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.
IPDN · Technology · Shallow moat
Doesn't clear the bar
| Measure | SHLS | QXL | SDCH | IPDN |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (highest) |
| Pricing power | 55 | 70 | 70 | 77 (highest) |
| Returns on capital | 50 (highest) | 7 | 7 | 0 |
| Balance-sheet safety | 37 | 55 (highest) | 55 (highest) | 55 (highest) |
| Capital discipline | 19 | 44 (highest) | 44 (highest) | 44 (highest) |
| Margin of safety | 187% above value | No price data | No price data | No price data |
| Market cap | $1.7B | $51.3M | $425.9M | $3.0M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |