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.
SLNG · Utilities · No moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
GWRS · Utilities · No 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%.
SNTW · Utilities · No moat
Doesn't clear the bar
The businessTrend component abstained: Only one aligned fiscal year of revenue and diluted EPS is available; a trend needs at least two observations. The other four 20% weights were renormalized over the scored 80%.
| Measure | SLNG | GWRS | OPTT | SNTW |
|---|---|---|---|---|
| Moat Score (0–100) | 17 | 20 (highest) | 19 | 17 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 34 | 55 (highest) | 25 | — |
| Pricing power | 9 | — | 0 | 15 (highest) |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | — | 0 | 28 (highest) | 28 (highest) |
| Capital allocation | 24 | 24 | 44 (highest) | 24 |
| 6287% above value if growth stopped today | 276% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | No price data | |
| Market cap | $88.7M | $230M | $139M | $9M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |