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.

NRC · Consumer Discretionary · Shallow moat

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%.

MHH · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

NROM · Consumer Discretionary · Shallow moat

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%.

TSSI · Consumer Discretionary · Shallow moat

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%.

MeasureNRCMHHNROMTSSI
Moat Score (0–100)55 (highest)55 (highest)55 (highest)54
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend85 (highest)544983
Pricing power37 (highest)10
Returns on capital100 (highest)34100 (highest)
Balance-sheet safety30100 (highest)40100 (highest)
Capital discipline450 (highest)3024
Price vs. high estimate41% above high estimate32% above high estimate (largest discount to high estimate)143% above high estimate16359% above high estimate
Market cap$484.7M$87.4M$13.8M$250.5M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025