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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

SCL · Materials · No moat

No moat

Doesn't clear the bar

LQMT · Materials · No moat

No moat

Doesn't clear the bar

XMAX · Materials · No moat

No moat

Doesn't clear the bar

ACNT · Materials · No moat

No moat

Doesn't clear the bar

MeasureSCLLQMTXMAXACNT
Moat Score (0–100)27 (highest)27 (highest)27 (highest)27 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend303049 (highest)15
Pricing power15 (highest)1460
Returns on capital47 (highest)004
Balance-sheet safety2355 (highest)55 (highest)55 (highest)
Capital allocation18372459 (highest)
133% above value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data1376% above value if growth stopped today
Market cap$1.3B$248M$353M$142M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025