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.
FUN · Communications · Shallow moat
Doesn't clear the bar
APHP · Communications · Shallow 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%.
CHDN · Communications · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
TKO · Communications · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | FUN | APHP | CHDN | TKO |
|---|---|---|---|---|
| Moat Score (0–100) | 44 | 45 (highest) | 44 | 44 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 43 | 95 (highest) | 85 |
| Pricing power | 100 (highest) | 86 | — | — |
| Returns on capital | 0 | — | 14 | 40 (highest) |
| Balance-sheet safety | 28 | 28 | 1 | 30 (highest) |
| Capital allocation | 41 | 24 | 67 (highest) | 20 |
| No price data | No price data | 23% above value if growth stopped today (largest discount to value if growth stopped today) | 1473% above value if growth stopped today | |
| Market cap | $870M | $6.8M | $5.7B | $34.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |