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.
QPRC · 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 | TRNR | QPRC | ASLE | CENX |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 32 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 63 (highest) | 50 | 39 | 57 |
| Pricing power | 0 | 29 | 39 (highest) | 0 |
| Returns on capital | 0 | — | 12 (highest) | 4 |
| Balance-sheet safety | 55 | 28 | 13 | 77 (highest) |
| Capital allocation | 44 | 24 | 60 (highest) | 24 |
| No price data | No price data | 20% above value if growth stopped today | No price data | |
| Market cap | $44.7M | $2.4M | $292M | $4.6B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |