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.

QVC, Inc.

QVCDQ · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

CHEGG, INC

CHGG · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

CPI AEROSTRUCTURES, INC.

CVU · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

Playboy, Inc.

PLBY · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	QVCDQ	CHGG	CVU	PLBY
Moat Score (0–100)	40	41 (highest)	41 (highest)	40
Pricing power	60	91 (highest)	0	86
Returns on capital	26	11	83 (highest)	0
Balance-sheet safety	28	28	55 (highest)	28
Capital discipline	44 (highest)	24	24	44 (highest)
Margin of safety	No price data	No price data	33% below value	No price data
Market cap	—	$90.6M	$58.3M	$132.0M
Moat tier	Shallow moat	Shallow moat	Shallow moat	Shallow moat
Filings as of	FY2025	FY2025	FY2025	FY2025

Scores reflect business quality, not buy/sell signals. Educational only — not investment advice, and not a recommendation on any company shown. See the methodology and disclaimer.