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 | RGR | VECO | DREM | 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 | 10 | 61 | 72 (highest) | 20 |
| Pricing power | 27 | 66 (highest) | 19 | 15 |
| Returns on capital | 90 (highest) | 0 | 27 | 63 |
| Balance-sheet safety | 28 | 44 | 54 | 55 (highest) |
| Capital allocation | 40 (highest) | 24 | 24 | 40 (highest) |
| 12% above value if growth stopped today | 526% above value if growth stopped today | 55% below value if growth stopped today (largest discount to value if growth stopped today) | 2% below value if growth stopped today | |
| Market cap | $685M | $2.7B | $777032 | $576M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |