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.
NRIS · Materials · No moat
Doesn't clear the bar
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%.
DEC · Materials · No moat
Doesn't clear the bar
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%.
ALOY · Materials · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
| Measure | NRIS | DEC | ALOY | KRO |
|---|---|---|---|---|
| Moat Score (0–100) | 25 (highest) | 25 (highest) | 25 (highest) | 24 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 27 | 24 | — | 28 (highest) |
| Pricing power | — | — | 47 (highest) | 9 |
| Returns on capital | 0 | 61 (highest) | 0 | 40 |
| Balance-sheet safety | 28 (highest) | 14 | 28 (highest) | 0 |
| Capital allocation | 44 | 0 | 24 | 45 (highest) |
| No price data | 84% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 35% below value if growth stopped today | |
| Market cap | $14.2M | $1.0B | $30.3M | $760M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |