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.
KPEA · Consumer Discretionary · Shallow 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%.
MGM · Consumer Discretionary · Shallow moat
On the watchlist
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%.
RAIL · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | KPEA | MGM | DBI | RAIL |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 44 (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 | 20 | 55 | 30 | 75 (highest) |
| Pricing power | 85 (highest) | — | 27 | 0 |
| Returns on capital | — | 55 | 73 (highest) | 0 |
| Balance-sheet safety | 28 | 28 | 51 | 85 (highest) |
| Capital allocation | 44 | 40 | 40 | 60 (highest) |
| No price data | 42% below value if growth stopped today (largest discount to value if growth stopped today) | 32% below value if growth stopped today | No price data | |
| Market cap | $156M | $7.4B | $304M | $113M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |