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 | PLCE | AIN | BNED | BWA |
|---|---|---|---|---|
| Moat Score (0–100) | 37 | 38 (highest) | 38 (highest) | 37 |
| Pricing power | 44 | 50 (highest) | 34 | 31 |
| Returns on capital | 47 (highest) | 43 | 4 | 37 |
| Balance-sheet safety | 28 | 0 | 100 (highest) | 46 |
| Capital discipline | 24 | 50 (highest) | 31 | 38 |
| Margin of safety | No price data | No price data | No price data | 95% above value |
| Market cap | $65.6M | — | $433.8M | $12.9B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2026 | FY2025 | FY2026 | FY2025 |