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 | INDI | FSLY | WSC | CBZ |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 41 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 65 | 65 | 56 | 92 (highest) |
| Pricing power | 69 | 89 (highest) | 69 | 20 |
| Returns on capital | 0 | 0 | 0 | 13 (highest) |
| Balance-sheet safety | 28 | 28 | 40 (highest) | 0 |
| Capital allocation | 44 | 24 | 40 | 79 (highest) |
| No price data | No price data | 21% above value if growth stopped today (largest discount to value if growth stopped today) | 61% above value if growth stopped today | |
| Market cap | $684M | Not reported | $4.8B | $2.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |