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 | TEX | IVFH | KN | HSIC |
|---|---|---|---|---|
| Moat Score (0–100) | 47 | 48 (highest) | 48 (highest) | 47 |
| Pricing power | 30 | 39 | 63 (highest) | 53 |
| Returns on capital | 89 (highest) | 37 | 0 | 55 |
| Balance-sheet safety | 29 | 100 (highest) | 84 | 19 |
| Capital discipline | 29 | 24 | 59 (highest) | 55 |
| Margin of safety | 38% above value (highest margin of safety) | No price data | 456% above value | 61% above value |
| Market cap | $7.4B | $14.0M | $3.0B | $10.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |