The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | III | QVCAQ | PBSV | HOG |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Pricing power | 68 (highest) | 58 | 46 | 35 |
| Returns on capital | 15 (highest) | 9 | 14 | 12 |
| Balance-sheet safety | 42 | 28 | 55 | 79 (highest) |
| Capital discipline | 24 | 64 (highest) | 45 | 40 |
| Margin of safety | 74% above value | No price data | No price data | 62% below value (highest margin of safety) |
| Market cap | $190.6M | $472014 | $11.5M | $3.0B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |