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 | OKTA | LAWIL | INOD | TBCH |
|---|---|---|---|---|
| Moat Score (0–100) | 49 (highest) | 49 (highest) | 49 (highest) | 49 (highest) |
| Pricing power | 98 (highest) | 88 | 66 | 43 |
| Returns on capital | 0 | 11 | 14 | 74 (highest) |
| Balance-sheet safety | 73 | 0 | 100 (highest) | 42 |
| Capital discipline | 24 | 95 (highest) | 24 | 24 |
| Margin of safety | No price data | No price data | No price data | 18% above value |
| Market cap | $26.8B | — | $2.0B | $249.6M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |