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.

XMAX · Materials · No moat

18/ 100
No moat

Doesn't clear the bar

GORO · Materials · No moat

18/ 100
No moat

Doesn't clear the bar

UEC · Materials · No moat

18/ 100
No moat

Doesn't clear the bar

ALTO · Materials · No moat

16/ 100
No moat

Doesn't clear the bar

MeasureXMAXGOROUECALTO
Moat Score (0–100)18 (highest)18 (highest)18 (highest)16
Pricing power61625 (highest)0
Returns on capital011 (highest)04
Balance-sheet safety55 (highest)282831
Capital discipline24242444 (highest)
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$356.4M$165.8M$4.2B$451.5M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
XMAX vs GORO vs UEC vs ALTO — Moat Score Comparison · Buy Like Buffett