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.
| Measure | RYZ | NX | ATI | TGEN |
|---|---|---|---|---|
| Moat Score (0–100) | 29 (highest) | 29 (highest) | 29 (highest) | 28 |
| Pricing power | 30 | 37 | 1 | 60 (highest) |
| Returns on capital | 49 | 24 | 50 (highest) | 0 |
| Balance-sheet safety | 0 | 28 | 42 (highest) | 28 |
| Capital discipline | 24 (highest) | 24 (highest) | 24 (highest) | 24 (highest) |
| Margin of safety | 6% below value (highest margin of safety) | Around fair value | 282% above value | No price data |
| Market cap | $1.5B | $829.9M | $25.3B | $106.0M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |