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.
MP · 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%.
FUL · Materials · No moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
| Measure | MP | NESR | FUL | COTY |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 33 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 85 (highest) | 44 | 40 |
| Pricing power | — | 18 | 46 | 99 (highest) |
| Returns on capital | 12 (highest) | 9 | 7 | 0 |
| Balance-sheet safety | 55 (highest) | 47 | — | 0 |
| Capital allocation | 44 (highest) | 5 | 34 | 24 |
| 2538% above value if growth stopped today | 96% above value if growth stopped today | 33% above value if growth stopped today | 4% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $7.1B | $1.9B | $2.8B | $2.8B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |