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 | NXDR | FROG | MSGM | FORM |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (highest) |
| Pricing power | 100 (highest) | 100 (highest) | 80 | 59 |
| Returns on capital | 0 | 0 | 9 | 23 (highest) |
| Balance-sheet safety | 55 | 55 | 73 | 100 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 44 (highest) | 25 |
| Margin of safety | No price data | No price data | No price data | 4133% above value |
| Market cap | — | $10.6B | $22.5M | $8.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |