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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

FLXS · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

HGYN · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

AUMN · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

VRA · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureFLXSHGYNAUMNVRA
Moat Score (0–100)4344 (highest)4343
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend4870 (highest)70 (highest)10
Pricing power2144786 (highest)
Returns on capital23 (highest)000
Balance-sheet safety73100 (highest)5555
Capital allocation51444464 (highest)
143% above value if growth stopped todayNo price dataNo price dataNo price data
Market cap$399M$2.4M$3M$103M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2024FY2026