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.
| Measure | LGIH | VELO | SEB | INGM |
|---|---|---|---|---|
| Moat Score (0–100) | 31 (highest) | 31 (highest) | 31 (highest) | 30 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 10 | 55 (highest) | 33 | 32 |
| Pricing power | 40 (highest) | 0 | 6 | 28 |
| Returns on capital | 42 (highest) | 0 | 0 | 31 |
| Balance-sheet safety | 40 | 55 (highest) | 39 | 40 |
| Capital allocation | 21 | 44 | 76 (highest) | 20 |
| 37% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 19% below value if growth stopped today | 67% above value if growth stopped today | |
| Market cap | $1.4B | $238M | $4.5B | $6.9B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |