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 | COUR | BB | CERT | OMCL |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 45 (highest) |
| Pricing power | 84 | 96 | 100 (highest) | 75 |
| Returns on capital | 0 | 4 (highest) | 0 | 4 (highest) |
| Balance-sheet safety | 55 | 70 | 40 | 100 (highest) |
| Capital discipline | 44 (highest) | 5 | 36 | 6 |
| Margin of safety | No price data | No price data | 560% above value | 313% above value (highest margin of safety) |
| Market cap | $933.5M | $5.3B | $1.1B | $2.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |