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 | PEGA | SCDA | PTC | BR |
|---|---|---|---|---|
| Moat Score (0–100) | 72 (highest) | 72 (highest) | 72 (highest) | 72 (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 | 79 | 100 (highest) | 90 | 94 |
| Pricing power | 98 (highest) | 95 | 97 | 46 |
| Returns on capital | 31 | 88 (highest) | 33 | 83 |
| Balance-sheet safety | 73 (highest) | 55 | 69 | 52 |
| Capital allocation | 80 | 24 | 72 | 84 (highest) |
| 670% above value if growth stopped today | 261% above value if growth stopped today | 211% above value if growth stopped today | 120% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $6.0B | $6.8M | $16.2B | $18.6B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2015 | FY2025 | FY2026 |