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.
| Measure | WSC | WEAV | PDFS | APPN |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Pricing power | 69 | 92 | 90 | 96 (highest) |
| Returns on capital | 4 | 0 | 6 (highest) | 0 |
| Balance-sheet safety | 40 (highest) | 28 | 21 | 0 |
| Capital discipline | 40 | 24 | 24 | 44 (highest) |
| Margin of safety | 24% above value | No price data | No price data | No price data |
| Market cap | $4.9B | $566.5M | $2.0B | $1.9B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |