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 | AWRE | NEON | ESE | VYX |
|---|---|---|---|---|
| Moat Score (0–100) | 53 | 54 (highest) | 53 | 52 |
| Pricing power | 100 (highest) | 96 | 64 | 100 (highest) |
| Returns on capital | 4 | 0 | 13 | 55 (highest) |
| Balance-sheet safety | 55 | 100 (highest) | 70 | 28 |
| Capital discipline | 52 | 24 | 79 (highest) | 0 |
| Margin of safety | No price data | No price data | 279% above value | 80% below value (highest margin of safety) |
| Market cap | $23.8M | $14.4M | $8.2B | $1.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |