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.
PPIH · Industrials · Shallow moat
Doesn't clear the bar
| Measure | ROAD | PPIH | KN | KMT |
|---|---|---|---|---|
| Moat Score (0–100) | 46 (highest) | 46 (highest) | 46 (highest) | 46 (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 | 100 (highest) | 95 | 25 | 68 |
| Pricing power | 20 | 13 | 63 (highest) | 50 |
| Returns on capital | 30 | 36 (highest) | 0 | 16 |
| Balance-sheet safety | 2 | 57 | 84 (highest) | 42 |
| Capital discipline | 80 (highest) | 30 | 59 | 53 |
| Price vs. high estimate | No price data | 89% above high estimate | 493% above high estimate | 71% above high estimate (largest discount to high estimate) |
| Market cap | Not reported | $204M | $3.2B | $2.7B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |