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.
FWRG · Consumer Discretionary · No 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%.
JOBY · Consumer Discretionary · No 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 | FWRG | NRDE | JOBY | BWMG |
|---|---|---|---|---|
| Moat Score (0–100) | 30 (highest) | 30 (highest) | 30 (highest) | 29 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 75 (highest) | 50 | 40 | 59 |
| Pricing power | — | 0 | — | 35 (highest) |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 20 | 55 (highest) | 55 (highest) | 28 |
| Capital discipline | 24 | 44 (highest) | 24 | 24 |
| Price vs. high estimate | 253% above high estimate | No price data | No price data | No price data |
| Market cap | $742.4M | — | $6.8B | $1.6M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |