The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
BSET · Materials · Shallow moat
Doesn't clear the bar
| Measure | RSRV | MUR | EPC | BSET |
|---|---|---|---|---|
| Moat Score (0–100) | 54 (highest) | 54 (highest) | 54 (highest) | 54 (highest) |
| Pricing power | 90 | 100 (highest) | 73 | 87 |
| Returns on capital | 7 | 7 | 63 (highest) | 15 |
| Balance-sheet safety | 73 (highest) | 47 | 28 | 73 (highest) |
| Capital discipline | 52 | 64 (highest) | 40 | 41 |
| Margin of safety | 29% below value (highest margin of safety) | 16% above value | 7% below value | 62% above value |
| Market cap | $33.3M | $5.3B | $1.4B | $186.9M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |