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.
NMAX · Communications · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
CPHC · Communications · Shallow 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%.
CMCSA · Communications · Shallow 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%.
| Measure | NMAX | CPHC | CMCSA | SIRI |
|---|---|---|---|---|
| Moat Score (0–100) | 52 (highest) | 52 (highest) | 52 (highest) | 51 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 70 | 29 | 78 (highest) | 69 |
| Pricing power | 64 (highest) | — | — | 62 |
| Returns on capital | — | 56 | 20 | 82 (highest) |
| Balance-sheet safety | 28 | 100 (highest) | 28 | 3 |
| Capital allocation | 44 | 24 | 79 (highest) | 40 |
| No price data | 5% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 12% above value if growth stopped today | |
| Market cap | $812M | $79.6M | Not reported | $10.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |