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.
FCCN · Technology · Narrow moat
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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%.
| Measure | RHI | FCCN | SMCI | IMMR |
|---|---|---|---|---|
| Moat Score (0–100) | 63 | 64 (highest) | 64 (highest) | 63 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 11 | 85 | 95 (highest) | 57 |
| Pricing power | 69 | 70 | 16 | 100 (highest) |
| Returns on capital | 97 (highest) | — | 60 | 81 |
| Balance-sheet safety | 100 (highest) | 55 | 86 | 55 |
| Capital allocation | 40 | 44 | 60 (highest) | 24 |
| 19% below value if growth stopped today | No price data | 120% above value if growth stopped today | 34% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $3.8B | $441M | $25.7B | $239M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2026 |