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.

NFE · Utilities · No moat

No moat

Doesn't clear the bar

QRHC · Utilities · No moat

No moat

Doesn't clear the bar

MNTK · Utilities · No moat

No moat

Doesn't clear the bar

PPL · Utilities · No moat

No moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

MeasureNFEQRHCMNTKPPL
Moat Score (0–100)2223 (highest)2222
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend42505485 (highest)
Pricing power111227 (highest)
Returns on capital405 (highest)0
Balance-sheet safety28 (highest)28 (highest)82
Capital allocation24 (highest)24 (highest)170
91% below value if growth stopped today (largest discount to value if growth stopped today)15% above value if growth stopped today148% above value if growth stopped today224% above value if growth stopped today
Market cap$96.6M$25.8M$268M$27.2B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025