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.
D · Utilities · 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 | QRHC | SPRU | D | MNTK |
|---|---|---|---|---|
| Moat Score (0–100) | 23 (highest) | 23 (highest) | 23 (highest) | 22 |
| 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 | 63 (highest) | 60 | 54 |
| Pricing power | 12 | 28 (highest) | — | 27 |
| Returns on capital | 0 | 0 | 0 | 5 (highest) |
| Balance-sheet safety | 28 (highest) | 0 | 0 | 8 |
| Capital allocation | 24 | 24 | 31 (highest) | 17 |
| 15% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 176% above value if growth stopped today | 148% above value if growth stopped today | |
| Market cap | $25.8M | $39.4M | $62.5B | $268M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |