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 | CHE | EMBC | VNT | ONTO |
|---|---|---|---|---|
| Moat Score (0–100) | 69 | 70 (highest) | 70 (highest) | 69 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 79 (highest) | 36 | 68 | 56 |
| Pricing power | 0 | 99 (highest) | 75 | 84 |
| Returns on capital | 100 (highest) | 100 (highest) | 86 | 26 |
| Balance-sheet safety | 73 | 100 (highest) | 64 | 100 (highest) |
| Capital allocation | 95 (highest) | 15 | 55 | 80 |
| 135% above value if growth stopped today | 86% below value if growth stopped today (largest discount to value if growth stopped today) | 3% below value if growth stopped today | 522% above value if growth stopped today | |
| Market cap | $7.0B | $192M | $4.4B | $13.5B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |