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.

EPM · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

AXTA · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

ASIX · Materials · Shallow moat

Shallow moat

On the watchlist

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%.

LBRT · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureEPMAXTAASIXLBRT
Moat Score (0–100)47 (highest)47 (highest)47 (highest)47 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend7083 (highest)3065
Pricing power74 (highest)5599
Returns on capital531365 (highest)
Balance-sheet safety282778 (highest)50
Capital allocation115972 (highest)44
190% above value if growth stopped todayNo price data7% below value if growth stopped today18% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$132MNot reported$565M$2.9B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025