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 | NVEC | WFCF | TXN | MGRC |
|---|---|---|---|---|
| Moat Score (0–100) | 70 (highest) | 70 (highest) | 70 (highest) | 70 (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 | 37 | 46 | 28 | 95 (highest) |
| Pricing power | 70 | 72 | 97 (highest) | 70 |
| Returns on capital | 100 (highest) | 59 | 100 (highest) | 80 |
| Balance-sheet safety | 100 (highest) | 73 | 59 | 42 |
| Capital allocation | 42 | 100 (highest) | 65 | 61 |
| 198% above value if growth stopped today | 145% above value if growth stopped today | 252% above value if growth stopped today | 13% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $504M | $71.8M | $254.7B | $2.8B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |