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.
ATCH · Other · No moat
Doesn't clear the bar
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%.
BNC · Other · No 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%.
PWCM · Other · No moat
Doesn't clear the bar
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 | ATCH | BNC | UPXI | PWCM |
|---|---|---|---|---|
| Moat Score (0–100) | 31 | 32 (highest) | 32 (highest) | 30 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 (highest) | 20 | 15 | 50 (highest) |
| Pricing power | — | 8 | 66 (highest) | — |
| Returns on capital | 0 | — | 5 (highest) | 0 |
| Balance-sheet safety | 55 | 78 (highest) | 28 | 28 |
| Capital allocation | 20 | 24 | 44 (highest) | 44 (highest) |
| 71% below value if growth stopped today | No price data | No price data | No price data | |
| Market cap | $12.5M | $199M | $54.8M | $6.8M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2026 | FY2026 | FY2026 | FY2025 |