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.
BTBD · Consumer Discretionary · No 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%.
JOBY · Consumer Discretionary · No 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%.
PK · Consumer Discretionary · No 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 | BTBD | NRDE | JOBY | PK |
|---|---|---|---|---|
| Moat Score (0–100) | 30 (highest) | 30 (highest) | 30 (highest) | 30 (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 | 37 | 50 | 40 | 60 (highest) |
| Pricing power | — | 0 | — | — |
| Returns on capital | 10 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 28 | 55 (highest) | 55 (highest) | 0 |
| Capital allocation | 44 | 44 | 24 | 58 (highest) |
| No price data | No price data | No price data | 168% above value if growth stopped today | |
| Market cap | $6.9M | Not reported | $6.3B | $2.9B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2024 | FY2025 | FY2025 | FY2025 |