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.
RNGR · Materials · Shallow 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 | RNGR | ROG | AXTA | LODE |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 44 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 73 (highest) | 51 | 72 | 52 |
| Pricing power | — | 57 | 55 | 70 (highest) |
| Returns on capital | 0 | 16 (highest) | 13 | 0 |
| Balance-sheet safety | 82 (highest) | 55 | 27 | 55 |
| Capital discipline | 24 | 46 | 59 (highest) | 44 |
| Price vs. high estimate | 2% below high estimate (largest discount to high estimate) | 270% above high estimate | No price data | No price data |
| Market cap | $353.1M | $2.3B | — | $200.7M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |