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 | ZEO | CENX | GWAV | NX |
|---|---|---|---|---|
| Moat Score (0–100) | 32 (highest) | 32 (highest) | 32 (highest) | 32 (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 | 0 | 57 (highest) | 50 | 50 |
| Pricing power | 71 (highest) | 0 | 39 | 37 |
| Returns on capital | 18 | 4 | 0 | 21 (highest) |
| Balance-sheet safety | 28 | 77 (highest) | 28 | 28 |
| Capital allocation | 44 (highest) | 24 | 44 (highest) | 24 |
| No price data | No price data | No price data | Around the value if growth stopped today | |
| Market cap | Not reported | $4.6B | $2.2M | $850M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |