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.

RESOURCES CONNECTION, INC.

RGP · Technology · Shallow moat

Shallow moat

On the watchlist

PALO ALTO NETWORKS, INC

PANW · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

Vishay Precision Group, Inc.

VPG · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

i3 Verticals, Inc.

IIIV · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	RGP	PANW	VPG	IIIV
Moat Score (0–100)	56	57 (highest)	56	56
Pricing power	67	100 (highest)	67	63
Returns on capital	43 (highest)	11	36	4
Balance-sheet safety	55	73	68	100 (highest)
Capital discipline	61	44	59	80 (highest)
Margin of safety	55% below value (highest margin of safety)	3646% above value	No price data	115% above value
Market cap	$153.5M	$239.6B	—	$708.0M
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.