The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | F | BNBX | ACM | VSEC |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 39 (highest) |
| Pricing power | 10 | 64 | 5 | 100 (highest) |
| Returns on capital | 72 (highest) | 0 | 34 | 4 |
| Balance-sheet safety | 28 | 55 (highest) | 51 | 37 |
| Capital discipline | 44 | 44 | 85 (highest) | 1 |
| Margin of safety | No price data | No price data | 45% above value (highest margin of safety) | 755% above value |
| Market cap | — | $271004 | $9.0B | $4.7B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |