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.
BH · Consumer Discretionary · Shallow 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%.
STRT · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | TNL | LAD | BH | STRT |
|---|---|---|---|---|
| Moat Score (0–100) | 51 (highest) | 51 (highest) | 51 (highest) | 51 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 67 | 64 | 39 | 88 (highest) |
| Pricing power | 100 (highest) | 24 | 65 | 10 |
| Returns on capital | 45 | 56 (highest) | — | 22 |
| Balance-sheet safety | 1 | 9 | 55 | 73 (highest) |
| Capital allocation | 40 | 100 (highest) | 44 | 60 |
| 14% below value if growth stopped today | 38% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 4% below value if growth stopped today | |
| Market cap | $4.1B | $6.9B | Not reported | $247M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |