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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

PEGA · Technology · Narrow moat

Narrow moat

On the watchlist

SCDA · Technology · Narrow moat

Narrow moat

On the watchlist

PTC · Technology · Narrow moat

Narrow moat

On the watchlist

EVTC · Technology · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasurePEGASCDAPTCEVTC
Moat Score (0–100)72 (highest)72 (highest)72 (highest)72 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend79100 (highest)9075
Pricing power989597100 (highest)
Returns on capital31883397 (highest)
Balance-sheet safety73 (highest)55695
Capital allocation80247283 (highest)
489% above value if growth stopped today403% above value if growth stopped today171% above value if growth stopped today17% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$4.6B$9.5M$14.2B$1.8B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2015FY2025FY2025