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 | NATR | AME | EW | KEYS |
|---|---|---|---|---|
| Moat Score (0–100) | 75 | 76 (highest) | 76 (highest) | 75 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 44 | 95 (highest) | 43 | 56 |
| Pricing power | 100 (highest) | 60 | 98 | 96 |
| Returns on capital | 66 | 54 | 100 (highest) | 82 |
| Balance-sheet safety | 73 | 89 | 100 (highest) | 65 |
| Capital allocation | 93 (highest) | 80 | 37 | 77 |
| 96% above value if growth stopped today (largest discount to value if growth stopped today) | 229% above value if growth stopped today | 187% above value if growth stopped today | No price data | |
| Market cap | $357M | $55.4B | $48.0B | Not reported |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |