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%.
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 | JOCM | SANM | ENS |
|---|---|---|---|---|
| Moat Score (0–100) | 62 (highest) | 62 (highest) | 62 (highest) | 61 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 43 | 45 | 69 | 81 (highest) |
| Pricing power | 83 | 100 (highest) | 24 | 38 |
| Returns on capital | — | — | 53 (highest) | 47 |
| Balance-sheet safety | 100 (highest) | 78 | 94 | 54 |
| Capital allocation | 20 | 24 | 68 | 86 (highest) |
| No price data | No price data | 243% above value if growth stopped today | 102% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | Not reported | $77.5M | $9.4B | $6.2B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |