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.
FSI · Materials · Shallow moat
Doesn't clear the bar
| Measure | TLF | ATR | FSI | LYB |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 49 |
| Pricing power | 95 (highest) | 52 | 45 | 7 |
| Returns on capital | 7 | 43 | 60 | 97 (highest) |
| Balance-sheet safety | 55 | 55 | 91 (highest) | 28 |
| Capital discipline | 40 | 54 | 0 | 64 (highest) |
| Margin of safety | 81% above value | 67% above value | 124% above value | 19% below value (highest margin of safety) |
| Market cap | $19.3M | $8.5B | $75.6M | $19.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |