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 | CIRC | ULBI | BBAI | IVDA |
|---|---|---|---|---|
| Moat Score (0–100) | 23 | 24 (highest) | 23 | 23 |
| Pricing power | 30 | 39 (highest) | 38 | 11 |
| Returns on capital | 0 | 4 | 6 (highest) | 0 |
| Balance-sheet safety | 28 | 28 | 28 | 55 (highest) |
| Capital discipline | 44 (highest) | 26 | 24 | 44 (highest) |
| Margin of safety | No price data | 210% above value | No price data | No price data |
| Market cap | $43.0M | $91.8M | $1.2B | $1.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |