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.
TDAY · Materials · Shallow 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%.
OVV · Materials · Shallow 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 | TDAY | OVV | REI | EQT |
|---|---|---|---|---|
| Moat Score (0–100) | 45 | 46 (highest) | 46 (highest) | 45 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 69 | 65 | 57 | 74 (highest) |
| Pricing power | 65 | — | 87 (highest) | 74 |
| Returns on capital | 0 | 44 (highest) | 13 | 4 |
| Balance-sheet safety | — | 36 | 28 | 50 (highest) |
| Capital discipline | 48 (highest) | 37 | 44 | 24 |
| Price vs. high estimate | 39% above high estimate | 7% below high estimate | 64% below high estimate (largest discount to high estimate) | 59% above high estimate |
| Market cap | $1.2B | $14.6B | $267.9M | $30.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |