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.
MGSD · Industrials · Narrow moat
On the watchlist
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%.
LPG · Industrials · Narrow moat
Wonderful & reasonably priced
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 | MGSD | FERG | LPG | MWA |
|---|---|---|---|---|
| Moat Score (0–100) | 64 (highest) | 64 (highest) | 64 (highest) | 63 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 70 | 49 | 84 (highest) | 55 |
| Pricing power | 70 (highest) | 54 | — | 54 |
| Returns on capital | — | 100 (highest) | 14 | 42 |
| Balance-sheet safety | 73 | 84 (highest) | 57 | 82 |
| Capital discipline | 42 | 32 | 100 (highest) | 85 |
| Price vs. high estimate | No price data | 110% above high estimate | 41% below high estimate (largest discount to high estimate) | 117% above high estimate |
| Market cap | $1.3M | $44.5B | $1.8B | $3.9B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |