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.
REYN · Materials · 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%.
GTE · Materials · 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 | RES | REYN | EL | GTE |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 45 (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 | 80 (highest) | 50 | 17 | 47 |
| Pricing power | 25 | 35 | 99 (highest) | 91 |
| Returns on capital | 22 | — | 62 (highest) | — |
| Balance-sheet safety | 59 (highest) | 32 | 23 | 0 |
| Capital allocation | 37 | 64 (highest) | 24 | 41 |
| 31% above value if growth stopped today (largest discount to value if growth stopped today) | 36% above value if growth stopped today | 559% above value if growth stopped today | No price data | |
| Market cap | $1.3B | $4.8B | $38.1B | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |