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 | KULR | BHE | CBZ | IEHC |
|---|---|---|---|---|
| Moat Score (0–100) | 28 (highest) | 28 (highest) | 28 (highest) | 28 (highest) |
| Pricing power | 59 (highest) | 24 | 20 | 17 |
| Returns on capital | 0 | 3 | 20 (highest) | 19 |
| Balance-sheet safety | 28 | 59 (highest) | 0 | 55 |
| Capital discipline | 24 | 40 | 79 (highest) | 30 |
| Margin of safety | No price data | 265% above value | Around fair value (highest margin of safety) | No price data |
| Market cap | $121.1M | $2.8B | $2.3B | $55.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |