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.
| Measure | MTX | FCX | CAL | ELF |
|---|---|---|---|---|
| Moat Score (0–100) | 58 (highest) | 58 (highest) | 58 (highest) | 58 (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 | 41 | 56 | 35 | 74 (highest) |
| Pricing power | 41 | 19 | 44 | 96 (highest) |
| Returns on capital | 45 | 82 (highest) | 49 | 20 |
| Balance-sheet safety | 100 (highest) | 91 | 100 (highest) | 51 |
| Capital allocation | 64 (highest) | 44 | 64 (highest) | 47 |
| 71% above value if growth stopped today | No price data | 79% below value if growth stopped today (largest discount to value if growth stopped today) | 394% above value if growth stopped today | |
| Market cap | $2.3B | Not reported | $399M | $4.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2026 |