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.
PED · 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%.
NGS · 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%.
| Measure | PED | CITR | NGS | FTK |
|---|---|---|---|---|
| Moat Score (0–100) | 32 (highest) | 32 (highest) | 32 (highest) | 32 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 55 | 50 | 65 (highest) | 60 |
| Pricing power | — | 52 (highest) | — | 0 |
| Returns on capital | 0 | 0 | 0 | 8 (highest) |
| Balance-sheet safety | 28 | 28 | 29 | 46 (highest) |
| Capital discipline | 44 (highest) | 29 | 32 | 44 (highest) |
| Price vs. high estimate | 59% below high estimate (largest discount to high estimate) | No price data | 460% above high estimate | 562% above high estimate |
| Market cap | $56.7M | $84.3M | $478.2M | $771.9M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |