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.
LEU · Materials · 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%.
SDRL · Materials · No 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 | LEU | BDCO | SDRL | HGYN |
|---|---|---|---|---|
| Moat Score (0–100) | 36 | 37 (highest) | 36 | 36 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 53 (highest) | 49 | 24 | 33 |
| Pricing power | 17 (highest) | 0 | — | 4 |
| Returns on capital | — | 83 (highest) | 37 | 0 |
| Balance-sheet safety | 31 | 28 | 42 | 100 (highest) |
| Capital discipline | 44 (highest) | 24 | 43 | 44 (highest) |
| Price vs. high estimate | No price data | No price data | 20% below high estimate | No price data |
| Market cap | — | $62.7M | $2.7B | $2.1M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |