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.
| Measure | VECO | SONO | KBR | FTEK |
|---|---|---|---|---|
| Moat Score (0–100) | 35 (highest) | 35 (highest) | 35 (highest) | 35 (highest) |
| Pricing power | 66 | 75 (highest) | 0 | 62 |
| Returns on capital | 4 | 7 | 52 (highest) | 0 |
| Balance-sheet safety | 44 | 28 | 32 | 55 (highest) |
| Capital discipline | 24 | 24 | 64 (highest) | 24 |
| Margin of safety | 347% above value | No price data | 4% below value (highest margin of safety) | No price data |
| Market cap | $3.2B | $1.8B | $4.4B | $47.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |