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.
NTSK · Technology · Narrow moat
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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 | APPF | ADI | NOVT | NTSK |
|---|---|---|---|---|
| Moat Score (0–100) | 66 | 67 (highest) | 67 (highest) | 66 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 90 (highest) | 84 | 69 | 70 |
| Pricing power | 100 (highest) | 97 | 73 | 96 |
| Returns on capital | 14 | 34 (highest) | 18 | — |
| Balance-sheet safety | 100 (highest) | 56 | 100 (highest) | 55 |
| Capital allocation | 28 | 60 | 73 (highest) | 44 |
| 2282% above value if growth stopped today | 339% above value if growth stopped today (largest discount to value if growth stopped today) | 354% above value if growth stopped today | No price data | |
| Market cap | $6.0B | $182.1B | $5.0B | $2.5B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |