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.
SXC · Industrials · 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%.
| Measure | SXC | BW | CTNT | TOPP |
|---|---|---|---|---|
| Moat Score (0–100) | 20 | 21 (highest) | 21 (highest) | 20 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 37 (highest) | 20 | 20 | 12 |
| Pricing power | — | 12 (highest) | 0 | 0 |
| Returns on capital | 23 (highest) | 0 | 9 | 12 |
| Balance-sheet safety | 0 | 28 | 28 | 55 (highest) |
| Capital discipline | 22 | 44 | 46 (highest) | 24 |
| Price vs. high estimate | No price data | No price data | No price data | 633% above high estimate |
| Market cap | — | $1.3B | $5.1M | $14.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |