The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

NINE · Materials · No moat

11/ 100
No moat

Doesn't clear the bar

OLN · Materials · No moat

13/ 100
No moat

Doesn't clear the bar

CMP · Materials · No moat

11/ 100
No moat

Doesn't clear the bar

AMTX · Materials · No moat

10/ 100
No moat

Doesn't clear the bar

MeasureNINEOLNCMPAMTX
Moat Score (0–100)1113 (highest)1110
Pricing power4021 (highest)0
Returns on capital411 (highest)00
Balance-sheet safety00028 (highest)
Capital discipline4448 (highest)2424
Margin of safetyNo price data70% below valueNo price dataNo price data
Market cap$481.8M$2.5B$1.2B$103.9M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
NINE vs OLN vs CMP vs AMTX — Moat Score Comparison · Buy Like Buffett