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.
SMP · Consumer Discretionary · Shallow moat
Doesn't clear the bar
WAB · Consumer Discretionary · Shallow moat
Doesn't clear the bar
CRL · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | SMP | WAB | CRL | TH |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (highest) |
| Pricing power | 52 | 49 | 100 (highest) | 64 |
| Returns on capital | 60 (highest) | 13 | 35 | 26 |
| Balance-sheet safety | 14 | 41 | 0 | 55 (highest) |
| Capital discipline | 34 | 80 (highest) | 12 | 24 |
| Margin of safety | 66% above value (highest margin of safety) | 114% above value | 132% above value | 106% above value |
| Market cap | $854.6M | $44.7B | $11.0B | $1.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |