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.
WBI · Materials · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
MERC · Materials · 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 | JELD | IE | WBI | MERC |
|---|---|---|---|---|
| Moat Score (0–100) | 28 (highest) | 28 (highest) | 28 (highest) | 28 (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 | 10 | 20 | — | 32 (highest) |
| Pricing power | 30 | 70 (highest) | 50 | — |
| Returns on capital | 10 | 0 | 4 | 16 (highest) |
| Balance-sheet safety | 28 | 28 | 40 (highest) | 28 |
| Capital allocation | 64 (highest) | 24 | 20 | 37 |
| 89% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | No price data | 9% below value if growth stopped today | |
| Market cap | $116M | $1.3B | Not reported | $13.4M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |