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 | NINE | GEVO | URG | DWSN |
|---|---|---|---|---|
| Moat Score (0–100) | 20 | 21 (highest) | 20 | 20 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 60 | 50 | 65 (highest) |
| Pricing power | 4 (highest) | 0 | 0 | 0 |
| Returns on capital | 4 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 0 | 0 | 28 (highest) | 12 |
| Capital allocation | 44 (highest) | 44 (highest) | 24 | 24 |
| No price data | No price data | No price data | No price data | |
| Market cap | $538M | $394M | $461M | $155M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |