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.
HNIT · 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 | WETH | PUBM | HNIT | MRVL |
|---|---|---|---|---|
| Moat Score (0–100) | 54 (highest) | 54 (highest) | 54 (highest) | 54 (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 | 15 | 46 | 20 | 75 (highest) |
| Pricing power | 54 | 96 | 100 (highest) | 78 |
| Returns on capital | 100 (highest) | 30 | — | 0 |
| Balance-sheet safety | 100 (highest) | 55 | 55 | 56 |
| Capital allocation | 0 | 44 | 42 | 60 (highest) |
| 87% below value if growth stopped today (largest discount to value if growth stopped today) | 179% above value if growth stopped today | No price data | No price data | |
| Market cap | $11.6M | $829M | $445M | $207.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |