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 | INOD | AVNW | GWRE | OTEX |
|---|---|---|---|---|
| Moat Score (0–100) | 57 (highest) | 57 (highest) | 57 (highest) | 57 (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 | 80 | 60 | 85 | 90 (highest) |
| Pricing power | 66 | 56 | 84 | 99 (highest) |
| Returns on capital | 14 (highest) | 7 | 4 | 6 |
| Balance-sheet safety | 100 (highest) | 85 | 51 | 52 |
| Capital allocation | 24 | 76 (highest) | 61 | 37 |
| No price data | 117% above value if growth stopped today | 12263% above value if growth stopped today | 11% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $1.7B | $249M | $13.5B | $6.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2026 |