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.

NCRA · Agriculture · No moat

No moat

Doesn't clear the bar

DMC · Agriculture · No moat

No moat

Doesn't clear the bar

TSNDF · Agriculture · No moat

No moat

Doesn't clear the bar

DOLE · Agriculture · No moat

No moat

Doesn't clear the bar

MeasureNCRADMCTSNDFDOLE
Moat Score (0–100)3435 (highest)3433
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend60 (highest)5760 (highest)51
Pricing power01177 (highest)28
Returns on capital60934 (highest)
Balance-sheet safety78 (highest)71134
Capital allocation2435 (highest)2420
No price data21% above value if growth stopped todayNo price data15% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$19.9M$1.3B$167M$1.3B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025