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.
BELFA · Technology · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
BRQSF · Technology · 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%.
| Measure | BELFA | BRQSF | PL | CREX |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (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 | — | 60 | 65 (highest) | 63 |
| Pricing power | 22 | 28 | 53 | 54 (highest) |
| Returns on capital | 30 (highest) | — | 0 | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 28 | 28 |
| Capital allocation | 44 (highest) | 36 | 44 (highest) | 44 (highest) |
| No price data | 93% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 442% above value if growth stopped today | |
| Market cap | Not reported | $3M | Not reported | $33.7M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2017 | FY2026 | FY2025 |