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.

RTON · Consumer Discretionary · No moat

No 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%.

BNED · Consumer Discretionary · No moat

No moat

Doesn't clear the bar

SBDS · Consumer Discretionary · No moat

No moat

Doesn't clear the bar

NXB · Consumer Discretionary · No moat

No 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%.

MeasureRTONBNEDSBDSNXB
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend58 (highest)322050
Pricing power303499 (highest)27
Returns on capital07 (highest)
Balance-sheet safety28100 (highest)2855
Capital discipline423144 (highest)24
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$433.8M$10.6M$48.3M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2023FY2026FY2025FY2025