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.

Daktronics, Inc.

DAKT · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

DESIGNER BRANDS INC.

DBI · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

Lithia Motors, Inc.

LAD · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

V2X, Inc.

VVX · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	DAKT	DBI	LAD	VVX
Moat Score (0–100)	48 (highest)	48 (highest)	48 (highest)	48 (highest)
Pricing power	34 (highest)	27	24	26
Returns on capital	21	73 (highest)	63	48
Balance-sheet safety	100 (highest)	51	9	48
Capital discipline	56	40	100 (highest)	80
Margin of safety	654% above value	37% below value (highest margin of safety)	29% below value	472% above value
Market cap	$923.2M	$281.1M	$7.9B	$2.4B
Moat tier	Shallow moat	Shallow moat	Shallow moat	Shallow moat
Filings as of	FY2026	FY2026	FY2025	FY2025

Scores reflect business quality, not buy/sell signals. Educational only — not investment advice, and not a recommendation on any company shown. See the methodology and disclaimer.