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.

KLTR · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

APCX · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

KLIC · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CNXC · Technology · Shallow moat

Shallow moat

On the watchlist

MeasureKLTRAPCXKLICCNXC
Moat Score (0–100)41 (highest)41 (highest)41 (highest)41 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5363 (highest)2055
Pricing power98 (highest)837462
Returns on capital0641 (highest)34
Balance-sheet safety28 (highest)28 (highest)28 (highest)28 (highest)
Capital allocation242440 (highest)24
No price dataNo price data729% above value if growth stopped today77% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$207M$10.7M$5.3B$1.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025