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.
MKTW · Technology · 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%.
BNZI · Technology · 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%.
JOCM · Technology · 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 | MKTW | BNZI | JOCM | DSP |
|---|---|---|---|---|
| Moat Score (0–100) | 62 (highest) | 62 (highest) | 62 (highest) | 62 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 43 | 57 (highest) | 45 | 57 (highest) |
| Pricing power | 83 | 91 | 100 (highest) | 75 |
| Returns on capital | — | — | — | 21 |
| Balance-sheet safety | 100 (highest) | 55 | 78 | 100 (highest) |
| Capital discipline | 20 | 44 | 24 | 55 (highest) |
| Price vs. high estimate | No price data | No price data | No price data | 611% above high estimate |
| Market cap | — | $22.9M | $77.5M | $797.0M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |