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.
NTIC · Industrials · Shallow moat
Doesn't clear the bar
| Measure | NTIC | GTES | USFD | HELE |
|---|---|---|---|---|
| Moat Score (0–100) | 42 (highest) | 42 (highest) | 42 (highest) | 42 (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 | 60 | 48 | 95 (highest) | 15 |
| Pricing power | 54 | 65 | 32 | 71 (highest) |
| Returns on capital | 20 | 17 | 11 | 32 (highest) |
| Balance-sheet safety | 33 (highest) | 30 | 17 | 28 |
| Capital allocation | 44 | 51 | 56 | 64 (highest) |
| 27% above value if growth stopped today | 58% above value if growth stopped today | 226% above value if growth stopped today | 60% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $76.2M | $6.8B | $21.4B | $657M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |