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 | NRDS | NTNX | SWKS | NUTX |
|---|---|---|---|---|
| Moat Score (0–100) | 64 (highest) | 64 (highest) | 64 (highest) | 64 (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 | 80 | 85 | 10 | 90 (highest) |
| Pricing power | 100 (highest) | 91 | 76 | 40 |
| Returns on capital | 6 | 0 | 93 (highest) | 83 |
| Balance-sheet safety | 73 | 100 (highest) | 96 | 81 |
| Capital allocation | 60 (highest) | 44 | 44 | 24 |
| 60% above value if growth stopped today | No price data | 42% below value if growth stopped today (largest discount to value if growth stopped today) | 35% above value if growth stopped today | |
| Market cap | $633M | Not reported | $9.0B | $1.0B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |