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 | HSIC | MKSI | BTOC | RAL |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 44 (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 | 43 | 55 (highest) | 50 | 26 |
| Pricing power | 53 | 78 | 0 | 87 (highest) |
| Returns on capital | 48 | 27 | 82 (highest) | 33 |
| Balance-sheet safety | 19 | 1 | 55 (highest) | 28 |
| Capital allocation | 55 | 60 (highest) | 33 | 44 |
| 56% above value if growth stopped today | 374% above value if growth stopped today | 87% below value if growth stopped today (largest discount to value if growth stopped today) | 68% above value if growth stopped today | |
| Market cap | $9.9B | $22.1B | $10.8M | $7.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |