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.

AWX · Utilities · No moat

17/ 100
No moat

Doesn't clear the bar

SWX · Utilities · No moat

23/ 100
No moat

Doesn't clear the bar

OPTT · Utilities · No moat

20/ 100
No moat

Doesn't clear the bar

NFE · Utilities · No moat

16/ 100
No moat

Doesn't clear the bar

MeasureAWXSWXOPTTNFE
Moat Score (0–100)1723 (highest)2016
Pricing power30 (highest)0011
Returns on capital0208 (highest)
Balance-sheet safety05055 (highest)28
Capital discipline3960 (highest)4424
Margin of safetyNo price data86% above valueNo price data91% below value (highest margin of safety)
Market cap$6.6B$33.6M$97.7M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
AWX vs SWX vs OPTT vs NFE — Moat Score Comparison · Buy Like Buffett