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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

VHI · Materials · No moat

37/ 100
No moat

Doesn't clear the bar

MLKN · Materials · No moat

38/ 100
No moat

Doesn't clear the bar

RCKY · Materials · No moat

37/ 100
No moat

Doesn't clear the bar

SWIM · Materials · No moat

37/ 100
No moat

Doesn't clear the bar

MeasureVHIMLKNRCKYSWIM
Moat Score (0–100)3738 (highest)3737
Pricing power1263 (highest)5749
Returns on capital73 (highest)472310
Balance-sheet safety15024 (highest)20
Capital discipline44244276 (highest)
Margin of safety58% below value (highest margin of safety)17% above value17% below value1096% above value
Market cap$411.1M$1.5B$307.3M$687.8M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025