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.

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

EBAY · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

NTCT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

INVU · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

DASH · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

MeasureEBAYNTCTINVUDASH
Moat Score (0–100)58 (highest)58 (highest)58 (highest)58 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend38652780 (highest)
Pricing power99 (highest)99 (highest)86
Returns on capital65 (highest)06
Balance-sheet safety467355100 (highest)
Capital discipline405262 (highest)44
Price vs. high estimate118% above high estimate98% above high estimate (largest discount to high estimate)661% above high estimateNo price data
Market cap$49.1B$2.9B$47.9M$76.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025