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 | MGPI | LGIH | NTIC | KMT |
|---|---|---|---|---|
| Moat Score (0–100) | 39 | 40 (highest) | 40 (highest) | 39 |
| Pricing power | 25 | 40 | 54 (highest) | 50 |
| Returns on capital | 71 (highest) | 52 | 27 | 16 |
| Balance-sheet safety | 28 | 40 | 33 | 42 (highest) |
| Capital discipline | 24 | 21 | 44 | 53 (highest) |
| Margin of safety | 63% below value (highest margin of safety) | 39% below value | 822% above value | Around fair value |
| Market cap | $380.3M | $1.4B | $76.7M | $2.6B |
| Moat tier | No moat | Shallow moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |