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.
KTOS · Consumer Discretionary · Shallow moat
Doesn't clear the bar
PEW · 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%.
| Measure | VNCE | IPW | KTOS | PEW |
|---|---|---|---|---|
| Moat Score (0–100) | 40 | 41 (highest) | 41 (highest) | 40 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 46 | 45 | 80 (highest) | 37 |
| Pricing power | 72 (highest) | 69 | 42 | 24 |
| Returns on capital | 4 | 12 (highest) | 0 | — |
| Balance-sheet safety | 35 | 55 | 57 (highest) | 55 |
| Capital allocation | 44 (highest) | 24 | 24 | 44 (highest) |
| No price data | No price data | No price data | 444% above value if growth stopped today | |
| Market cap | $76.2M | $21M | $8.0B | $69.9M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |