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 | TPB | MO | INGR | MAMA |
|---|---|---|---|---|
| Moat Score (0–100) | 66 (highest) | 66 (highest) | 66 (highest) | 65 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 63 | 70 | 77 | 80 (highest) |
| Pricing power | 71 | 79 (highest) | 33 | 34 |
| Returns on capital | 73 | 100 (highest) | 55 | 97 |
| Balance-sheet safety | 49 | 42 | 92 (highest) | 91 |
| Capital allocation | 75 (highest) | 40 | 74 | 24 |
| 229% above value if growth stopped today | 57% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 1649% above value if growth stopped today | |
| Market cap | $1.5B | $122.2B | Not reported | $721M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |