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.

AIMD · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

NLST · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

ABM · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

ADTN · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

MeasureAIMDNLSTABMADTN
Moat Score (0–100)22 (highest)22 (highest)22 (highest)22 (highest)
Pricing power2601954 (highest)
Returns on capital09 (highest)80
Balance-sheet safety2855 (highest)1028
Capital discipline444462 (highest)0
Margin of safetyNo price dataNo price data23% above value (highest margin of safety)2806% above value
Market cap$9.7M$786.8M$2.9B$931.1M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
AIMD vs NLST vs ABM vs ADTN — Moat Score Comparison · Buy Like Buffett