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.
OCLN · Industrials · No 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 | FRD | SMR | EML | OCLN |
|---|---|---|---|---|
| Moat Score (0–100) | 36 (highest) | 36 (highest) | 36 (highest) | 35 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 45 | 30 | 60 (highest) |
| Pricing power | 0 | 36 | 41 (highest) | 10 |
| Returns on capital | 22 (highest) | 0 | 19 | — |
| Balance-sheet safety | 28 | 55 (highest) | 39 | 28 |
| Capital allocation | 79 (highest) | 44 | 49 | 44 |
| 61% above value if growth stopped today | No price data | 25% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $251M | Not reported | $146M | $7M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |