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.
KEX · Industrials · Shallow 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 | KEX | CENT | HUBG | TKR |
|---|---|---|---|---|
| Moat Score (0–100) | 52 (highest) | 52 (highest) | 52 (highest) | 52 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 69 | 70 (highest) | 65 | 48 |
| Pricing power | — | 53 (highest) | 17 | 48 |
| Returns on capital | 0 | 28 | 30 (highest) | 30 (highest) |
| Balance-sheet safety | 62 | 48 | 67 (highest) | 34 |
| Capital discipline | 77 | 60 | 80 | 98 (highest) |
| Price vs. high estimate | 213% above high estimate | 7% above high estimate | 100% below high estimate (largest discount to high estimate) | 61% above high estimate |
| Market cap | $7.8B | $2.8B | $3.1M | $9.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2024 | FY2025 |