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 | FLXS | MLM | CHRD | APOG |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 49 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 62 | 76 (highest) | 50 | 73 |
| Pricing power | 19 | 37 | 97 (highest) | 36 |
| Returns on capital | 23 | 19 | 12 | 38 (highest) |
| Balance-sheet safety | 73 (highest) | 31 | 46 | 45 |
| Capital allocation | 71 | 87 (highest) | 44 | 53 |
| 99% above value if growth stopped today | 134% above value if growth stopped today | 13% below value if growth stopped today | 25% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $327M | $29.6B | $8.2B | $781M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2026 |