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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

HLX · Materials · No moat

20/ 100
No moat

Doesn't clear the bar

MUX · Materials · No moat

21/ 100
No moat

Doesn't clear the bar

KARX · Materials · No moat

21/ 100
No moat

Doesn't clear the bar

HYMC · Materials · No moat

20/ 100
No moat

Doesn't clear the bar

MeasureHLXMUXKARXHYMC
Moat Score (0–100)2021 (highest)21 (highest)20
Pricing power0016 (highest)0
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety5566 (highest)5555
Capital discipline44 (highest)372444 (highest)
Margin of safety41% below valueNo price dataNo price dataNo price data
Market cap$1.4B$908.8M$14.8M$1.6B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
HLX vs MUX vs KARX vs HYMC — Moat Score Comparison · Buy Like Buffett