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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

MUX · Materials · No moat

No moat

Doesn't clear the bar

HLX · Materials · No moat

No moat

Doesn't clear the bar

PURE · Materials · No moat

No moat

Doesn't clear the bar

CBUS · Materials · No moat

No moat

Doesn't clear the bar

MeasureMUXHLXPURECBUS
Moat Score (0–100)35 (highest)35 (highest)35 (highest)35 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6975 (highest)3020
Pricing power0093 (highest)54
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety66 (highest)552855
Capital allocation3744 (highest)2444 (highest)
No price dataAround the value if growth stopped todayNo price dataNo price data
Market cap$953M$1.5B$9MNot reported
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025