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 | SND | ARQ | RCON | RIG |
|---|---|---|---|---|
| Moat Score (0–100) | 24 (highest) | 24 (highest) | 24 (highest) | 23 |
| Pricing power | 0 | 46 (highest) | 27 | 44 |
| Returns on capital | 11 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 55 (highest) | 28 |
| Capital discipline | 48 (highest) | 24 | 24 | 24 |
| Margin of safety | 28% above value | No price data | No price data | No price data |
| Market cap | $185.8M | $88.0M | $2.4M | $5.7B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2016 | FY2025 |