The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | USAQ | PGEN | GH | NAII |
|---|---|---|---|---|
| Moat Score (0–100) | 40 (highest) | 40 (highest) | 40 (highest) | 40 (highest) |
| Pricing power | 72 | 99 (highest) | 99 (highest) | 3 |
| Returns on capital | 9 | 0 | 0 | 50 (highest) |
| Balance-sheet safety | 55 (highest) | 28 | 28 | 55 (highest) |
| Capital discipline | 24 | 24 | 24 | 64 (highest) |
| Margin of safety | No price data | No price data | No price data | 51% below value |
| Market cap | $6.6M | $1.8B | $20.4B | $13.7M |
| Moat tier | No moat | Shallow moat | Shallow moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |