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 | PHIN | CVNA | APTV | DWAY |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 38 | 38 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 54 | 75 (highest) | 54 | 50 |
| Pricing power | 40 | 0 | 24 | 70 (highest) |
| Returns on capital | 20 | 35 | 52 (highest) | 0 |
| Balance-sheet safety | 37 | 40 (highest) | 22 | 28 |
| Capital allocation | 40 | 44 (highest) | 40 | 44 (highest) |
| 64% above value if growth stopped today | 481% above value if growth stopped today | 44% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $3.0B | $13.6B | $12.0B | $5.3M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |