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.
IIIN · Industrials · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
WERN · Industrials · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | IIIN | REZI | WERN | BZH |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 38 | 38 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 35 | 48 (highest) | 33 | 40 |
| Pricing power | 0 | 47 (highest) | — | 8 |
| Returns on capital | — | 36 | 53 (highest) | 4 |
| Balance-sheet safety | 73 (highest) | 18 | 28 | 40 |
| Capital allocation | 46 | 44 | 40 | 100 (highest) |
| 5% below value if growth stopped today | 15% above value if growth stopped today | 38% above value if growth stopped today | 36% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $539M | $2.7B | $1.7B | $996M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |