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.
| Measure | SPCE | PKOH | QNME | MATW |
|---|---|---|---|---|
| Moat Score (0–100) | 22 (highest) | 22 (highest) | 22 (highest) | 22 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 72 (highest) | 20 | 30 |
| Pricing power | 19 | 24 | 8 | 52 (highest) |
| Returns on capital | 0 | 10 | 12 (highest) | 0 |
| Balance-sheet safety | 28 (highest) | 0 | 28 (highest) | 0 |
| Capital allocation | 44 (highest) | 5 | 44 (highest) | 28 |
| No price data | 430% above value if growth stopped today | No price data | 366% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $189M | $665M | $19.6M | $594M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |