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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

RAIL · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

DBI · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

KPEA · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

TTSH · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

MeasureRAILDBIKPEATTSH
Moat Score (0–100)44 (highest)44 (highest)44 (highest)44 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend75 (highest)302025
Pricing power0278599 (highest)
Returns on capital073 (highest)21
Balance-sheet safety85 (highest)512835
Capital allocation60 (highest)404440
No price data40% below value if growth stopped today (largest discount to value if growth stopped today)No price data34% below value if growth stopped today
Market cap$160M$268M$148M$118M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025