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.
KFY · Technology · Wide moat
Wonderful & reasonably priced
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 | BBSI | KFY | TRAK | HGBL |
|---|---|---|---|---|
| Moat Score (0–100) | 80 (highest) | 80 (highest) | 80 (highest) | 80 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 93 (highest) | 49 | 79 | 71 |
| Pricing power | 32 | — | 92 (highest) | 70 |
| Returns on capital | 100 (highest) | 72 | 39 | 97 |
| Balance-sheet safety | 73 | 100 (highest) | 99 | 100 (highest) |
| Capital allocation | 100 (highest) | 100 (highest) | 90 | 60 |
| 78% above value if growth stopped today | 34% above value if growth stopped today | 105% above value if growth stopped today | 33% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $1.0B | $3.9B | $149M | $41.7M |
| Moat tier | Narrow moat | Wide moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |