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 | IMMR | SMCI | RHI | BKTI |
|---|---|---|---|---|
| Moat Score (0–100) | 63 | 64 (highest) | 63 | 63 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 57 | 95 (highest) | 11 | 78 |
| Pricing power | 100 (highest) | 16 | 69 | 70 |
| Returns on capital | 81 | 60 | 97 (highest) | 7 |
| Balance-sheet safety | 55 | 86 | 100 (highest) | 100 (highest) |
| Capital allocation | 24 | 60 (highest) | 40 | 60 (highest) |
| 35% below value if growth stopped today (largest discount to value if growth stopped today) | 102% above value if growth stopped today | 24% below value if growth stopped today | No price data | |
| Market cap | $235M | $23.5B | $3.5B | $247M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2026 | FY2025 | FY2025 |