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 | RAVE | KEYS | ACLS | IEX |
|---|---|---|---|---|
| Moat Score (0–100) | 74 | 75 (highest) | 75 (highest) | 74 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 55 | 56 | 67 | 71 (highest) |
| Pricing power | 92 | 96 (highest) | 69 | 76 |
| Returns on capital | 100 (highest) | 82 | 93 | 72 |
| Balance-sheet safety | 100 (highest) | 65 | 73 | 81 |
| Capital allocation | 24 | 77 (highest) | 72 | 70 |
| Around the value if growth stopped today (largest discount to value if growth stopped today) | No price data | 63% above value if growth stopped today | 152% above value if growth stopped today | |
| Market cap | $31M | Not reported | $3.3B | $17.5B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |