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.
ZONE · Materials · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
| Measure | ZONE | MUX | MLKN | JELD |
|---|---|---|---|---|
| Moat Score (0–100) | 33 | 34 (highest) | 34 (highest) | 33 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | — | 67 (highest) | 60 | 35 |
| Pricing power | 82 (highest) | 0 | 63 | 30 |
| Returns on capital | 0 | 0 | 18 (highest) | 10 |
| Balance-sheet safety | 28 | 66 (highest) | 12 | 28 |
| Capital discipline | 24 | 37 | 16 | 64 (highest) |
| Price vs. high estimate | No price data | No price data | 16% above high estimate | 90% below high estimate (largest discount to high estimate) |
| Market cap | $7.2M | $913.8M | $1.5B | $100.0M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |