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.

EFX · Technology · No moat

No 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%.

NVVE · Technology · No moat

No moat

Doesn't clear the bar

MLGO · Technology · No moat

No moat

Doesn't clear the bar

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

DHX · Technology · No moat

No moat

Doesn't clear the bar

MeasureEFXNVVEMLGODHX
Moat Score (0–100)3839 (highest)39 (highest)38
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend55 (highest)3728
Pricing power5825100 (highest)
Returns on capital19050 (highest)0
Balance-sheet safety2655 (highest)55 (highest)0
Capital allocation54442464 (highest)
144% above value if growth stopped today (largest discount to value if growth stopped today)No price data670% above value if growth stopped today341% above value if growth stopped today
Market cap$20.8B$6.7M$183M$171M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2022FY2025