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.
ANGX · Communications · 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 | ANGX | AMCX | RSVR | ECHO |
|---|---|---|---|---|
| Moat Score (0–100) | 46 | 48 (highest) | 48 (highest) | 46 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 40 | 63 (highest) | 60 | 54 |
| Pricing power | 93 | 86 | 98 | 100 (highest) |
| Returns on capital | — | 48 (highest) | 0 | 4 |
| Balance-sheet safety | 28 (highest) | 0 | 0 | 28 (highest) |
| Capital discipline | 24 | 40 | 80 (highest) | 44 |
| Price vs. high estimate | No price data | 64% below high estimate (largest discount to high estimate) | 88% above high estimate | 780% above high estimate |
| Market cap | $745.7M | $595.3M | $665.9M | $26.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |