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 | KN | SPXC | IVFH | TEX |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 47 |
| Pricing power | 63 (highest) | 45 | 39 | 30 |
| Returns on capital | 0 | 55 | 37 | 89 (highest) |
| Balance-sheet safety | 84 | 64 | 100 (highest) | 29 |
| Capital discipline | 59 (highest) | 24 | 24 | 29 |
| Margin of safety | 456% above value | 274% above value | No price data | 38% above value (highest margin of safety) |
| Market cap | $3.0B | $10.6B | $14.0M | $7.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |