The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | NSYS | TGCB | GWH | PAYD |
|---|---|---|---|---|
| Moat Score (0–100) | 20 (highest) | 20 (highest) | 20 (highest) | 20 (highest) |
| Pricing power | 13 (highest) | 0 | 0 | 13 (highest) |
| Returns on capital | 7 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 28 | 55 (highest) | 55 (highest) | 55 (highest) |
| Capital discipline | 41 | 44 (highest) | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | No price data | 182% above value |
| Market cap | $39.2M | $1.4M | $19.8M | $20.8M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2023 | FY2025 | FY2025 |