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.
TRUG · Consumer Discretionary · 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%.
NWTG · Consumer Discretionary · 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%.
MOD · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | TRUG | NWTG | MOD | CAVA |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 22 | 57 | 65 | 80 (highest) |
| Pricing power | 89 (highest) | 55 | 15 | 11 |
| Returns on capital | — | — | 49 (highest) | 33 |
| Balance-sheet safety | 55 | 55 | 65 | 100 (highest) |
| Capital discipline | 47 | 46 | 71 (highest) | 40 |
| Price vs. high estimate | No price data | No price data | 590% above high estimate (largest discount to high estimate) | 4899% above high estimate |
| Market cap | $1.1M | $5.2M | $12.0B | $7.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |