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.
| Measure | CBT | TLF | NGVT | SGI |
|---|---|---|---|---|
| Moat Score (0–100) | 57 (highest) | 57 (highest) | 57 (highest) | 57 (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 | 56 | 61 (highest) | 26 | 55 |
| Pricing power | 37 | 95 (highest) | 59 | 72 |
| Returns on capital | 57 | 4 | 100 (highest) | 78 |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 36 | 2 |
| Capital allocation | 79 (highest) | 72 | 64 | 77 |
| 8% above value if growth stopped today | 4% below value if growth stopped today (largest discount to value if growth stopped today) | 2864% above value if growth stopped today | 151% above value if growth stopped today | |
| Market cap | $4.0B | $19.2M | $2.5B | $13.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |