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.
AISP · Technology · 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 | AISP | FORM | VPG | CACI |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (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 | 48 | 31 | 28 | 100 (highest) |
| Pricing power | 73 (highest) | 59 | 67 | 27 |
| Returns on capital | — | 16 | 29 (highest) | 19 |
| Balance-sheet safety | 55 | 100 (highest) | 68 | 6 |
| Capital allocation | 24 | 45 | 59 | 99 (highest) |
| 20% below value if growth stopped today (largest discount to value if growth stopped today) | 954% above value if growth stopped today | No price data | 164% above value if growth stopped today | |
| Market cap | $70.5M | $8.2B | Not reported | $13.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |