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.
JOCM · Technology · Narrow moat
On the watchlist
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%.
BNZI · Technology · Narrow moat
On the watchlist
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%.
MKTW · Technology · Narrow moat
On the watchlist
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 | JOCM | P | BNZI | MKTW |
|---|---|---|---|---|
| Moat Score (0–100) | 62 (highest) | 62 (highest) | 62 (highest) | 62 (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 | 45 | 78 (highest) | 57 | 43 |
| Pricing power | 100 (highest) | 100 (highest) | 91 | 83 |
| Returns on capital | — | 4 | — | — |
| Balance-sheet safety | 78 | 100 (highest) | 55 | 100 (highest) |
| Capital discipline | 24 | 28 | 44 (highest) | 20 |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $77.5M | — | $22.9M | — |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |