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.
CG · Other · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
COHN · Other · 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 | CG | HKHC | NDAQ | COHN |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 58 (highest) | 55 | 53 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 10 | 75 | 82 (highest) | 60 |
| Pricing power | 100 (highest) | 43 | 96 | — |
| Returns on capital | — | 11 | 16 | 38 (highest) |
| Balance-sheet safety | 48 | 100 (highest) | 19 | 55 |
| Capital discipline | 60 (highest) | 60 (highest) | 60 (highest) | 60 (highest) |
| Price vs. high estimate | 30% above high estimate (largest discount to high estimate) | No price data | 159% above high estimate | No price data |
| Market cap | $16.2B | $522M | $52.5B | $28.7M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |