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 | VNCE | F | VSEC | APTV |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 38 |
| Pricing power | 72 | 10 | 100 (highest) | 24 |
| Returns on capital | 4 | 72 (highest) | 4 | 62 |
| Balance-sheet safety | 35 | 28 | 37 (highest) | 22 |
| Capital discipline | 44 (highest) | 44 (highest) | 1 | 40 |
| Margin of safety | No price data | No price data | 755% above value | 46% above value (highest margin of safety) |
| Market cap | $82.7M | — | $4.7B | $12.2B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |