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 | EQPT | ESTC | TRU | UPBD |
|---|---|---|---|---|
| Moat Score (0–100) | 51 (highest) | 51 (highest) | 51 (highest) | 51 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 75 (highest) | 75 (highest) | 60 | 26 |
| Pricing power | 84 | 100 (highest) | 100 (highest) | 81 |
| Returns on capital | 17 | 0 | 6 | 93 (highest) |
| Balance-sheet safety | 0 | 55 (highest) | 18 | 28 |
| Capital allocation | 77 (highest) | 24 | 69 | 25 |
| 711% above value if growth stopped today | No price data | 162% above value if growth stopped today | 46% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $1.5B | $6.1B | $14.7B | $1.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |