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.
ALTI · Other · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | WULF | ALTI | CIFR | COSG |
|---|---|---|---|---|
| Moat Score (0–100) | 40 (highest) | 40 (highest) | 40 (highest) | 40 (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 | 63 (highest) | 60 | 57 | 20 |
| Pricing power | 35 | — | 90 (highest) | 31 |
| Returns on capital | 0 | 0 | 0 | 12 (highest) |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 28 | 55 (highest) |
| Capital allocation | 44 | 44 | 24 | 80 (highest) |
| No price data | No price data | No price data | No price data | |
| Market cap | $6.9B | Not reported | $7.2B | $275M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2024 |