The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | FET | MTRN | WHR | CETX |
|---|---|---|---|---|
| Moat Score (0–100) | 29 (highest) | 29 (highest) | 29 (highest) | 29 (highest) |
| Pricing power | 15 | 30 | 26 | 60 (highest) |
| Returns on capital | 0 | 18 | 44 (highest) | 7 |
| Balance-sheet safety | 78 (highest) | 23 | 1 | 0 |
| Capital discipline | 44 | 51 (highest) | 40 | 44 |
| Margin of safety | 572% above value | 457% above value | 39% below value (highest margin of safety) | No price data |
| Market cap | $590.3M | $5.1B | $2.1B | $2.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |