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.
| Measure | ELTP | EW | NATR | WST |
|---|---|---|---|---|
| Moat Score (0–100) | 75 | 76 (highest) | 75 | 75 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 90 (highest) | 43 | 44 | 44 |
| Pricing power | 71 | 98 | 100 (highest) | 54 |
| Returns on capital | 80 | 100 (highest) | 66 | 91 |
| Balance-sheet safety | 73 | 100 (highest) | 73 | 100 (highest) |
| Capital allocation | 60 | 37 | 93 (highest) | 83 |
| 293% above value if growth stopped today | 187% above value if growth stopped today | 96% above value if growth stopped today (largest discount to value if growth stopped today) | 263% above value if growth stopped today | |
| Market cap | $420M | $48.0B | $357M | $23.6B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |