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.
CNS · Other · Narrow moat
On the watchlist
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%.
VRTS · Other · Narrow moat
Wonderful & reasonably priced
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%.
TW · Other · Narrow moat
On the watchlist
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%.
SF · Other · Narrow moat
On the watchlist
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 | CNS | VRTS | TW | SF |
|---|---|---|---|---|
| Moat Score (0–100) | 68 | 69 (highest) | 69 (highest) | 66 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 33 | 28 | 100 (highest) | 31 |
| Pricing power | — | — | — | — |
| Returns on capital | 100 (highest) | 89 | 23 | 88 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 73 | 78 |
| Capital allocation | 39 | 60 | 81 (highest) | 69 |
| 138% above value if growth stopped today | 51% below value if growth stopped today (largest discount to value if growth stopped today) | 263% above value if growth stopped today | No price data | |
| Market cap | $4.2B | $1.1B | $21.5B | Not reported |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |