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 | MEC | KALU | SPWR | CVR |
|---|---|---|---|---|
| Moat Score (0–100) | 22 | 23 (highest) | 23 (highest) | 22 |
| Pricing power | 19 | 1 | 28 (highest) | 4 |
| Returns on capital | 10 | 25 (highest) | 0 | 4 |
| Balance-sheet safety | 28 | 13 | 28 | 55 (highest) |
| Capital discipline | 41 | 62 (highest) | 44 | 44 |
| Margin of safety | No price data | 116% above value | No price data | No price data |
| Market cap | $628.2M | $2.6B | $67.1M | $9.8M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |