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.
MLGO · Technology · No moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
EFX · Technology · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | QNST | MLGO | EFX | DHX |
|---|---|---|---|---|
| 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 | 80 (highest) | — | 55 | 28 |
| Pricing power | 11 | 25 | — | 100 (highest) |
| Returns on capital | 7 | 50 (highest) | 19 | 0 |
| Balance-sheet safety | 70 (highest) | 55 | 26 | 0 |
| Capital allocation | 24 | 24 | 54 | 64 (highest) |
| 987% above value if growth stopped today | 640% above value if growth stopped today | 149% above value if growth stopped today (largest discount to value if growth stopped today) | 419% above value if growth stopped today | |
| Market cap | $1.1B | $175M | $21.2B | $201M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2026 | FY2022 | FY2025 | FY2025 |