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.
RWAX · Industrials · Shallow 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%.
ZWS · Industrials · Shallow moat
Doesn't clear the bar
| Measure | HLIO | FTV | RWAX | ZWS |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (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 | 33 | 43 | 70 | 84 (highest) |
| Pricing power | 57 | 90 (highest) | 71 | 60 |
| Returns on capital | 35 (highest) | 12 | — | 20 |
| Balance-sheet safety | 80 (highest) | 66 | 28 | 67 |
| Capital allocation | 60 (highest) | 56 | 44 | 34 |
| 131% above value if growth stopped today | 45% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 482% above value if growth stopped today | |
| Market cap | $2.2B | $18.1B | Not reported | $7.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |