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.
BNED · Consumer Discretionary · Shallow moat
Doesn't clear the bar
FFLO · Consumer Discretionary · Shallow moat
Doesn't clear the bar
The businessTrend component abstained: Only one aligned fiscal year of revenue and diluted EPS is available; a trend needs at least two observations. The other four 20% weights were renormalized over the scored 80%.
GHC · Consumer Discretionary · Shallow moat
Doesn't clear the bar
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 | BNED | MNRO | FFLO | GHC |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 44 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 57 | 27 | — | 67 (highest) |
| Pricing power | 34 | 60 | 63 (highest) | — |
| Returns on capital | 0 | 13 (highest) | 0 | 0 |
| Balance-sheet safety | 100 (highest) | 86 | 55 | 31 |
| Capital allocation | 31 | 36 | 60 | 80 (highest) |
| No price data | 53% below value if growth stopped today (largest discount to value if growth stopped today) | 509% above value if growth stopped today | 40% above value if growth stopped today | |
| Market cap | $431M | $404M | $10.5M | $5.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2026 | FY2025 | FY2025 |