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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

KALU · Industrials · No moat

No moat

Doesn't clear the bar

GNSS · Industrials · No moat

No moat

Doesn't clear the bar

ASTE · Industrials · No moat

No moat

Doesn't clear the bar

VELO · Industrials · No moat

No moat

Doesn't clear the bar

MeasureKALUGNSSASTEVELO
Moat Score (0–100)31 (highest)31 (highest)31 (highest)31 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend681883 (highest)55
Pricing power178 (highest)250
Returns on capital11 (highest)800
Balance-sheet safety13282255 (highest)
Capital allocation62 (highest)242644
262% above value if growth stopped today (largest discount to value if growth stopped today)No price data348% above value if growth stopped todayNo price data
Market cap$2.6B$75M$1.3B$238M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025