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.
| Measure | QNME | DREM | RGR | BXC |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 39 (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 | 50 | 72 (highest) | 10 | 20 |
| Pricing power | 28 (highest) | 19 | 27 | 15 |
| Returns on capital | 18 | 27 | 90 (highest) | 63 |
| Balance-sheet safety | 55 (highest) | 54 | 28 | 55 (highest) |
| Capital allocation | 44 (highest) | 24 | 40 | 40 |
| No price data | 55% below value if growth stopped today (largest discount to value if growth stopped today) | Around the value if growth stopped today | 8% above value if growth stopped today | |
| Market cap | $3.5M | $777032 | $613M | $635M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |