The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | KBR | NASC | SONO | VECO |
|---|---|---|---|---|
| Moat Score (0–100) | 35 (highest) | 35 (highest) | 35 (highest) | 35 (highest) |
| Pricing power | 0 | 70 | 75 (highest) | 66 |
| Returns on capital | 52 (highest) | 0 | 7 | 4 |
| Balance-sheet safety | 32 | 28 | 28 | 44 (highest) |
| Capital discipline | 64 (highest) | 44 | 24 | 24 |
| Margin of safety | 4% below value (highest margin of safety) | No price data | No price data | 347% above value |
| Market cap | $4.4B | $57494 | $1.8B | $3.2B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2023 | FY2025 | FY2025 |