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 | GEV | HDSN | NWPX | ELSE |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 82 | 38 | 95 (highest) | 43 |
| Pricing power | 10 | 19 | 3 | 88 (highest) |
| Returns on capital | 9 | 38 (highest) | 10 | 0 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 96 | 100 (highest) |
| Capital allocation | 47 | 55 (highest) | 44 | 16 |
| 2933% above value if growth stopped today | 30% below value if growth stopped today (largest discount to value if growth stopped today) | 258% above value if growth stopped today | 633% above value if growth stopped today | |
| Market cap | $273.5B | $264M | $1.2B | $26.9M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |