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 | PLAB | IPGP | LSCC | FRSH |
|---|---|---|---|---|
| Moat Score (0–100) | 59 (highest) | 59 (highest) | 59 (highest) | 59 (highest) |
| Pricing power | 21 | 62 | 93 | 100 (highest) |
| Returns on capital | 53 (highest) | 41 | 39 | 0 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 73 | 100 (highest) |
| Capital discipline | 83 (highest) | 40 | 24 | 44 |
| Margin of safety | 26% below value (highest margin of safety) | 260% above value | 1691% above value | No price data |
| Market cap | $1.7B | $4.4B | $17.1B | $3.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |