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.
FUSE · Technology · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | IOT | FUSE | BYRN | BLKB |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (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 | 20 | 75 | 80 (highest) |
| Pricing power | 99 (highest) | 93 | 54 | 90 |
| Returns on capital | 0 | — | 10 (highest) | 4 |
| Balance-sheet safety | 55 | 55 | 100 (highest) | 4 |
| Capital allocation | 44 | 43 | 24 | 85 (highest) |
| No price data | No price data | No price data | 80% above value if growth stopped today | |
| Market cap | $19.0B | $25.7M | $80.3M | $1.5B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |