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.
SOAR · Industrials · 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%.
NTIC · Industrials · Shallow moat
Doesn't clear the bar
| Measure | SOAR | NTIC | SPXC | TEX |
|---|---|---|---|---|
| Moat Score (0–100) | 42 (highest) | 42 (highest) | 42 (highest) | 41 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 42 | 59 (highest) | 38 | 33 |
| Pricing power | 1 | 54 (highest) | 45 | 30 |
| Returns on capital | — | 20 | 37 | 85 (highest) |
| Balance-sheet safety | 100 (highest) | 33 | 64 | 29 |
| Capital discipline | 24 | 44 (highest) | 24 | 29 |
| Price vs. high estimate | No price data | 26% above high estimate (largest discount to high estimate) | 132% above high estimate | 115% above high estimate |
| Market cap | $1.3M | $75.8M | $10.6B | $7.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |