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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

NCL · Materials · No moat

No moat

Doesn't clear the bar

ATLX · Materials · No moat

No moat

Doesn't clear the bar

IAUX · Materials · No moat

No moat

Doesn't clear the bar

UEC · Materials · No moat

No moat

Doesn't clear the bar

MeasureNCLATLXIAUXUEC
Moat Score (0–100)24 (highest)24 (highest)24 (highest)24 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2050 (highest)50 (highest)43
Pricing power170025 (highest)
Returns on capital12 (highest)000
Balance-sheet safety28 (highest)28 (highest)28 (highest)28 (highest)
Capital allocation44 (highest)44 (highest)44 (highest)24
No price dataNo price dataNo price dataNo price data
Market cap$8.8M$75.2M$1.1B$4.3B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2024FY2025FY2025FY2025