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.
AAP · Consumer Discretionary · Shallow moat
Doesn't clear the bar
GROV · Consumer Discretionary · Shallow 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%.
| Measure | AAP | NEGG | JOUT | GROV |
|---|---|---|---|---|
| Moat Score (0–100) | 48 | 49 (highest) | 48 | 48 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 15 | 49 (highest) | 10 | 20 |
| Pricing power | 72 | 66 | 63 | 83 (highest) |
| Returns on capital | 59 | 41 | 70 (highest) | — |
| Balance-sheet safety | 55 | 73 (highest) | 55 | 55 |
| Capital discipline | 40 | 15 | 44 (highest) | 35 |
| Price vs. high estimate | 313% above high estimate | 83% above high estimate (largest discount to high estimate) | No price data | No price data |
| Market cap | $3.3B | $65.2M | Not reported | $45M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2012 | FY2025 | FY2025 |