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 | GPRE | NC | SMG | VRDR |
|---|---|---|---|---|
| Moat Score (0–100) | 30 (highest) | 30 (highest) | 30 (highest) | 30 (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 | 55 | 54 | 25 | 70 (highest) |
| Pricing power | 70 (highest) | 0 | 36 | 0 |
| Returns on capital | 0 | 49 | 57 (highest) | 0 |
| Balance-sheet safety | 0 | 45 | 2 | 55 (highest) |
| Capital allocation | 24 | 2 | 28 (highest) | 24 |
| No price data | 33% below value if growth stopped today | No price data | No price data | |
| Market cap | $998M | $252M | $3.1B | $44.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |