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.
PANL · Industrials · 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%.
FSTJ · Industrials · 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%.
| Measure | PANL | FSTJ | WCC | CENT |
|---|---|---|---|---|
| Moat Score (0–100) | 52 | 53 (highest) | 52 | 52 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 58 | 70 | 82 (highest) | 70 |
| Pricing power | — | 93 (highest) | 35 | 53 |
| Returns on capital | 39 (highest) | — | 14 | 28 |
| Balance-sheet safety | 55 (highest) | 28 | 50 | 48 |
| Capital discipline | 57 | 19 | 80 (highest) | 60 |
| Price vs. high estimate | 3% above high estimate (largest discount to high estimate) | 2572% above high estimate | No price data | 7% above high estimate |
| Market cap | $487.3M | $44.0M | — | $2.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |