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.
| Measure | BV | NCRA | AVO | RYM |
|---|---|---|---|---|
| Moat Score (0–100) | 18 | 22 (highest) | 22 (highest) | 16 |
| Pricing power | 43 (highest) | 0 | 5 | 0 |
| Returns on capital | 0 | 6 | 13 (highest) | 0 |
| Balance-sheet safety | 1 | 78 (highest) | 62 | 55 |
| Capital discipline | 24 (highest) | 24 (highest) | 20 | 24 (highest) |
| Margin of safety | No price data | No price data | 129% above value | No price data |
| Market cap | $1.4B | $20.1M | $959.0M | $47.8M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |