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 | CRWV | INDI | CBZ | APCX |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 41 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 60 | 65 | 92 (highest) | 63 |
| Pricing power | 100 (highest) | 69 | 20 | 83 |
| Returns on capital | 0 | 0 | 13 (highest) | 6 |
| Balance-sheet safety | 0 | 28 (highest) | 0 | 28 (highest) |
| Capital allocation | 44 | 44 | 79 (highest) | 24 |
| No price data | No price data | 61% above value if growth stopped today | No price data | |
| Market cap | $31.3B | $684M | $2.3B | $10.7M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |