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.
APHP · 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%.
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 | APHP | ANGX | ECHO | OPTU |
|---|---|---|---|---|
| Moat Score (0–100) | 45 | 46 (highest) | 46 (highest) | 44 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 43 | 40 | 54 (highest) | 47 |
| Pricing power | 86 | 93 | 100 (highest) | 100 (highest) |
| Returns on capital | — | — | 4 | 9 (highest) |
| Balance-sheet safety | 28 (highest) | 28 (highest) | 28 (highest) | 0 |
| Capital discipline | 24 | 24 | 44 | 64 (highest) |
| Price vs. high estimate | No price data | No price data | 780% above high estimate | No price data |
| Market cap | $11.6M | $745.7M | $26.0B | — |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |