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.
HWNI · Communications · 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%.
MTN · Communications · 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 | HWNI | MTN | GAME | LILA |
|---|---|---|---|---|
| Moat Score (0–100) | 33 | 34 (highest) | 33 | 33 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 33 | 41 | 57 (highest) | 36 |
| Pricing power | 27 | — | 38 | 100 (highest) |
| Returns on capital | — | 42 (highest) | 0 | 0 |
| Balance-sheet safety | 28 (highest) | 0 | 28 (highest) | 0 |
| Capital allocation | 44 | 52 (highest) | 44 | 28 |
| No price data | 62% above value if growth stopped today | No price data | No price data | |
| Market cap | $1261 | $5.4B | $257M | $1.6B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2024 | FY2026 | FY2025 | FY2025 |