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.
| Measure | HSIC | KN | TEX | NPK |
|---|---|---|---|---|
| Moat Score (0–100) | 47 | 48 (highest) | 47 | 47 |
| Pricing power | 53 | 63 (highest) | 30 | 25 |
| Returns on capital | 55 | 0 | 89 (highest) | 54 |
| Balance-sheet safety | 19 | 84 | 29 | 100 (highest) |
| Capital discipline | 55 | 59 (highest) | 29 | 15 |
| Margin of safety | 61% above value | 456% above value | 38% above value (highest margin of safety) | 202% above value |
| Market cap | $10.2B | $3.0B | $7.4B | $865.1M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |