The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | APPN | PDFS | WSC | PRTH |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Pricing power | 96 (highest) | 90 | 69 | 48 |
| Returns on capital | 0 | 6 | 4 | 38 (highest) |
| Balance-sheet safety | 0 | 21 | 40 (highest) | 0 |
| Capital discipline | 44 | 24 | 40 | 60 (highest) |
| Margin of safety | No price data | No price data | 24% above value | 39% below value (highest margin of safety) |
| Market cap | $1.9B | $2.0B | $4.9B | $548.0M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |