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.
ASTS · Communications · Narrow moat
On the watchlist
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%.
PLNT · Communications · Narrow moat
On the watchlist
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
MSGE · Communications · Narrow moat
On the watchlist
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 | ASTS | PLNT | MSGE | LTH |
|---|---|---|---|---|
| Moat Score (0–100) | 63 | 65 (highest) | 64 | 60 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 60 | — | 80 | 85 (highest) |
| Pricing power | 71 | 94 (highest) | — | 80 |
| Returns on capital | — | 81 (highest) | 77 | 0 |
| Balance-sheet safety | 78 (highest) | 6 | 40 | 77 |
| Capital allocation | 44 | 80 (highest) | 59 | 60 |
| No price data | No price data | 408% above value if growth stopped today (largest discount to value if growth stopped today) | 960% above value if growth stopped today | |
| Market cap | $10.4B | Not reported | $3.7B | $9.0B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |