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.
| Measure | NPWR | BZH | NOV | WS |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 40 | 75 (highest) | 13 |
| Pricing power | 70 (highest) | 8 | 1 | 15 |
| Returns on capital | 0 | 4 | 0 | 48 (highest) |
| Balance-sheet safety | 55 | 40 | 61 | 93 (highest) |
| Capital allocation | 44 | 100 (highest) | 53 | 19 |
| No price data | 37% below value if growth stopped today (largest discount to value if growth stopped today) | 179% above value if growth stopped today | 21% above value if growth stopped today | |
| Market cap | Not reported | $988M | $7.5B | $1.8B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |