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.
FSI · Materials · Shallow moat
Doesn't clear the bar
| Measure | FSI | CMPR | ATR | TLF |
|---|---|---|---|---|
| Moat Score (0–100) | 50 | 51 (highest) | 50 | 50 |
| Pricing power | 45 | 80 | 52 | 95 (highest) |
| Returns on capital | 60 (highest) | 28 | 43 | 7 |
| Balance-sheet safety | 91 (highest) | 49 | 55 | 55 |
| Capital discipline | 0 | 40 | 54 (highest) | 40 |
| Margin of safety | 124% above value | 109% above value | 67% above value (highest margin of safety) | 81% above value |
| Market cap | $75.6M | $2.5B | $8.5B | $19.3M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |