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.

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

NLST · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

WORX · Technology · No moat

23/ 100
No moat

Doesn't clear the bar

KOPN · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

ABM · Technology · No moat

22/ 100
No moat

Doesn't clear the bar

MeasureNLSTWORXKOPNABM
Moat Score (0–100)2223 (highest)2222
Pricing power027 (highest)2219
Returns on capital9 (highest)008
Balance-sheet safety55 (highest)2855 (highest)10
Capital discipline44442462 (highest)
Margin of safetyNo price dataNo price dataNo price data23% above value
Market cap$786.8M$10.3M$674.0M$2.9B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
NLST vs WORX vs KOPN vs ABM — Moat Score Comparison · Buy Like Buffett