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.
AISP · Technology · 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 | VPG | CACI | FORM | AISP |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (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 | 84 (highest) | 31 | 48 |
| Pricing power | 67 | 27 | 59 | 73 (highest) |
| Returns on capital | 29 (highest) | 19 | 16 | — |
| Balance-sheet safety | 68 | 22 | 100 (highest) | 55 |
| Capital allocation | 59 | 99 (highest) | 45 | 24 |
| No price data | 93% above value if growth stopped today | 944% above value if growth stopped today | 22% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | Not reported | $10.7B | $8.1B | $69.1M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |