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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

URG · Materials · No moat

10/ 100
No moat

Doesn't clear the bar

NINE · Materials · No moat

11/ 100
No moat

Doesn't clear the bar

AMTX · Materials · No moat

10/ 100
No moat

Doesn't clear the bar

VRDR · Materials · No moat

10/ 100
No moat

Doesn't clear the bar

MeasureURGNINEAMTXVRDR
Moat Score (0–100)1011 (highest)1010
Pricing power04 (highest)00
Returns on capital04 (highest)00
Balance-sheet safety28 (highest)028 (highest)28 (highest)
Capital discipline2444 (highest)2424
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$465.1M$481.8M$103.9M$95.3M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
URG vs NINE vs AMTX vs VRDR — Moat Score Comparison · Buy Like Buffett