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 | TXN | CTS | WFCF | NVEC |
|---|---|---|---|---|
| Moat Score (0–100) | 70 (highest) | 70 (highest) | 70 (highest) | 70 (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 | 28 | 53 (highest) | 46 | 37 |
| Pricing power | 97 (highest) | 59 | 72 | 70 |
| Returns on capital | 100 (highest) | 72 | 59 | 100 (highest) |
| Balance-sheet safety | 59 | 70 | 73 | 100 (highest) |
| Capital discipline | 65 | 95 | 100 (highest) | 42 |
| Price vs. high estimate | 251% above high estimate | 29% above high estimate (largest discount to high estimate) | 116% above high estimate | 237% above high estimate |
| Market cap | $253.7B | $1.7B | $63.2M | $569M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |