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.
| Measure | IEX | ACLS | RAVE | FELE |
|---|---|---|---|---|
| Moat Score (0–100) | 74 | 75 (highest) | 74 | 73 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 71 (highest) | 67 | 55 | 62 |
| Pricing power | 76 | 69 | 92 (highest) | 60 |
| Returns on capital | 72 | 93 | 100 (highest) | 69 |
| Balance-sheet safety | 81 | 73 | 100 (highest) | 97 |
| Capital allocation | 70 | 72 | 24 | 77 (highest) |
| 155% above value if growth stopped today | 78% above value if growth stopped today | Around the value if growth stopped today (largest discount to value if growth stopped today) | 104% above value if growth stopped today | |
| Market cap | $17.7B | $3.6B | $30.8M | $4.4B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |