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 | TENB | NPKI | LINK | RPAY |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (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 | 65 (highest) | 45 | 55 | 58 |
| Pricing power | 98 | 6 | 73 | 100 (highest) |
| Returns on capital | 0 | 0 | 8 (highest) | 4 |
| Balance-sheet safety | 28 | 100 (highest) | 55 | 28 |
| Capital allocation | 24 | 63 (highest) | 24 | 24 |
| No price data | No price data | No price data | 83724% above value if growth stopped today | |
| Market cap | Not reported | $986M | $41.9M | $342.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |