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 | SITM | SSNC | LINK | TENB |
|---|---|---|---|---|
| Moat Score (0–100) | 40 (highest) | 40 (highest) | 40 (highest) | 40 (highest) |
| Pricing power | 76 | 77 | 73 | 98 (highest) |
| Returns on capital | 4 | 8 (highest) | 8 (highest) | 0 |
| Balance-sheet safety | 55 (highest) | 13 | 55 (highest) | 28 |
| Capital discipline | 24 | 60 (highest) | 24 | 24 |
| Margin of safety | No price data | 9% above value | No price data | No price data |
| Market cap | $14.6B | $16.8B | $46.0M | — |
| Moat tier | No moat | Shallow moat | Shallow moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |