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.
RPD · Technology · 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%.
RBRK · Technology · 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%.
ATHR · Technology · 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%.
| Measure | RPD | CCSI | RBRK | ATHR |
|---|---|---|---|---|
| Moat Score (0–100) | 56 (highest) | 56 (highest) | 56 (highest) | 56 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 72 (highest) | 39 | 57 | 22 |
| Pricing power | 100 (highest) | 100 (highest) | 96 | 100 (highest) |
| Returns on capital | — | 100 | — | — |
| Balance-sheet safety | 28 | 21 | 28 | 78 (highest) |
| Capital discipline | 24 | 20 | 44 (highest) | 24 |
| Price vs. high estimate | No price data | 26% below high estimate | No price data | No price data |
| Market cap | $786.9M | $695.8M | $15.4B | $56.6M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |