The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
AOUT · Consumer Discretionary · Shallow moat
Doesn't clear the bar
SCI · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | NDLS | AOUT | MHK | SCI |
|---|---|---|---|---|
| Moat Score (0–100) | 41 | 42 (highest) | 42 (highest) | 41 |
| Pricing power | 100 (highest) | 77 | 39 | 38 |
| Returns on capital | 4 | 0 | 19 | 61 (highest) |
| Balance-sheet safety | 28 | 55 | 86 (highest) | 5 |
| Capital discipline | 24 | 40 | 37 | 52 (highest) |
| Margin of safety | No price data | 1215% above value | No price data | 464% above value (highest margin of safety) |
| Market cap | $65.0M | $173.1M | — | $11.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |