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 | CF | WMS | PMTS | MTDR |
|---|---|---|---|---|
| Moat Score (0–100) | 62 | 63 (highest) | 62 | 61 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 64 | 70 | 55 | 76 (highest) |
| Pricing power | 23 | 31 | 54 | 100 (highest) |
| Returns on capital | 77 | 75 | 82 (highest) | 61 |
| Balance-sheet safety | 82 (highest) | 77 | 53 | 45 |
| Capital allocation | 64 | 60 | 67 (highest) | 24 |
| 12% below value if growth stopped today | 87% above value if growth stopped today | Around the value if growth stopped today | 29% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $18.4B | $9.3B | $294M | $6.7B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |