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.

VRNO · Agriculture · No moat

32/ 100
No moat

Doesn't clear the bar

DOLE · Agriculture · No moat

33/ 100
No moat

Doesn't clear the bar

CWBHF · Agriculture · No moat

33/ 100
No moat

Doesn't clear the bar

ALCO · Agriculture · No moat

27/ 100
No moat

Doesn't clear the bar

MeasureVRNODOLECWBHFALCO
Moat Score (0–100)3233 (highest)33 (highest)27
Pricing power78 (highest)28564
Returns on capital045 (highest)04
Balance-sheet safety03455 (highest)28
Capital discipline44202496 (highest)
Margin of safetyNo price data13% below value (highest margin of safety)No price data126% above value
Market cap$2.1B$1.4B$36.7M$312.9M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025