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.
SLVM · Materials · Shallow moat
On the watchlist
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%.
RSRV · Materials · Shallow 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%.
REX · Materials · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | SLVM | RSRV | CLB | REX |
|---|---|---|---|---|
| Moat Score (0–100) | 54 | 55 (highest) | 55 (highest) | 54 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 44 | — | 81 (highest) | 61 |
| Pricing power | — | 90 (highest) | 36 | 0 |
| Returns on capital | 91 (highest) | 4 | 42 | — |
| Balance-sheet safety | 42 | 73 | 46 | 78 (highest) |
| Capital allocation | 40 | 52 | 67 | 76 (highest) |
| 49% below value if growth stopped today (largest discount to value if growth stopped today) | 45% above value if growth stopped today | 54% above value if growth stopped today | 90% above value if growth stopped today | |
| Market cap | $1.4B | $32M | $567M | $1.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |