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 | PLUG | TOPP | MWYN | LCUT |
|---|---|---|---|---|
| Moat Score (0–100) | 20 (highest) | 20 (highest) | 20 (highest) | 20 (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 | 48 (highest) | 12 | 10 | 5 |
| Pricing power | 0 | 0 | 1 | 63 (highest) |
| Returns on capital | 0 | 12 (highest) | 12 (highest) | 7 |
| Balance-sheet safety | 28 | 55 (highest) | 55 (highest) | 0 |
| Capital allocation | 24 (highest) | 24 (highest) | 24 (highest) | 24 (highest) |
| No price data | 29% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 105% above value if growth stopped today | |
| Market cap | Not reported | $2.5M | $45M | $191M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |