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.
| Measure | SHOP | FISV | MMS | NUTX |
|---|---|---|---|---|
| Moat Score (0–100) | 58 (highest) | 58 (highest) | 58 (highest) | 58 (highest) |
| Pricing power | 84 | 100 (highest) | 38 | 40 |
| Returns on capital | 18 | 34 | 76 | 83 (highest) |
| Balance-sheet safety | 100 (highest) | 32 | 39 | 81 |
| Capital discipline | 38 | 57 | 81 (highest) | 24 |
| Margin of safety | 1975% above value | 29% below value (highest margin of safety) | 20% below value | 51% above value |
| Market cap | $161.2B | $27.1B | $3.2B | $1.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |