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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

DMC · Agriculture · No moat

26/ 100
No moat

Doesn't clear the bar

ALCO · Agriculture · No moat

27/ 100
No moat

Doesn't clear the bar

ITHUF · Agriculture · No moat

27/ 100
No moat

Doesn't clear the bar

NCRA · Agriculture · No moat

22/ 100
No moat

Doesn't clear the bar

MeasureDMCALCOITHUFNCRA
Moat Score (0–100)2627 (highest)27 (highest)22
Pricing power11468 (highest)0
Returns on capital4406 (highest)
Balance-sheet safety7128078 (highest)
Capital discipline3596 (highest)3224
Margin of safety22% below value (highest margin of safety)126% above valueNo price dataNo price data
Market cap$1.4B$312.9M$28.8M$20.1M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025