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.
TOGI · Technology · 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%.
BRGX · Technology · 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%.
| Measure | TOGI | MAX | FIVN | BRGX |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 45 (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 | 62 | 70 | 80 (highest) | 45 |
| Pricing power | 39 | 28 | 93 (highest) | 83 |
| Returns on capital | — | 66 (highest) | 0 | — |
| Balance-sheet safety | 55 (highest) | 0 | 28 | 28 |
| Capital allocation | 24 | 61 (highest) | 24 | 24 |
| No price data | No price data | No price data | No price data | |
| Market cap | $4.4M | $877M | $1.8B | $7.4M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |