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.
MSGE · Communications · Narrow moat
On the watchlist
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
ASTS · Communications · 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 | LTH | MSGE | ASTS | GSAT |
|---|---|---|---|---|
| Moat Score (0–100) | 60 | 64 (highest) | 63 | 60 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 (highest) | 80 | 60 | 60 |
| Pricing power | 80 | — | 71 | 100 (highest) |
| Returns on capital | 0 | 77 (highest) | — | 0 |
| Balance-sheet safety | 77 | 40 | 78 | 95 (highest) |
| Capital allocation | 60 (highest) | 59 | 44 | 44 |
| 960% above value if growth stopped today | 408% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | No price data | |
| Market cap | $9.0B | $3.7B | $10.4B | $156.2B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Shallow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |