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 | HXL | HOFT | SCL | AVD |
|---|---|---|---|---|
| Moat Score (0–100) | 29 (highest) | 29 (highest) | 29 (highest) | 28 |
| Pricing power | 29 | 24 | 15 | 43 (highest) |
| Returns on capital | 28 | 15 | 54 (highest) | 0 |
| Balance-sheet safety | 18 | 28 (highest) | 23 | 28 (highest) |
| Capital discipline | 40 | 58 (highest) | 18 | 50 |
| Margin of safety | 176% above value | 4385% above value | 137% above value | 11% below value (highest margin of safety) |
| Market cap | $7.9B | $152.0M | $1.3B | $74.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |