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.
DQWS · Materials · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
BTU · Materials · Shallow 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%.
TPET · Materials · Shallow moat
Doesn't clear the bar
The capitalDiscipline component abstained: Not enough owner-earnings history to score capital discipline. The other four 20% weights were renormalized over the scored 80%.
| Measure | OEC | DQWS | BTU | TPET |
|---|---|---|---|---|
| Moat Score (0–100) | 42 (highest) | 42 (highest) | 42 (highest) | 42 (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 | 38 | 57 | 33 | 70 (highest) |
| Pricing power | 37 | 15 | — | 70 (highest) |
| Returns on capital | 40 | — | 56 (highest) | 0 |
| Balance-sheet safety | 40 | 55 (highest) | 55 (highest) | 28 |
| Capital allocation | 55 (highest) | 41 | 24 | — |
| 66% below value if growth stopped today (largest discount to value if growth stopped today) | 2498% above value if growth stopped today | No price data | No price data | |
| Market cap | $393M | $6.4M | Not reported | $2.7M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |