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.
EFX · Technology · 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%.
MLGO · Technology · 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%.
| Measure | EFX | NVVE | MLGO | QNST |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 39 (highest) | 38 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 55 | 37 | — | 80 (highest) |
| Pricing power | — | 58 (highest) | 25 | 11 |
| Returns on capital | 19 | 0 | 50 (highest) | 7 |
| Balance-sheet safety | 26 | 55 | 55 | 70 (highest) |
| Capital allocation | 54 (highest) | 44 | 24 | 24 |
| 125% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 372% above value if growth stopped today | 838% above value if growth stopped today | |
| Market cap | $19.1B | $2M | $112M | $925M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2022 | FY2026 |