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.
VYST · Materials · 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%.
FANG · Materials · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | VYST | FANG | LTBR | CBUS |
|---|---|---|---|---|
| Moat Score (0–100) | 36 (highest) | 36 (highest) | 36 (highest) | 35 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 20 | 69 (highest) | 11 | 24 |
| Pricing power | 51 | — | 68 (highest) | 54 |
| Returns on capital | — | 18 (highest) | 0 | 0 |
| Balance-sheet safety | 28 | 32 | 55 (highest) | 55 (highest) |
| Capital discipline | 44 (highest) | 24 | 44 (highest) | 44 (highest) |
| Price vs. high estimate | No price data | 59% above high estimate | No price data | No price data |
| Market cap | $3.5M | $55.6B | $248.9M | — |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |