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.
NSP · Technology · 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%.
| Measure | NSP | INLX | AMN | CRWV |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 41 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 59 | 54 | 57 | 60 (highest) |
| Pricing power | 26 | 94 | 56 | 100 (highest) |
| Returns on capital | — | 6 | 53 (highest) | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 0 | 0 |
| Capital discipline | 23 | 24 | 40 | 44 (highest) |
| Price vs. high estimate | 35% above high estimate | 309% above high estimate | 56% below high estimate (largest discount to high estimate) | No price data |
| Market cap | $1.9B | $24.8M | $1.3B | $31.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |