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.
FRQND · Technology · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
KPLT · Technology · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | FRQND | KPLT | BB | BLZE |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 39 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 78 (highest) | 60 | 20 | 62 |
| Pricing power | 27 | 10 | 96 (highest) | 82 |
| Returns on capital | — | — | 4 (highest) | 0 |
| Balance-sheet safety | 28 | 28 | 70 (highest) | 28 |
| Capital discipline | 24 | 60 (highest) | 5 | 24 |
| Price vs. high estimate | No price data | 97% below high estimate | No price data | No price data |
| Market cap | — | $33.2M | $5.2B | $790.9M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2024 | FY2025 | FY2026 | FY2025 |