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.

NUTANIX, INC.

NTNX · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

RESOURCES CONNECTION, INC.

RGP · Technology · Shallow moat

Shallow moat

On the watchlist

i3 Verticals, Inc.

IIIV · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

ZETA GLOBAL HOLDINGS CORP.

ZETA · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	NTNX	RGP	IIIV	ZETA
Moat Score (0–100)	56 (highest)	56 (highest)	56 (highest)	56 (highest)
Pricing power	91	67	63	100 (highest)
Returns on capital	0	43 (highest)	4	0
Balance-sheet safety	100 (highest)	55	100 (highest)	86
Capital discipline	44	61	80 (highest)	44
Margin of safety	No price data	55% below value (highest margin of safety)	115% above value	No price data
Market cap	—	$153.5M	$708.0M	$4.8B
Moat tier	Shallow moat	Shallow moat	Shallow moat	Shallow moat
Filings as of	FY2025	FY2025	FY2025	FY2025

Scores reflect business quality, not buy/sell signals. Educational only — not investment advice, and not a recommendation on any company shown. See the methodology and disclaimer.