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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

AVO · Agriculture · No moat

22/ 100
No moat

Doesn't clear the bar

DMC · Agriculture · No moat

26/ 100
No moat

Doesn't clear the bar

NCRA · Agriculture · No moat

22/ 100
No moat

Doesn't clear the bar

BV · Agriculture · No moat

18/ 100
No moat

Doesn't clear the bar

MeasureAVODMCNCRABV
Moat Score (0–100)2226 (highest)2218
Pricing power511043 (highest)
Returns on capital13 (highest)460
Balance-sheet safety627178 (highest)1
Capital discipline2035 (highest)2424
Margin of safety129% above value22% below value (highest margin of safety)No price dataNo price data
Market cap$959.0M$1.4B$20.1M$1.4B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025