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.
| Measure | VECO | INIS | CHRN | DREM |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 39 (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 | 61 | 61 | 65 | 72 (highest) |
| Pricing power | 66 | 84 (highest) | 52 | 19 |
| Returns on capital | 0 | 0 | 0 | 27 (highest) |
| Balance-sheet safety | 44 | 28 | 55 (highest) | 54 |
| Capital allocation | 24 (highest) | 24 (highest) | 24 (highest) | 24 (highest) |
| 493% above value if growth stopped today | No price data | No price data | 55% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $2.6B | $26.4M | $2.2B | $777032 |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |