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 | HYMC | KARX | HLX | MATV |
|---|---|---|---|---|
| Moat Score (0–100) | 20 | 21 (highest) | 20 | 20 |
| Pricing power | 0 | 16 | 0 | 20 (highest) |
| Returns on capital | 0 | 0 | 0 | 11 (highest) |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 55 (highest) | 28 |
| Capital discipline | 44 (highest) | 24 | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | 41% below value (highest margin of safety) | Around fair value |
| Market cap | $1.6B | $14.8M | $1.4B | $438.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |