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 | NOBH | TREX | SCCO | CVCO |
|---|---|---|---|---|
| Moat Score (0–100) | 78 (highest) | 78 (highest) | 78 (highest) | 76 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 78 (highest) | 43 | 65 | 73 |
| Pricing power | 40 | 67 (highest) | 67 (highest) | 36 |
| Returns on capital | 100 (highest) | 100 (highest) | 95 | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 96 | 73 |
| Capital allocation | 72 | 80 | 68 | 100 (highest) |
| 3% above value if growth stopped today (largest discount to value if growth stopped today) | 102% above value if growth stopped today | 290% above value if growth stopped today | 108% above value if growth stopped today | |
| Market cap | $97.6M | $4.6B | $146.9B | $4.4B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |