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.
SPWH · Consumer Discretionary · Shallow moat
Doesn't clear the bar
NSIT · Consumer Discretionary · Shallow moat
Doesn't clear the bar
OPLN · Consumer Discretionary · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | SPWH | NSIT | HOST | OPLN |
|---|---|---|---|---|
| Moat Score (0–100) | 42 (highest) | 42 (highest) | 42 (highest) | 42 (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 | 5 | 19 | 70 (highest) | 55 |
| Pricing power | 56 | 15 | 66 (highest) | — |
| Returns on capital | 82 (highest) | 58 | 0 | 9 |
| Balance-sheet safety | 0 | 29 | 28 | 58 (highest) |
| Capital allocation | 64 | 89 (highest) | 44 | 44 |
| No price data | 70% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 139% above value if growth stopped today | |
| Market cap | $42M | $5.3B | $48M | $4.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |