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.
ALTI · Other · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
WHG · Other · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
SNEX · Other · Shallow moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
RPC · Other · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | ALTI | WHG | SNEX | RPC |
|---|---|---|---|---|
| Moat Score (0–100) | 40 | 45 (highest) | 44 | 39 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 60 | 52 | 46 | 70 (highest) |
| Pricing power | — | — | 70 | — |
| Returns on capital | 0 | 11 (highest) | 0 | 10 |
| Balance-sheet safety | 55 | 100 (highest) | — | 4 |
| Capital discipline | 44 | 18 | 60 | 74 (highest) |
| Price vs. high estimate | No price data | No price data | 37% above high estimate | No price data |
| Market cap | — | — | $3.7B | — |
| Moat tier | No moat | Shallow moat | Shallow moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |