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.
EGY · Materials · 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%.
CNR · Materials · Narrow moat
On the watchlist
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 | NCSM | EGY | CNR | ECL |
|---|---|---|---|---|
| Moat Score (0–100) | 60 (highest) | 60 (highest) | 60 (highest) | 60 (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 | 75 | 50 | 55 | 92 (highest) |
| Pricing power | 64 | — | — | 70 (highest) |
| Returns on capital | 0 | 91 (highest) | 88 | 30 |
| Balance-sheet safety | 100 (highest) | 55 | 55 | 44 |
| Capital allocation | 60 | 44 | 42 | 62 (highest) |
| 396% above value if growth stopped today | 11% below value if growth stopped today (largest discount to value if growth stopped today) | 15% above value if growth stopped today | 348% above value if growth stopped today | |
| Market cap | $120M | $579M | $4.2B | $75.8B |
| Moat tier | Shallow moat | Narrow moat | Narrow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |