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.
WMG · Communications · Shallow moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
CTGG · Communications · Shallow moat
Doesn't clear the bar
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
CPLX · Communications · 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 | WMG | CTGG | SPOK | CPLX |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 57 (highest) | 56 | 54 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | — | — | 49 (highest) | 48 |
| Pricing power | 80 | 99 | 100 (highest) | 98 |
| Returns on capital | 57 (highest) | 55 | 4 | — |
| Balance-sheet safety | 14 | 28 | 100 (highest) | 28 |
| Capital allocation | 69 (highest) | 44 | 27 | 44 |
| No price data | No price data | 21% above value if growth stopped today | No price data | |
| Market cap | Not reported | $16 | $214M | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |