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 | FLUT | BL | CNXC | MRVL |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 40 |
| Pricing power | 80 | 100 (highest) | 62 | 78 |
| Returns on capital | 0 | 0 | 39 (highest) | 0 |
| Balance-sheet safety | 0 | 29 | 28 | 47 (highest) |
| Capital discipline | 82 (highest) | 24 | 24 | 38 |
| Margin of safety | 31% above value | 159% above value | Around fair value (highest margin of safety) | No price data |
| Market cap | $18.7B | $1.8B | $1.5B | $159.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |