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.
TKLS · Industrials · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | TKLS | CENX | SONO | FTEK |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 33 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 60 (highest) | 60 (highest) | 31 | 23 |
| Pricing power | 0 | 0 | 75 (highest) | 62 |
| Returns on capital | — | 4 | 7 (highest) | 0 |
| Balance-sheet safety | 28 | 77 (highest) | 28 | 55 |
| Capital discipline | 44 (highest) | 24 | 24 | 24 |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $73.6M | $4.2B | $1.8B | $46.0M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |