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.
IMXI · Technology · 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%.
| Measure | IMXI | SPGI | TXN | HGBL |
|---|---|---|---|---|
| Moat Score (0–100) | 76 (highest) | 76 (highest) | 76 (highest) | 76 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 79 (highest) | 77 | 61 | 55 |
| Pricing power | — | 100 (highest) | 97 | 70 |
| Returns on capital | 90 | 77 | 100 (highest) | 97 |
| Balance-sheet safety | 57 | 73 | 59 | 100 (highest) |
| Capital discipline | 80 (highest) | 56 | 65 | 60 |
| Price vs. high estimate | 62% below high estimate (largest discount to high estimate) | 78% above high estimate | 256% above high estimate | 36% below high estimate |
| Market cap | $393.2M | $134.0B | $257.8B | $40.3M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |