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.

NHTC · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

HSIC · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

RAL · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

RLGT · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureNHTCHSICRALRLGT
Moat Score (0–100)4344 (highest)44 (highest)42
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend1543 (highest)2630
Pricing power99 (highest)538742
Returns on capital048 (highest)3327
Balance-sheet safety55192862 (highest)
Capital allocation4455 (highest)4451
No price data56% above value if growth stopped today (largest discount to value if growth stopped today)68% above value if growth stopped today83% above value if growth stopped today
Market capNot reported$9.9B$7.8B$419M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025