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.

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

HYMC · Materials · No moat

No moat

Doesn't clear the bar

NINE · Materials · No moat

No moat

Doesn't clear the bar

DWSN · Materials · No moat

No moat

Doesn't clear the bar

ALTO · Materials · No moat

No moat

Doesn't clear the bar

MeasureHYMCNINEDWSNALTO
Moat Score (0–100)20 (highest)20 (highest)20 (highest)19
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend05065 (highest)20
Pricing power04 (highest)00
Returns on capital04 (highest)00
Balance-sheet safety55 (highest)01231
Capital allocation44 (highest)44 (highest)2444 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$1.7B$538M$155M$359M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025