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.
| Measure | OEC | SON | CDXS | APOG |
|---|---|---|---|---|
| Moat Score (0–100) | 44 | 45 (highest) | 45 (highest) | 44 |
| Pricing power | 37 | 34 | 97 (highest) | 36 |
| Returns on capital | 48 (highest) | 45 | 0 | 45 |
| Balance-sheet safety | 40 | 26 | 55 (highest) | 45 |
| Capital discipline | 55 | 81 (highest) | 24 | 53 |
| Margin of safety | 67% below value (highest margin of safety) | 8% above value | No price data | 49% below value |
| Market cap | $384.7M | $5.6B | $202.7M | $870.7M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |