (highest)0
Returns on capital004 (highest)0
Balance-sheet safety1228055 (highest)
Capital allocation242444 (highest)44 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$155M$461M$538M$1.7B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025