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.
GCMG · Other · Narrow moat
On the watchlist
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%.
APAM · Other · Narrow moat
Wonderful & reasonably priced
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%.
CME · Other · Narrow moat
On the watchlist
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 | GCMG | APAM | CME | RHLD |
|---|---|---|---|---|
| Moat Score (0–100) | 72 | 75 (highest) | 75 (highest) | 71 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 72 | 39 | 97 (highest) | 50 |
| Pricing power | — | — | — | 88 |
| Returns on capital | 88 | 100 (highest) | 24 | 100 (highest) |
| Balance-sheet safety | 46 | 100 (highest) | 100 (highest) | 75 |
| Capital allocation | 80 (highest) | 63 | 77 | 44 |
| 874% above value if growth stopped today | 13% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | No price data | |
| Market cap | $2.5B | $2.6B | Not reported | $966M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |