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.
SENR · Utilities · No moat
Doesn't clear the bar
AES · Utilities · 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%.
| Measure | KNTK | ORA | SENR | AES |
|---|---|---|---|---|
| Moat Score (0–100) | 37 (highest) | 37 (highest) | 37 (highest) | 37 (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 | 80 | 100 (highest) | 60 | 60 |
| Pricing power | 23 | 54 | 73 (highest) | 31 |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | — |
| Balance-sheet safety | 0 | 0 | 28 (highest) | 28 (highest) |
| Capital allocation | 80 (highest) | 31 | 24 | 28 |
| 60% above value if growth stopped today (largest discount to value if growth stopped today) | 337% above value if growth stopped today | No price data | 282% above value if growth stopped today | |
| Market cap | $3.2B | $6.0B | $1.3M | $10.6B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2024 | FY2025 |